New Listing
$1,900,000
 $10,200 est/mo Sourced by Back At You

2352 Alki Avenue,Seattle, WA 98116

Seattle, WA 98116

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Description

The Tides Apartments is an eight-unit apartment building ideally situated directly along Alki Avenue SW on one of Seattle's most iconic stretches of waterfront. Offered for the first time since 1954, this is a rare opportunity to acquire a piece of Alki Beach history in a location where multifamily properties are tightly held and opportunities to purchase are few and far between. Select units capture sought-after water views. Additional amenities include dual-pane vinyl windows, individually controlled electric baseboard heating, an on-site common laundry room, and two off-street parking stalls, a valuable convenience along Alki Avenue SW, where parking is at a premium. The property's classic interiors present an exciting value-add opportunity for an investor seeking to unlock the full potential of this irreplaceable waterfront location. Through strategic interior renovations as units turn over, a new owner can modernize the existing apartment homes. The property's LR2 (M) zoning on a 6,640-square-foot lot offers an additional layer of long-term redevelopment potential, providing flexibility beyond the immediate renovation strategy. Residents are steps from Alki Beach Park and the Alki Trail, within walking distance of Alki Point Lighthouse and Statue of Liberty Plaza, and connected to Downtown Seattle via the King County Water Taxi, with the Route 775 shuttle stopping just 0.1 miles away.

Details

MLS #2595365
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1901
Days On Site3
Listing Provided ByParagon Real Estate Advisors | Tanner Fogle

Features

SQ Feet4,524
Story(s)2
Units8
ZoningMulti-Family
Acreage0.15

Taxes

Property19190

Area Information

StateWA
CountyKing
CitySeattle
Zip Code98116
Area140 West Seattle
Community NameAlki
Listing VS Median (in Alki)
Price:
$1,900,000
low | high
Med:
$1,017,000
96.473710526316% of Average
sqft:
4,524
low | high
Med:
1,638
100% of Average
$ / sqft:
$420
low | high
Med:
$625
2% of Average
On site:
3
low | high
Med:
50
6% of Average
Sourced by Back At You

Market Activity 98116

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98116
Area140 West Seattle
Community NameAlki
Listing VS Median (in Alki)
Price:
$1,900,000
low | high
Med:
$1,017,000
96.473710526316% of Average
sqft:
4,524
low | high
Med:
1,638
100% of Average
$ / sqft:
$420
low | high
Med:
$625
2% of Average
On site:
3
low | high
Med:
50
6% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.425M - $2.375M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
5057 SW Stevens Street Property Photo 1
$2,199,000
5057 Sw Stevens Street
Seattle, WA 98116
Listing Updated: October 16, 2026 at 10:45:09 AM PDT