2434 55th Ave SW

3
Baths
2,850 Sq. Ft.
$489 / Sq. Ft.
2,850
Sq. Ft.
$489
per Sq. Ft.

Description

Classic West Seattle Charm, a rare Multi-Family Opportunity in Alki. Discover a perfect blend of vintage character and modern potential in the heart of Seattle’s iconic Alki district. Just blocks from the salty breeze and vibrant energy of Alki Beach, this 1920s residence offers a massive 2,850 square feet of living space, thoughtfully configured for maximum versatility. The property features a strategic layout designed for both privacy and community. The upstairs unit serves as the primary retreat,...Classic West Seattle Charm, a rare Multi-Family Opportunity in Alki. Discover a perfect blend of vintage character and modern potential in the heart of Seattle’s iconic Alki district. Just blocks from the salty breeze and vibrant energy of Alki Beach, this 1920s residence offers a massive 2,850 square feet of living space, thoughtfully configured for maximum versatility. The property features a strategic layout designed for both privacy and community. The upstairs unit serves as the primary retreat, offering 3 bedrooms and 1 bath, highlighted by an expansive outdoor deck—perfect for soaking in the neighborhood's relaxed atmosphere or hosting summer gatherings after a day on the waterfront. Below, you will find two additional units, each featuring 2 bedrooms and 1 bath, with their own dedicated private patios. Whether you are looking to bolster your investment portfolio or create a unique multi-generational compound, this property stands as a canvas for your vision. The home retains the sturdy soul of its 1920 construction, featuring a spacious floor plan that is increasingly difficult to find in West Seattle’s competitive market. Situated on a 4,000 square foot lot, the location is unparalleled. Enjoy effortless access to the Alki Trail, local dining favorites, and the scenic Water Taxi for a quick, beautiful commute to Downtown Seattle. Embrace the quintessential Pacific Northwest lifestyle where historic charm meets the limitless potential of a premier community.
  1. Listed by Dave Sobolik • Knipe Realty ERA Powered
    P: (503)-445-7660 dave@davesobolikrealestate.com
  2. Listed by Kamila Kennedy • Windermere West Metro
    P: (206)-935-7200 kamila@windermere.com

Property Details for 2434 55th Avenue Southwest

Community Name
Alki
School District
Seattle
View
Territorial
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
05-01-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 05/04/2026 03:58 PM

Property Details for 2434 55th Avenue Southwest

StatusActive
MLS #2514034
Days on Market72
Cumulative Days on Market72
Taxes$11,087 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.09 AC / 4,000 SF
CountyKing County

Location

Listing Courtesy of Knipe Realty ERA Powered; Windermere West Metro
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Building Information for 2434 55th Avenue Southwest

Stories2Residences3Year Built1920Building Size-Lot Size0.09 AC / 4,000 SF

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$7,875 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,951

Property Taxes

$924

HOA Dues

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Property Information for 2434 55th Avenue Southwest

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, Patio
  • Area: 140 - West Seattle
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Alki to 55th Sw
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 2.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1986
  • Photos Count: 40
Lot Information
  • Lot Number: 12
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 9385200060
  • Building Condition: Good
  • Calculated Square Footage: 2850
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2850.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Water Access: Community Waterfront/Pvt Beach
Multi Family
Building Details
  • Total Uncovered Parking: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 13487
  • Gross Adjusted Income: 65460
  • Gross Rent Multiplier: 21.31
  • Gross Scheduled Income: $65,460
  • Insurance Expense: $2,400
  • Net Operating Income: $51,973
  • Other Expenses: $0
  • Total Monthly Income: 5455
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,875.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 800
  • Rent Unit 2: $1,550.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1250
  • Rent Unit 3: $2,030.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2850.0

Property History for 2434 55th Avenue Southwest

DateEvent & SourcePriceAppreciation
May 1, 2026

Listed (Active)

NWMLS #2514034

$1,395,000
Jan 28, 2008

Sold

NWMLS #27213581

$950,000
Jan 15, 2008

Sold (Public Record)

Public Record #231897198

$950,000

+8.1% / yr

DateEvent & SourcePrice
05/01/2026

Listed (Active)

NWMLS #2514034

$1,395,000
01/28/2008

Sold

NWMLS #27213581

$950,000
01/15/2008

Sold (Public Record)

Public Record #231897198

$950,000

+8.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2434 55th Avenue Southwest

Taxable ValueLand$842,000Additions$356,000Total$1,198,000
Tax Record2025$12,662 ($1,055 / month)
Home Facts
Baths3Total Finished SqFt2,850 SqFtAbove Ground SqFt2,850 SqFtStories2Lot Size4,000 SqFtStyleTriplexYear Built1920Year Renovated1986ZoningLR1 (M)CountyKINGAPN938520-0060

Schools near 2434 55th Avenue Southwest

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Alki Elementary School
PublicPK to 5

Madison Middle School
Public6 to 8

West Seattle High School
Public9 to 12

Pathfinder K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

2434 55th Avenue Southwest is a multi-family home for sale in Seattle, WA 98116. This property was listed for sale on May 1, 2026 by Knipe Realty ERA Powered, it's currently listed at $1,395,000. It has been on the market for a total of 72 days and was last sold on January 28, 2008. This listing's school district is Seattle Public Schools. Nearby schools include Alki Elementary School, Madison Middle School and West Seattle High School. 2434 55th Avenue Southwest is a 7-bed, 3-bath, 2,850 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Knipe Realty ERA Powered; Windermere West Metro

Based on information submitted to the MLS GRID as of 05/04/2026 03:58 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.