2440 Alki Avenue SW

Seattle, WA 98116

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1984

  • Status: Active

$6,500,000

X

2440 Alki Avenue SW

Seattle 98116

$6500000

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1984

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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!

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Residence Information

  • 0

  • Composition

  • 56 - 10+ Units

  • 1984

  • Elevator, Thermal Win

Features and Utilities

  • Stucco

  • Sewer Connected

  • 0

Financial

  • 45450

  • Cash, Conventional

  • 02-24-2026

Comparable Information

  • 1

  • 1

  • Cash, Conventional

  • $6,500,000

  • $6,500,000

  • Feb 25, 2026 05:07

Schools

Map

Listing courtesy of Urban Commercial Partners, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Feb 25, 2026 04:29 | Listing last modified Feb 25, 2026 05:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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