Alki Apartments 4-Unit

For Sale

2630 58th Avenue Southwest, Seattle, WA 98116

This Seattle property for sale is located at 2630 58th Avenue Southwest. The current listed sale price for Alki Apartments 4-Unit is $1,350,000. Alki Apartments 4-Unit is situated on a lot that is 0.08 acre in size.

Contacts

broker
Ted Wood

Capstone Commercial

Property Details

  • 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

Getting around

  • 71/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • PCC

    0.90 miles

  • Safeway

    0.93 miles

  • Metropolitan Market

    1.00 miles

  • QFC

    1.62 miles

  • Trader Joe's

    1.70 miles

  • Whole Foods Market

    1.73 miles

  • Thriftway

    2.62 miles

  • Coast Guard Exchange

    3.23 miles

  • Restaurant Depot

    3.27 miles

  • Saveway Grocery

    3.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ted Wood

Capstone Commercial

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