Listing provided courtesy of Knipe Realty ERA PoweredNWMLSas Distributed by MLSGrid- MLS# NWM2514034
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2434 55th Avenue SWSeattle, WA 98116
Multi-Family · 7 Beds · 2,850 Sq. ft. | 0.09 Acres$1,395,000
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2434 55th Avenue SW Overview
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Classic West Seattle Charm, a rare Multi-Family Opportunity in Alki. Discover a perfect blend of vintage character and modern potential in the heart of Seattle’s iconic Alki district. Just blocks from the salty breeze and vibrant energy of Alki Beach, this 1920s residence offers a massive 2,850 square feet of living space, thoughtfully configured for maximum versatility. The property features a strategic layout designed for both privacy and community. The upstairs unit serves as the primary retreat, offering 3 bedrooms and 1 bath, highlighted by an expansive outdoor deck—perfect for soaking in the neighborhood's relaxed atmosphere or hosting summer gatherings after a day on the waterfront. Below, you will find two additional units, each featuring 2 bedrooms and 1 bath, with their own dedicated private patios. Whether you are looking to bolster your investment portfolio or create a unique multi-generational compound, this property stands as a canvas for your vision. The home retains the sturdy soul of its 1920 construction, featuring a spacious floor plan that is increasingly difficult to find in West Seattle’s competitive market. Situated on a 4,000 square foot lot, the location is unparalleled. Enjoy effortless access to the Alki Trail, local dining favorites, and the scenic Water Taxi for a quick, beautiful commute to Downtown Seattle. Embrace the quintessential Pacific Northwest lifestyle where historic charm meets the limitless potential of a premier community.
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2434 55th Avenue SW Facts & Features
- Type Multi-Family
- Sq. ft. 2,850
- Price/Sq.ft. $489
- Lot 0.09 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 65460
- Insurance Expense: 2400
- Net Operating Income: 51973
- Total Expenses: 13487
- Total Monthly Income: 5455
- Water/Sewer/Garbage: 0
Building Information
- Building Name: Wickstroms Tract Unrec Pl
- New Construction: No
- Year Built: 1920
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 140 - West Seattle
- Subdivision Name: Alki
Tax Information
- Tax Annual Amount: $11,087.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 9385200060
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 2
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 2850
- Building Area Units: Square Feet
- Calculated Square Footage: 2850
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Foundation Details: Slab
- Heating: Yes
- Leasable Area: 2850
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 2
- Parking Uncovered Total: 2
Lot Information
- Irrigation Water Rights: No
- Lot Size Square Feet: 4000
- Lot Size Units: Square Feet
- Site Features: Deck, Patio
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Triplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood Products
- Number Of Units Total: 3
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1550
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1875
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 2030
- Beds Total: 3
- Baths Total: 1
2434 55th Avenue SW Neighborhood
Community
98116 (Seattle) Demographics
40
Median Age
7,795
Population Density (per sq. mile)
74%
College Educated
$121,967
Estimated Median Income
7,483
Estimated Total Home Owners
5,637
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2434 55th Avenue SW Monthly Cost
2434 55th Avenue SW Market Data
Based on the last 30 days in this zip code
$1,170,540
Average List Price
$672
Average Price per Square Foot
39
Properties Sold
56
Average Days on Market
109
Properties for Sale
2434 55th Avenue SW History
| Date | Value | Agent |
|---|---|---|
| 5/1/2026Source: NWMLS | May 01, 2026 |