Property Details
2452 Alki Avenue SW
Seattle, WA 98116
$4,496,000
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Alki
Listed
Jul 31, 2026
Structure Type
Multi Family
Parcel Number
6372000080
Tax & HOA
Annual Property Tax
$39,638 (2026)
Est. Monthly Tax
$3,303/mo
Financial Summary
Cap Rate
4.40%
Net Operating Income
$197,749
Gross Scheduled Income
$333,314
Gross Rent Multiplier
13.49
Total Expenses
$135,423
Building & Use
Building Sq Ft
13,052
Leasable Area
9,896 sqft
Total Units
12
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
9,692 sqft
Year Built
1928
Exterior & Lot
Lot Size
0.22 sqft
Year Built
1928
Exterior Materials
Brick
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Paved, Sidewalk
Exterior Features
Brick
Community & Access
Directions
Right on Alki Avenue SW on the east side, right across from the beach!
Location
City
Seattle
County
King
Coordinates
47.58125, -122.40459
Additional Information
Tax Year
2026
Annual Taxes
$39,638
Possession
Array
Based on information submitted to the MLS GRID as of August 6, 2026 8:30 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
