2440 Alki Avenue SW Seattle WA 98116 MLS #NWM2484395
2440 Alki Avenue SW
Seattle, WA, 98116
$6,500,000
Listing Provided Courtesy of Urban Commercial Partners, LLCRare 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!
Current real estate data for Multi Family in Seattle as of Feb 26, 2026
150
Multi Family Listed
103
Avg DOM
445
Avg $ / SqFt
$2,210,379
Avg List Price
Property Details
Price:
$6,500,000
MLS #:
NWM2484395
Status:
Active
Beds:
24
Baths:
20
Type:
Multi Family
Subdivision:
Alki
Neighborhood:
140westseattle
Listed Date:
Feb 25, 2026
Lot Size:
9,694 sqft / 0.22 acres (approx)
Year Built:
1984
Units:
10
Schools
School District:
Seattle
Interior
Cooling
None
Heating
Baseboard
Exterior
Construction Materials
Stucco
Exterior Features
Stucco
Roof
Composition
Financial
Tax Year
2025
Taxes
$45,450
Map
Contact Us
Mortgage Calculator
Community
- Address2440 Alki Avenue SW Seattle WA
- SubdivisionAlki
- CitySeattle
- CountyKing
- Zip Code98116
Property Summary
- Located in the Alki subdivision, 2440 Alki Avenue SW Seattle WA is a Multi Family for sale in Seattle, WA, 98116. It is listed for $6,500,000 To schedule a showing of MLS#nwm2484395 at 2440 Alki Avenue SW in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.
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Courtesy of Urban Commercial Partners, LLC. Disclaimer: Based on information submitted to the MLS GRID as of Feb-25-2026 11:03:22 pm. 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.Copyright 2026. All rights reserved.
2440 Alki Avenue SW
Seattle, WA