1768 Alki Avenue SW Seattle, WA $ 1,295,000
1768 Alki Avenue SW
$ 1,295,000
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1768 Alki Avenue SW

Seattle, WA, 98116
$ 1,295,000
Bedrooms4 Baths3.0 Sq 2,100

Monthly Estimate*

$ 8,177

Listed by Coldwell Banker Bain
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Multi-Family Home for sale in Seattle, WA

for $1,295,000 with 4 bedrooms and 3 full baths. This 2,100 square foot home was built in 1945 on a lot size of 0.1019.

WELCOME TO VILLA ICON— A RARE, FRESHLY REMODELED ALKI WATERFRONT TRIPLEX. LIVE, WORK, INVEST OR DEVELOP. Directly across from the water on iconic Alki Avenue, this exceptional property offers three distinct residences—a studio, 1-bedroom and 2-bedroom—blending immediate income with remarkable flexibility and future potential. Two residences are currently leased, while the studio is ready to live in, welcome guests, create a private office or flex space, or generate additional rental income. Wake to sweeping Puget Sound and Olympic Mountain views, watch ferries and boats glide by, stroll the beach and waterfront path, and end the day with unforgettable Alki sunsets. Restaurants, cafés and recreation are just outside your door, with downtown Seattle minutes away. Hold as an income-producing asset, create your own Alki home base, or explore future development potential. THREE RESIDENCES. ONE ICONIC WATERFRONT ADDRESS. ENDLESS POSSIBILITIES. Buyer to verify development feasibility and intended use.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 14,953

Style

Tri-plex

Lot Size

0.1019

Year Built

1945

Town/City

Seattle

County/Region

King

MLS | Web ID

2578876

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling Forced Air
Possession Closing
Roof Built-Up
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1945
View City Islands Mountains Ocean Sound Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 45047
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Alki
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From West Seattle Bridge take Harbor Ave SW toward Alki. Continue onto Alki Ave SW. Property is located at 1768 Alki Ave SW directly across from the waterfront.
High School Buyer To Verify
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 3
MLS Area 140 - West Seattle
Lot Size Units Square Feet
Lot Size Square Feet 4440
Carport Spaces 3
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry
Elementary School Buyer To Verify
Tax Annual Amount 14953
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Updated/Remodeled
Public Remarks WELCOME TO VILLA ICON A RARE FRESHLY REMODELED ALKI WATERFRONT TRIPLEX. LIVE WORK INVEST OR DEVELOP. Directly across from the water on iconic Alki Avenue this exceptional property offers three distin
Leasable Area 2500
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Amenities Fire Sprinklers Storage
Water Company Public
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 3.48
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Exterior
Exterior Amenities Metal/Vinyl
Lot Features Paved Secluded Sidewalk Value In Land
Water Source Community
Total Parking 3
Foundation Details Concrete Ribbon
Building Area Total 2100
Lot Size Acres 0.1019
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Dog Run Fenced-Partially Gas Available High Speed Internet Patio
Parking Uncovered Total 3
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Interior
Flooring Ceramic Tile Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 4
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2578876
Street Number 1 1768
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* Excluded Features
List By
Natalie Sutey

Listing Agent

Coldwell Banker Bain

Broker

natalie.sutey@cbrealty.com

Email

Affordability Calculator

$9,423
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,177
Monthly Property Taxes
$1,246
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100738 Elementary School
3100363 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2026$1,295,000 Listed Price

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1768 Alki Avenue SW, Seattle, WA, 98116 is a Multi-Family Home for sale at $1,295,000 with 2,100 sqft and a lot size of 0.1019. 1768 Alki Avenue SW has 4 bedrooms, 3.0 baths, and was built in 1945. The property's zip code is 98116 which is in Seattle, WA