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    Waterfront 6-Unit Multifamily Asset Title is generated by Realmo AI

    1788 Alki Avenue SW, Seattle, WA 98116

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    For Sale
    $2,975,000

    Two-building waterfront income property with renovated units, in-unit laundry, and off-street parking on an LR2(M) zoned lot.

    Type:Multi-Family
    Property size:
    7,200 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $413/SF
    Added:
    Mar 17, 2026
    Days on Market:
    111
    Last Refresh:
    Jul 1 at 3:25 am

    Property Features for 1788 Alki Avenue SW

    General Information

    Standard status
    Active
    Size
    7,200 SF
    Lot size
    0.28 Acres
    Property subtype
    Multi-Family

    Building Details

    Year Built
    1937

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    Brittany Westhora

    Listing office Kidder Mathews

    Listing date Mar 17, 2026

    Source Premierepropertygroup

    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

    • Two‑building waterfront multifamily on Alki Ave SW with water views and Olympic Mountain views
    • 6‑unit property with 3 total stories and 7,200 SF total building area
    • Renovated unit mix with spacious units averaging approximately 1,200 SF and in‑unit laundry
    • Electric heat and laminate, vinyl plank, and carpet flooring
    • Off‑street parking for 10 uncovered spaces across the two buildings
    • 0.2755‑acre lot (12,000 SF) with LR2(M) zoning; foundation is poured concrete; year built 1937

    Overview

    This 6-unit multifamily property is arranged in two buildings and positioned to take advantage of waterfront scenery. The current unit mix includes spacious renovated units averaging approximately 1,200 SF, with in-unit laundry. The property also benefits from off-street parking for approximately 8-10 cars, supporting day-to-day tenant convenience and access.

    The asset sits on Alki Avenue SW on a 12,000 SF lot zoned LR2(M). It offers unobstructed Puget Sound and Olympic Mountain views and is described as being just steps from Alki Beach and the Alki Trail, along with dining and neighborhood amenities in the surrounding area.

    For buyers seeking a maintained, income-producing waterfront property with parking and in-unit laundry, the current configuration may fit a range of operational plans. The zoning and land footprint may also support future redevelopment optionality, subject to buyer verification and all applicable approvals. Buyer to verify all information to their satisfaction.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    HVAC Service (Bike/Boat/Book/etc) Store Auto Repair Shop Wine and Liquor Store Shopping Center & Mall Storage Facility Grocery & Convenience Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Veterinary Clinic

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

    Location Insight

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

    FAQs

    What type of property is this?
    Apartment building - Two-building waterfront income property with renovated units, in-unit laundry, and off-street parking on an LR2(M) zoned lot.
    Where is this apartment building located?
    The property is located at 1788 Alki Avenue SW Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,975,000.
    What are key features of this property?
    This property features: Two‑building waterfront multifamily on Alki Ave SW with water views and Olympic Mountain views; 6‑unit property with 3 total stories and 7,200 SF total building area; Renovated unit mix with spacious units averaging approximately 1,200 SF and in‑unit laundry
    More about this property
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