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  • Listed by: Knipe Realty ERA Powered • David Sobolik
    Bought with: Windermere West Metro
    $1,325,000

    2434 55th Avenue SW, Seattle, WA 98116

    7beds
    3baths
    2,850sqft
    Triplex, Multi Family
    Built in 1920
    -- sqft lot
    $1,331,300 Zestimate®
    $465/sqft
    $3,223 Estimated rent

    Home value

    $1,331,300

    $1.26M - $1.40M

    $3,223/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Sobolik,

    Knipe Realty ERA Powered,

    Kamila Kennedy,

    Windermere West Metro

    Bought with:

    Kamila Kennedy, 135664

    Windermere West Metro

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

    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, Multi Family
    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: $465/sqft
    • Tax assessed value: $1,198,000
    • Annual tax amount: $11,087
    • Date on market: 5/29/2026
    • Cumulative days on market: 82 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    8/18/2026Sold$1,325,000-5%$465/sqft
    Source: NWMLS as distributed by MLS GRID #2514034 Report a problem
    7/21/2026Pending sale$1,395,000$489/sqft
    Source: NWMLS as distributed by MLS GRID #2514034 Report a problem
    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

    Neighborhood: Admiral

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,331,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,331,300