Listing provided courtesy of Coldwell Banker BainNWMLSas Distributed by MLSGrid- MLS# NWM2482218MLS Provider

1768 Alki Avenue SWSeattle, WA 98116

Multi-Family · 5 Beds · 2,100 Sq. ft. | 0.10 Acres
$1,300,000 Active

1768 Alki Avenue SW Overview

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Permitted 3-unit waterfront property on iconic Alki Ave SW with expansive Puget Sound, island, and partial Seattle skyline views. Situated along a premier stretch of shoreline between Alki Beach and the Seattle Water Taxi. Originally constructed as a single-family residence and legally converted by the City of Seattle in the 1970s. Unit mix includes 2BR/1BA, 2BR/1BA, and studio — all water-facing with western exposure. Gas heat, shared laundry, and rear yard. Zoned LR2(M). Buyer to verify all information.

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1768 Alki Avenue SW Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,100
  • Price/Sq.ft. $619
  • Lot 0.10 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: 1500
  • Electric Expense: 417
  • Fuel Expense: 646
  • Gross Scheduled Income: 39000
  • Insurance Expense: 1500
  • Net Operating Income: 24788
  • Total Expenses: 7625
  • Total Monthly Income: 6500
  • Water/Sewer/Garbage: 3562

Building Information

  • New Construction: No
  • Year Built: 1945

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 140 - West Seattle
  • Subdivision Name: Alki

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry, Rehab Loan, VA Loan
  • Parcel Number: 0139000185
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2100
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2100
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2100
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Geothermal
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1019
  • Lot Size Square Feet: 4440
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • Waterfront Features: Low Bank
  • Waterfront: Yes

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Triplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Metal/Vinyl, Wood Products
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 1800
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2100
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 2600
  • Beds Total: 2
  • Baths Total: 1

1768 Alki 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
Community data courtesy of LiveBy, Inc.

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.

1768 Alki Avenue SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1768 Alki 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
Calculations provided by Reliance Network

1768 Alki Avenue SW History

Date Event Value Agent
4/30/2026Source: NWMLS Price Reduction
$1,300,000 -10.3%
2/22/2026Source: NWMLS Added to Database
February 22, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021