1768 Alki Avenue SW, Seattle, WA 98116
- $1,300,000
- 2,100
- SqFt
Listing courtesy of Coldwell Banker Bain.
- List Price
- $1,300,000
- Status
- ACTIVE
- MLS#
- 2482218
- Price Change
- ▼ $150,000 1777595609
- Days on Market
- 154
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,100
- Area Total SqFt
- 2100
- Lot Size (sq ft)
- 4,440
- Sewer
- Sewer Connected
Property Description
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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Additional Information
- List Date
- 2026-02-22 18:28:12
- Community
- Alki
- Net Operating Income
- $24,788
- Gross Adjusted Income
- $39,000
- Gross Scheduled Income
- $39,000
- Total Monthly Income
- $6,500
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $3,562
- Gross Rent Multiplier
- 15
- Total Expenses
- $7,625
- Cap Rate
- 4.17
- Total Number of Units
- 3
- Unit Name
- 1768
- Potential Terms
- Cash, Conventional, Owner Will Carry, Rehab Loan, VA Loan
- Year Built
- 1945
- Waterfront
- Yes
- View
- Bay, City, Ocean, Sound
- Roof
- Flat
- Electric Expenses
- 417
- Other Expenses
- 1500
- Energy Source
- Geothermal
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,500
- Gross Scheduled Income
- $39,000
- Gross Adjusted Income
- $39,000
- Tax Year
- 2025
- Insurance Expense
- $1,500
- W/S/G Expenses
- $3,562
- Total Expenses
- $7,625
- Net Operating Income
- $24,788
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.17
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 is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.