$1,295,000

4 Beds 3 Baths 2,100 SQFT 0.10 Acres

Type: Multi-Family

1768 Alki Avenue SW
Seattle, WA 98116

MLS#: 2578876

Presented by: Coldwell Banker Bain; Natalie Sutey; 509-679-1371; natalie.sutey@cbrealty.com

Property Description

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.

Interior Features

Bedrooms

Bedrooms Possible4

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes

Fireplace Y/NNo

FlooringCeramic Tile, Vinyl Plank, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

AmenitiesFire Sprinklers, Storage

Building Area Units0 sqft

Cap Rate3.48

Carport Spaces3

Carport Y/NNo

CitySeattle

CoolingForced Air

CountyKing

DirectionsFrom 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.

Electric Expense0

Elementary SchoolBuyer To Verify

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingBaseboard, Forced Air

High SchoolBuyer To Verify

High School DistrictSeattle

Insurance Expense0

Leasable Area2,500 sqft

Listing TermsCash, Conventional, Owner Will Carry

Living Area0 sqft

Lot Size Square Feet4,440 sqft

Lot Size UnitsSquare Feet

MLS Area140 - West Seattle

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

Net Operating Income45047

New ConstructionNo

Number Of Units Total3

PossessionClosing

Possible UseMulti-Family

Property ConditionUpdated/Remodeled

Property Style53 - Tri-plex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksWELCOME 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

RoofBuilt-Up

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeTriplex

Subdivision NameAlki

Tax Annual Amount$14,953

Tax Year2025

Units Below Gradefalse

Units In Building Total3

ViewCity, Islands, Mountains, Ocean, Sound, Territorial

Water CompanyPublic

Water Sewer Garbage0

Year Built1945

Zoning DescriptionMulti-Family

Exterior

Building Area Total2,100 sqft

Covered Spaces0

Exterior AmenitiesMetal/Vinyl

Foundation DetailsConcrete Ribbon

Irrigation Water Rights Y/NNo

Lot FeaturesPaved, Secluded, Sidewalk, Value In Land

Lot Size Acres0.1019

Parking Uncovered Total3

Site FeaturesCable TV, Deck, Dog Run, Fenced-Partially, Gas Available, High Speed Internet, Patio

Total Parking3

Water SourceCommunity

Waterfront Y/NNo

Additional Details

Price History

Schools

High School Buyer To Verify High School

Middle School Buyer To Verify Middle School

Elementary School Buyer To Verify Elementary School

Similar Properties

$1,295,000

4 Beds 3 Baths 2,100 SQFT 0.10 Acres

Type: Multi-Family

1768 Alki Avenue SW
Seattle, WA 98116

MLS#: 2578876

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Property

$1,295,000

1768 Alki Avenue SW
Seattle, WA 98116

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,295,000

1768 Alki Avenue SW
Seattle, WA 98116

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Property

$1,295,000

1768 Alki Avenue SWSeattle, WA 98116

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,295,000

1768 Alki Avenue SWSeattle, WA 98116

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1768 Alki Avenue SW
Seattle, WA 98116

1768 Alki Avenue SW
Seattle, WA 98116