2440 Alki Avenue SW, Seattle, WA 98116 (MLS # 2484395)

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Listing provided courtesy of Northwest MLS; Urban Commercial Partners, LLC

PRICE $6,500,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 9,693 sqft
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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!

LAST UPDATED 2/24/2026 TRACT Alki
YEAR BUILT 1984 COMMUNITY Alki
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 140 - West Seattle
CONSTRUCTION Stucco
HEAT Baseboard, Electric
LOT 9692 sq ft
LOT DESCRIPTION Waterfront
MLS STATUS Active
STORIES 4
STYLE 56 - 10+ Units
SUBDIVISION Alki
TAXES 45450
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Sound
WATERFRONT Yes
WATERFRONT DESCRIPTION Waterfront

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/25/26 2:55 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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