Alki Apartments 4-Unit

2630 58th Avenue Southwest, Seattle, WA 98116

  • For Sale $1,350,000
  • Property Type Multi-Family
  • Property Size 2,580 SF
  • Units 4
  • Lot Size 0.08 Acre
  • Year Built 1940
  • Year Renovated 1984
  • Date Updated May 9, 2025
.Premier 4-unit multifamily asset strategically located one block from Alki Beach and 15 minutes from Downtown Seattle, offering unmatched coastal allure and urban connectivity. Significant value-add potential through calculated renovations could yield $346+ per unit in monthly rental income, increasing cash-flow and market value. Positioned in a high-demand, low-inventory waterfront market, the area has seen long-term tenant stability and value appreciation over recent decades. An elegant owner-suite style apartment with 2 beds, vaulted ceilings, gas fireplace, and oversized windows is fitting for owner-occupiers seeking a vibrant lifestyle with beachside dining and recreation at their doorstep.
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Highlights

  • Continuous market appreciation due to limited suppy
  • Exceptional Alki Beach location
  • Flexible unit mix with spacious owner's suite
  • Private deck and backyard + laundry onsite
  • Stable tenant demand with $133,916 area median income
  • Value-add opportunity yielding $346/mo per unit upside in base rent

Contacts

broker
Ted Wood

Capstone Commercial

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable

  • Transit Score ®

    35/100 Some Transit

  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Seattle, WA
  • Neighborhood Alki
  • Zip Code 98116
  • Market Seattle

Points of Interest

  • Seattle

    3.46 miles

  • Occidental Mall

    3.64 miles

  • Stadium

    3.76 miles

  • Seattle King Street

    3.79 miles

  • Pioneer Square Station

    3.80 miles

  • 3rd Avenue & Pine Street

    3.82 miles

  • Pioneer Square

    3.82 miles

  • International District/Chinatown

    3.85 miles

  • 5th Avenue & King

    3.85 miles

  • 5th Avenue & Jackson

    3.87 miles

  • Chevron

    0.90 miles

  • Safeway

    0.99 miles

  • 7-Eleven

    1.12 miles

  • Shell

    1.73 miles

  • 76

    3.07 miles

  • ChargePoint

    3.43 miles

  • Charge Seattle

    3.66 miles

  • Volta

    3.77 miles

  • Electrify America

    3.81 miles

  • Blink

    4.12 miles

  • Safeway Parking

    0.93 miles

  • Belvedere Park Parking

    1.36 miles

  • Diamond Parking

    1.54 miles

  • Diamond

    1.65 miles

  • GarageHop

    1.79 miles

  • CGX Parking

    3.23 miles

  • North Parking Lot

    3.26 miles

  • Starbucks Center employee parking

    3.28 miles

  • Visitor Parking

    3.30 miles

  • Starbucks Center Parking

    3.32 miles

  • The Grove

    1.86 miles

  • The Edgewater Hotel

    3.38 miles

  • Seattle Marriott Waterfront

    3.49 miles

  • Silver Cloud Hotel

    3.49 miles

  • Homewood Suites by Hilton Seattle Downtown

    3.53 miles

  • citizenM Seattle Pioneer Square

    3.61 miles

  • Best Western Pioneer Square Hotel

    3.62 miles

  • Pensione Nichols B&B

    3.65 miles

  • Four Seasons Seattle

    3.65 miles

  • Inn at the Market Building

    3.65 miles

  • Future Primitive Brewing Co.

    0.05 miles

  • Duke's

    0.06 miles

  • Pepperdock

    0.06 miles

  • Christo's on Alki

    0.07 miles

  • El Chupacabra

    0.07 miles

  • Blue Moon Burgers

    0.07 miles

  • Spud Fish and Chips

    0.14 miles

  • Harry’s Beach House

    0.15 miles

  • Gyros on Alki

    0.20 miles

  • Alki Cafe

    0.22 miles

  • Alki Elementary School

    0.19 miles

  • Schmitz Park Elementary School

    0.65 miles

  • Lafayette Elementary School

    0.82 miles

  • Madison Middle School

    0.85 miles

  • West Seattle High School

    1.03 miles

  • Genesee Hill Elementary School

    1.09 miles

  • Tilden School

    1.29 miles

  • Westside School

    1.30 miles

  • Holy Rosary School

    1.40 miles

  • Holy Rosary Lanigan Gym

    1.41 miles

  • Seattle Early Learning Center

    0.09 miles

  • Bright Horizons

    1.74 miles

  • Child Care Center

    3.39 miles

  • Jose Marti Child Development Center

    3.86 miles

  • Seattle Infant Development Center

    3.95 miles

  • KinderCare

    4.08 miles

  • Denise Louie Education Center

    4.09 miles

  • Magnolia Cooperative Preschool

    4.11 miles

  • Kaleidoscope School

    4.11 miles

  • Magnolia Whizz Kids Academy Preschool

    4.18 miles

Frequently Asked Questions

How much does Alki Apartments 4-Unit cost?

The space currently listed for sale at Alki Apartments 4-Unit asks for $1,350,000.

What is the total square footage of Alki Apartments 4-Unit?

Alki Apartments 4-Unit totals 2,580 square feet.

When was this property built?

Alki Apartments 4-Unit was built in 1940.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Ted Wood

Capstone Commercial

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