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Waterfront Apartment Building

2222 Alki Ave SW, Seattle, WA 98116

For Sale
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Most of the 38 residences have private balconies, with unobstructed water views across the property.

Property Size30,892 SF
Days on Market16

Property Features for 2222 Alki Ave SW

General Information

Standard status Active
Size 30,892 SF
Property subtype Multifamily

Site & Location

Neighborhood North Admiral

Additional Details

Multifamily Units 38

Amenities

water views
private balconies

Building Details

Building Size 30,892 SF
Year Built 1958
Listed By: Dea Sumantri
Source: Lee-associates
Added: Oct 30 Changed: Nov 12 Last Checked: Nov 12 at 5:17AM

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 Dea Sumantri

Rey
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Investment Insights

Based on property information with market context.

This 38-unit apartment property was built in 1958 and sits along Alki Avenue in Seattle. Unobstructed water views are a defining feature, and most units have private balconies.

The building occupies a waterfront site at 2222 Alki Ave SW, Seattle, WA 98116.

Key Highlights

  • 38‑unit multifamily property
  • Waterfront location along Alki Avenue in Seattle
  • Unobstructed water views

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

38
Residential units

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby

Demographics for 98116, WA

27,691
Population
14,652
Households
1.9
Avg Household Size
41
Median Age
69%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,230
Density / Sq Mi
$130,504
Median Household Income
$86,680
Median Earnings
$2,033
Median Rent
$917,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Seattle, WA

$411 Jul
$412 Aug
$378 Sep
$376 Oct

Properties on Market for Apartment buildings in Seattle

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Most of the 38 residences have private balconies, with unobstructed water views across the property.
Where is this apartment building located?
The property is located at 2222 Alki Ave SW Seattle, WA.
What are key features of this property?
This property features: 38‑unit multifamily property; Waterfront location along Alki Avenue in Seattle; Unobstructed water views
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