Rockhood
$2,975,000List price
Active

1788 Alki Avenue SW · Seattle, WA 98116

Source: NWMLS · Kidder Mathews · Max Frame #NWM2493770

About this home

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.

Location

Basics

Property type
Multi Family
Style
5-9 Units
Stories
3 stories
Condition
Very Good
Year built
1937
Building area
7,200 sq ft
Lot size
12,000 sq ft (0.28 acres)
County
King
MLS #
NWM2493770

Interior

Heating
Forced Air
Cooling
None
Flooring
Laminate, Vinyl Plank, Carpet

Exterior & lot

Exterior features
Wood
Roof
Composition, Flat
Foundation
Poured Concrete
View
City, Mountains, Ocean, Sound, Territorial
Waterfront
No

Parking

Parking spaces
10

Utilities

Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Alki
Property tax
$25,643 (2026)

Transaction

Original list price
$3,250,000 (8.5% price cut)
Listed on
Mar 17, 2026
Days on market
187
Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2016-10-18
Sold$1,950,000

Schools

School district: Seattle

High
West Seattle High School
SchoolDigger 4 stars · Top 11% in WA

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Listing provided courtesy of: Kidder Mathews

Listing agent: Max Frame.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-17.