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  • Listed by: KW Lake Washington So
    Bought with: Dulay Homes LLC
    $1,575,000

    1588 Alki Avenue SW, Seattle, WA 98116

    4beds
    2baths
    2,090sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $1,584,300 Zestimate®
    $754/sqft
    $4,663 Estimated rent

    Home value

    $1,584,300

    $1.51M - $1.66M

    $4,663/mo

    Zestimate® history
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    What's special

    This stunning duplex, located steps away from the world-renowned Alki Beach, offers an unmatched combination of breathtaking views, prime location, and exceptional investment potential. Whether you're looking for a vacation rental, long-term tenants, or the perfect live-in investment, this property checks all the boxes. With two spacious units, each featuring expansive living areas and large windows that flood the space with natural light, this duplex allows for maximum rental income or the ideal setup for multi-generational living. Don't miss your chance to own a slice of paradise!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Hinds,

    KW Lake Washington So

    Bought with:

    Rupinder Dulay, 25946

    Dulay Homes LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2434316MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • None
    Features
    • Flooring: Hardwood, Vinyl Plank
    • Has fireplace: No
    Interior area
    • Total structure area: 2,090
    • Total interior livable area: 2,090 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, Open
    • Garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Has view: Yes
    • View description: Sound
    • Has water view: Yes
    • Water view: Sound
    • Waterfront features: Sea
    Lot
    • Size: 4,024 sqft
    • Features: Curbs, Paved, Sidewalk, Deck, High Speed Internet, Patio
    Details
    • Parcel number: 0139000045
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Cement/Concrete, Wood Products
    • Foundation: Slab
    • Roof: Flat,Torch Down
    Condition
    • Good
    • Year built: 1957

    Utilities & green energy

    • Electric: Company: City of Seattle
    • Sewer: Sewer Connected, Company: City of Seattle
    • Water: Community, Public, Company: City of Seattle

    Community & neighborhood

    Location
    • Region: Seattle
    • Subdivision: Alki

    Other

    Other facts
    • Listing terms: Conventional,FHA,VA Loan
    • Cumulative days on market: 235 days

    Price history

    DateEventPrice
    3/30/2026Listing removed$5,000$2/sqft
    Source: Zillow Rentals Report a problem
    3/1/2026Listed for rent$5,000+61.3%$2/sqft
    Source: Zillow Rentals Report a problem
    1/15/2026Sold$1,575,000-4.5%$754/sqft
    Source: NWMLS as distributed by MLS GRID #2434316 Report a problem
    11/10/2025Pending sale$1,650,000+32%$789/sqft
    Source: NWMLS as distributed by MLS GRID #2434316 Report a problem
    6/10/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/11/2021Price change$3,100-3.1%$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/6/2021Listed for rent$3,200$2/sqft
    Source: Zillow Rental Manager Report a problem
    3/1/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/19/2021Listed for rent$3,200$2/sqft
    Source: Zillow Rental Manager Report a problem
    11/5/2020Sold$1,250,000-3.8%$598/sqft
    Source: NWMLS as distributed by MLS GRID #1680515 Report a problem
    10/27/2020Pending sale$1,299,950$622/sqft
    Source: Chaffee Real Estate #1680515 Report a problem
    10/23/2020Listed for sale$1,299,950+57.6%$622/sqft
    Source: Chaffee Real Estate #1680515 Report a problem
    12/19/2016Sold$825,000$395/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,654 +15.2%$1,517,000 +7.3%
    2024$13,592 +9.9%$1,414,000 +8.3%
    2023$12,366 +13.9%$1,306,000 +2.5%
    2022$10,855 +0.1%$1,274,000 +8.5%
    2021$10,849 +34.4%$1,174,000 +43.7%
    2020$8,070 +1.2%$817,000
    2019$7,972 +11.4%$817,000 +0.1%
    2018$7,159 -4%$816,000 +10.1%
    2017$7,454 +27.7%$741,000 +4.8%
    2016$5,835 $707,000 +6.3%
    2015$5,835 $665,000 +10.8%
    2014$5,835 $600,000 +14.7%
    2013$5,835 $523,000 +3.4%
    2012-- $506,000 -3.4%
    2011-- $524,000 -6.6%
    2010-- $561,000
    2009-- $561,000 +4.5%
    2007-- $537,000 +5.5%
    2006-- $509,000 -1.2%
    2005-- $515,000 +46.7%
    2001$4,123 +12%$351,000 +18.6%
    2000$3,680 $296,000

    Find assessor info on the county website

    Neighborhood: Alki

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Alki

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,584,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,584,300