2452 Alki Avenue SW, Seattle, WA 98116

$4,496,000
13,052
SqFt

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Listing courtesy of John L. Scott, Inc..

List Price
$4,496,000
Status
ACTIVE
MLS#
2563184
Days on Market
0
Style
56 - 10+ Units
Building Condition
Very Good
Finished SqFt
13,052
Area Total SqFt
13052
Annual Tax Ammount
39638
Internet Provider
Xfinity
Lot Size (sq ft)
9,694
Sewer
Sewer Connected

Property Description

ALKI BEACH | Capturing the Pacific Northwest Lifestyle at Its Finest A rare opportunity to own one of Alki Beach's iconic historic brick apartment buildings, where timeless architecture meets one of Seattle's most sought-after waterfront locations. Built in 1928, this architectural gem showcases beautifully crafted masonry, rich period details, and exceptional craftsmanship that simply cannot be replicated today. It has stood as part of Alki's identity for nearly a century. Positioned directly across from Alki Beach, residents enjoy unobstructed views of Puget Sound, the Olympic Mountains, breathtaking sunsets, and the ever-changing beauty of the Pacific Northwest. Watch Washington State ferries cross Elliott Bay, sailboats glide along the shoreline, and commercial vessels navigate one of the world's most scenic waterways, all from home. Just outside the front door, experience the best of Alki's vibrant beach community. Walk to popular restaurants, cafés, and waterfront attractions, or enjoy miles of sandy shoreline. The 2.5-mile Alki Trail is perfect for walking, jogging, biking, rollerblading, or taking in spectacular evening sunsets. Spend summer evenings gathered around the beach fire pits, launch a paddleboard or kayak, or simply relax while enjoying the sights and sounds of Seattle's most beloved waterfront. This is more than an investment. It is an opportunity to own a landmark property in one of the city's most iconic and enduring neighborhoods.

Additional Information

List Date
2026-07-31 23:59:14
Community
Alki
Net Operating Income
$197,749
Gross Adjusted Income
$333,314
Gross Scheduled Income
$333,314
Total Monthly Income
$26,826
Insurance Expenses
$16,474
Water/Sewer/Garbage Expenses
$20,368
Gross Rent Multiplier
13.49
Total Expenses
$135,423
Cap Rate
4.4
Total Number of Units
12
Unit Name
2452
Potential Terms
Cash, Conventional
Year Built
1928
View
Mountains, Sound
Roof
Built-Up
Site Features
Cable TV
Other Expenses
58943
Energy Source
Electric
School District
Seattle
Total Monthly Income
$26,826
Gross Scheduled Income
$333,314
Gross Adjusted Income
$333,314
Tax Year
2026
Insurance Expense
$16,474
W/S/G Expenses
$20,368
Total Expenses
$135,423
Net Operating Income
$197,749
Gross Rent Multiplier
13.49
Cap Rate
4.4
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.
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