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  • Listed by: Knipe Realty ERA Powered
    $1,395,000

    2434 55th Avenue SW, Seattle, WA 98116

    7beds
    3baths
    2,850sqft
    : 
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    Triplex
    Built in 1920
    -- sqft lot
    $1,352,800 Zestimate®
    $489/sqft
    $-- HOA

    What's special

    Expansive outdoor deckSpacious floor planDedicated private patios
    Classic West Seattle Charm, a rare Multi-Family Opportunity in Alki. Discover a perfect blend of vintage character and modern potential in the heart of Seattle’s iconic Alki district. Just blocks from the salty breeze and vibrant energy of Alki Beach, this 1920s residence offers a massive 2,850 square feet of living space, thoughtfully configured for maximum versatility. The property features a strategic layout designed for both privacy and community. The upstairs unit serves as the primary retreat, offering 3 bedrooms and 1 bath, highlighted by an expansive outdoor deck—perfect for soaking in the neighborhood's relaxed atmosphere or hosting summer gatherings after a day on the waterfront. Below, you will find two additional units, each featuring 2 bedrooms and 1 bath, with their own dedicated private patios. Whether you are looking to bolster your investment portfolio or create a unique multi-generational compound, this property stands as a canvas for your vision. The home retains the sturdy soul of its 1920 construction, featuring a spacious floor plan that is increasingly difficult to find in West Seattle’s competitive market. Situated on a 4,000 square foot lot, the location is unparalleled. Enjoy effortless access to the Alki Trail, local dining favorites, and the scenic Water Taxi for a quick, beautiful commute to Downtown Seattle. Embrace the quintessential Pacific Northwest lifestyle where historic charm meets the limitless potential of a premier community.
    61 days
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    552
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    24
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    Zillow last checked:

    Listing updated:

    Listed by:

    David Sobolik,

    Knipe Realty ERA Powered,

    Kamila Kennedy,

    Windermere West Metro

    Source: NWMLS as distributed by MLS GRID,MLS#: 2514034MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Flooring: Vinyl, Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 2,850
      • Total interior livable area: 2,850 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 3,998 Square Feet
      • Features: Deck, Patio
      Details
      • Parcel number: 9385200060
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Tri-plex
      • Property subtype: Triplex
      Materials
      • Wood Products
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Good
      • Year built: 1920
      • Major remodel year: 1986

      Utilities & green energy

      • Sewer: Sewer Connected
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Alki
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $489/sqft
      • Tax assessed value: $1,198,000
      • Annual tax amount: $11,087
      • Date on market: 5/1/2026
      • Cumulative days on market: 62 days
      • Listing terms: Conventional

        Estimated market value

        $1,352,800

        $1.29M - $1.42M

        $2,837/mo

        Price history

        DateEventPrice
        5/1/2026Listed for sale$1,395,000+46.8%$489/sqft
        Source: NWMLS as distributed by MLS GRID #2514034 Report a problem
        1/28/2008Sold$950,000+52%$333/sqft
        Source: NWMLS as distributed by MLS GRID #27213581 Report a problem
        9/10/2002Sold$625,000$219/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,662 +14.2%$1,198,000 +6.6%
        2024$11,087 -0.1%$1,124,000 -2.3%
        2023$11,101 +5.2%$1,150,000 -5.7%
        2022$10,555 +9.7%$1,220,000 +19.6%
        2021$9,620 -12.3%$1,020,000 -8.6%
        2020$10,965 +1.7%$1,116,000 +0.5%
        2019$10,780 +12.4%$1,110,000 +1.1%
        2018$9,592 -2%$1,098,000 +12.6%
        2017$9,786 +38.6%$975,000 +11.8%
        2016$7,058 $872,000 +6.5%
        2015$7,058 $819,000 +13.3%
        2014$7,058 $723,000 +16.4%
        2013$7,058 $621,000 +3.3%
        2012-- $601,000 -3.4%
        2011-- $622,000 -1.4%
        2010-- $631,000
        2009-- $631,000 -5.5%
        2007-- $668,000 +5.7%
        2006-- $632,000 +9.2%
        2005-- $579,000 +64.5%
        2001$4,106 +11.8%$352,000 +18.5%
        2000$3,671 $297,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Admiral

        Getting around

        62 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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