Rare opportunity to acquire the Alki Surf Apartments, a trophy waterfront asset in the heart of West Seattle's iconic Alki Beach - one of Seattle's most coveted waterfront corridors with unobstruted west facing views of Puget Sound. First time on the market since the asset was originally developed in 1984. 10 large residential units including (6) 2 bed/2 bath units and (4) 3 bed/2 bath units all with private west-facing balconies. This opportunity offers immediate upside with minimal capital investment. In place rents are approximately 20% below market with additional income growth available through the optimization of utility reimbursement and parking income. Recent Capital Improvements include: New Roof, New Windows, Exterior Paint, New Decks and New Gutters. Must see!
Sold
Listed by: Urban Commercial Partners, LLC
Bought with: ZNonMember-Office-MLS
$5,825,000
2440 Alki Avenue SW, Seattle, WA 98116
24beds
20baths
--sqft
Multi Family
Built in 1984
-- sqft lot
$5,811,400 Zestimate®
$--/sqft
$3,115 Estimated rent
Home value
$5,811,400
$5.40M - $6.28M
$3,115/mo
Zestimate® history
Owner options
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$28,607/mo
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$28,607/mo
Est. payment
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List your homeWhat's special
New windowsNew guttersNew decksExterior paintNew roofPrivate west-facing balconies
Zillow last checked:
Listing updated:
Listed by:
Patrick Suarez,
Urban Commercial Partners, LLC,
Henry Myers,
Urban Commercial Partners, LLC
Bought with:
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2484395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 20
Heating
- Baseboard, Electric
Cooling
- None
Features
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 16
- Carport spaces: 5
- Uncovered spaces: 11
Features
- Has view: Yes
- View description: Sound
- Has water view: Yes
- Water view: Sound
- Waterfront features: Sound
Lot
- Size: 9,692 sqft
Details
- Parcel number: 6372000090
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Very Good
- Year built: 1984
Utilities & green energy
- Sewer: Sewer Connected
Green energy
- Energy efficient items: Thermal Windows
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Alki
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 36 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Sold | $5,825,000-10.4% |
Source:  NWMLS as distributed by MLS GRID #2484395 Report a problem | ||
| 4/1/2026 | Pending sale | $6,500,000 |
Source: NWMLS as distributed by MLS GRID #2484395 Report a problem | ||
| 2/25/2026 | Listed for sale | $6,500,000 |
Source: NWMLS as distributed by MLS GRID #2484395 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/4/2020 | Listing removed | $4,490+24.7% |
Source: Owner Report a problem | ||
| 8/3/2020 | Price change | $3,600+53.2% |
Source: Owner Report a problem | ||
| 6/26/2020 | Price change | $2,350-6% |
Source: Owner Report a problem | ||
| 4/3/2020 | Listed for rent | $2,500 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Alki
Nearby schools
GreatSchools rating
- 8/10Alki Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 9/10Madison Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10West Seattle High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$5,811,400
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
$5,811,400
- Washington
- King County
- Seattle
- 98116
- Alki
- 2440 Alki Avenue SW
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