2306 Alki Ave SW, Seattle, WA 98116

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: residential-style building. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 5,391 reachable multifamily buildings in Seattle. Larger than 3% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 2,774 SF, King County Assessor
Lot size: 4,394 SF, King County Assessor
Year built: 1916, King County Assessor
Stories: 2, King County Assessor
Predominant use: 4-Plex, King County Assessor
Units: 4, King County Assessor
Assessed value: $1,281,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $461.79/SF, derived from assessor records
Lot coverage: 63%, derived from assessor records
Vintage: pre-war vintage
Zoning: LR2 (M), King County
County use code: 4-Plex
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

2318 Alki Ave SW, Seattle · 0 mi · 10,288 SF · built 1984 · assessed $343.31/SF
2324 Bonair Pl SW, Seattle · 0 mi · 13,820 SF · built 1961 · assessed $374.67/SF
2250 Bonair Pl SW, Seattle · 0.1 mi · 7,950 SF · built 1927 · assessed $333.46/SF
2416 54th Pl SW, Seattle · 0.1 mi · 20,184 SF · built 1957 · assessed $383.72/SF
2348 Alki Ave SW, Seattle · 0.1 mi · 15,687 SF · built 1928 · assessed $291.45/SF
2222 Alki Ave SW, Seattle · 0.1 mi · 32,612 SF · built 1958 · assessed $337.18/SF

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Sale history and market context

MakeMe Estimate: $1,399,133 (estimated market value), with a likely range of $1,241,993 to $1,596,022 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $350K per unit at the midpoint (4 units).

Current ownership dates to 2017 (about 9 years) per recorded transfers.

2017-01-06: transfer from Private party to Lacher Alki Apts LLC, rec. 20170119001725

1994-04-01: $119,607 from Private party to Private party (non-market transfer), rec. 199404072477

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $736,500 (2011) to $1,281,000 (2026), up 74% over 15 years, per county tax rolls. The 2026 roll splits $1,281,000 into $878,000 land and $403,000 improvements.

Zoning: LR2 (M) (per King County)

Lot: 4,394 sq ft

Rated views: Olympic Mountains, Territorial, Puget Sound

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Multiple Residence (Low Rise) 2,774 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)