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1788 Alki Ave SW Seattle, WA 98116

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For Sale
$3,250,000

Six-unit multifamily property with Puget Sound and Olympic Mountain views.

Property Features for 1788 Alki Ave SW

General Information

Standard status
Active

Building Details

Year built
1946

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Listing Contact
Matt Laird
Source: Corcoran

Listing Agency: KIDDER MATHEWS Listing Agent: Matt Laird

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Waterfront Multifamily Asset on Alki

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.
Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.3973297
Latitude
47.5859976

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
More about this property
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