About 1788 Alki Avenue Sw
Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.
Features of 1788 Alki Avenue Sw
| MLS® # | 2493770 |
|---|---|
| Price | $2,975,000 |
| Square Footage | 7,200 |
| Acres | 0.28 |
| Year Built | 1937 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1788 Alki Avenue Sw |
|---|---|
| Area | 140 - West Seattle |
| Subdivision | Alki |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98116 |
Amenities
| Parking Spaces | 10 |
|---|---|
| View | City, Mountains, Ocean, Sound, Territorial |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior Features | Wood |
|---|---|
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|
Additional Information
| Date Listed | March 17th, 2026 |
|---|---|
| Days on Market | 163 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kidder Mathews |
|---|