
Seattle, WA 98116
ALKI BEACH | Capturing the Pacific Northwest Lifestyle at Its Finest A rare opportunity to own one of Alki Beach's iconic historic brick apartment buildings, where timeless architecture meets one of Seattle's most sought-after waterfront locations. Built in 1928, this architectural gem showcases beautifully crafted masonry, rich period details, and exceptional craftsmanship that simply cannot be replicated today. It has stood as part of Alki's identity for nearly a century. Positioned directly across from Alki Beach, residents enjoy unobstructed views of Puget Sound, the Olympic Mountains, breathtaking sunsets, and the ever-changing beauty of the Pacific Northwest. Watch Washington State ferries cross Elliott Bay, sailboats glide along the shoreline, and commercial vessels navigate one of the world's most scenic waterways, all from home. Just outside the front door, experience the best of Alki's vibrant beach community. Walk to popular restaurants, cafés, and waterfront attractions, or enjoy miles of sandy shoreline. The 2.5-mile Alki Trail is perfect for walking, jogging, biking, rollerblading, or taking in spectacular evening sunsets. Spend summer evenings gathered around the beach fire pits, launch a paddleboard or kayak, or simply relax while enjoying the sights and sounds of Seattle's most beloved waterfront. This is more than an investment. It is an opportunity to own a landmark property in one of the city's most iconic and enduring neighborhoods.
Property is moderate renovation needed.
Built in 1928, this historic structure is well-maintained externally but shows clear signs of being dated. Interior photos reveal older patterned carpeting, worn wood finishes on railings, and surface-mounted electrical conduits, indicating that while functional and move-in ready for tenants, the systems and interiors are likely over 20 years old and require modern updates.
Situated directly across from Alki Beach, the property offers unobstructed, iconic views of Puget Sound and the Olympic Mountains in one of Seattle's most coveted and walkable neighborhoods.
This 1928 brick apartment building features timeless masonry and period details that provide a unique competitive advantage and aesthetic appeal that modern constructions cannot replicate.
Located steps from the Alki Trail, popular dining, and recreation, the property is perfectly positioned to attract premium tenants seeking a quintessential Pacific Northwest beach lifestyle.
Built in 1928, the property likely requires significant ongoing maintenance and potential capital expenditures for aging systems compared to modern multi-family assets.
With over 80 days on the market and a recent price reduction, the property may be facing challenges regarding its initial valuation or the niche pool of buyers for historic income properties.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 13,052 | 5,554.5 |
| Lot Size | 9,694 | 10,915.5 |
| Price | $4.30M | $2.88M |
| Price per sq ft | $329 | $491 |
| Built year | 1928 | 1961 |
| HOA | $0 | $0 |
| Days on market | 85 | 124 |
Oct 21, 2026
$4,296,000
$4,496,000
-4% Price Drop
Initial Listing
Jul 31, 2026
$4,496,000
Initial Listing