$2,975,000
Est. $14,934/mo1788 Alki Avenue Sw, Seattle, WA 98116
• Listed 2026-03-17•21 days on market
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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.
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1788 Alki Avenue Sw, Seattle, WA 98116
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Based on information submitted to the MLS GRID as of June 17, 2026 at 12:28pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Listed by Max Frame • Kidder Mathews
Listing updated: June 17, 2026 at 12:28pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2493770
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Open Fri, Jul 10 +3School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
$1,600,000 Sold
4 weeks ago
3 bd•1 ba•~1,460 sq ft•Single Family
1324 Alki Avenue Sw, Seattle, WA 98116
20%
Under list
—
Days on market
0.5 mi
Distance
$755,000 Sold
7 weeks ago
2 bd•1 ba•~1,470 sq ft•Single Family
2159 52nd Avenue Sw, Seattle, WA 98116
0%
Over list
—
Days on market
0.2 mi
Distance
$1,350,000 Sold
2 months ago
4 bd•1 ba•~2,250 sq ft•Single Family
4200 Sw Atlantic Street, Seattle, WA 98116
0%
Over list
—
Days on market
0.6 mi
Distance
$1,070,000 Sold
3 months ago
4 bd•2 ba•~1,634 sq ft•Single Family
3911 Sw Forest Street, Seattle, WA 98116
9%
Over list
—
Days on market
0.9 mi
Distance
$1,399,000 Sold
3 months ago
4 bd•2.5 ba•~2,420 sq ft•Single Family
3218 47th Avenue Sw, Seattle, WA 98116
0%
Over list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS