Waterfront Multifamily Asset on
1788 Alki Ave SW, Seattle, WA 98116
Six-unit multifamily property with Puget Sound and Olympic Mountain views.
Property size:
1,200 SFLot size:
0.28 AcresPrice / SF:
$2,708/SF- Added:
- Mar 21, 2026
- Days on Market:
- 50
- Last Refresh:
- Mar 21 at 8:06 pm
Property Features for 1788 Alki Ave SW
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 0.28 Acres
Building Details
- Year Built
- 1946
Listing agent MATT LAIRD
Listing office KIDDER MATHEWS
Listing date Mar 21, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KIDDER MATHEWS
HighLights
- Unobstructed Puget Sound and Olympic Mountain views from a waterfront location on Alki Ave SW
- Steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities
- Strong unit mix with spacious, renovated units averaging approximately 1,200 SF and in‑unit laundry
- Off‑street parking for 8‑10 cars
- Located on a 12,000 SF LR2(M) zoned lot with possible future redevelopment optionality
- Value‑add potential through continued rent growth due to renovated units and premier location
Overview
This is a six-unit waterfront multifamily property situated on Alki Ave SW. The property offers unobstructed Puget Sound and Olympic Mountain views and is located 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Waterfront Land
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3973297
- Latitude
- 47.5859976
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property with Puget Sound and Olympic Mountain views.
Where is this apartment building located?
The property is located at 1788 Alki Ave SW Seattle, WA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Unobstructed Puget Sound and Olympic Mountain views from a waterfront location on Alki Ave SW; Steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities; Strong unit mix with spacious, renovated units averaging approximately 1,200 SF and in‑unit laundry
