2440 Alki Avenue Sw, Seattle, WA 98116

Local realty services provided by:ERA Skyview Realty
Listed by: pat suarez, henry myers
Office: urban commercial partners, llc.
MLS#:2484395
Source:NWMLS
2440 Alki Avenue Sw,Seattle, WA 98116
$6,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$6,500,000

About this home

Rare opportunity to acquire the Alki Surf Apartments, a trophy waterfront asset in the heart of West Seattle's iconic Alki Beach - one of Seattle's most coveted waterfront corridors with unobstruted west facing views of Puget Sound. First time on the market since the asset was originally developed in 1984. 10 large residential units including (6) 2 bed/2 bath units and (4) 3 bed/2 bath units all with private west-facing balconies. This opportunity offers immediate upside with minimal capital investment. In place rents are approximately 20% below market with additional income growth available through the optimization of utility reimbursement and parking income. Recent Capital Improvements include: New Roof, New Windows, Exterior Paint, New Decks and New Gutters. Must see!

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Home facts

  • Year built:1984
  • Listing ID #:2484395
  • Updated:February 25, 2026 at 12:07 PM

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1984
  • Lot area:0.22 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$6,500,000
  • Tax amount:$45,450 (2025)
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