Listing provided courtesy of Berkshire Hathaway HS NWNWMLSas Distributed by MLSGrid- MLS# NWM2536745MLS Provider

3015 Alki Avenue SWSeattle, WA 98116

Multi-Family · 12 Beds · 7,239 Sq. ft. | 0.36 Acres
$4,500,000 Active

3015 Alki Avenue SW Overview

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The Dolphin is an iconic 8-unit waterfront apartment building prominently situated along the shores of Alki Beach. Meticulously maintained and extensively upgraded, this rare investment opportunity features approximately 65 feet of bulkheaded Puget Sound frontage with sweeping water and Olympic Mountain views. Significant improvements include a complete exterior refit with brick & stucco finishes, marine-grade stainless steel components, fiberglass decks, & an 80-mil PVC roof membrane. Ownership includes primary & secondary tidelands together with boat buoy rights—an increasingly rare waterfront amenity. Distinguished by its signature landscaping & landmark presence along the Alki shoreline, The Dolphin offers a unique combination of quality, location, & long-term investment potential. Conveniently located near Alki Point Lighthouse, waterfront recreation, dining, & neighborhood amenities. A rare opportunity to acquire a legacy-quality waterfront asset in one of Seattle's most sought-after coastal locations. First time on the Market in 30 years!

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3015 Alki Avenue SW Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,239
  • Price/Sq.ft. $622
  • Lot 0.36 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle

Green Features

  • Green Energy Efficient: Thermal Windows

Income/Expenses

  • Other Expense: 33604
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 309120
  • Insurance Expense: 5643
  • Net Operating Income: 224966
  • Total Expenses: 74924
  • Total Monthly Income: 25760
  • Water/Sewer/Garbage: 10117

Building Information

  • New Construction: No
  • Year Built: 1958

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 140 - West Seattle
  • Subdivision Name: Alki

Community/Development

  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Tax Information

  • Tax Annual Amount: $25,560.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 0148000814
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 7239
  • Building Area Units: Square Feet
  • Calculated Square Footage: 7239
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 6350
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,See Remarks
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.3634
  • Lot Size Square Feet: 15831
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Fenced-Partially, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Bulkhead, No Bank, Sound
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Methods: Standard Frame
  • Roof: Flat
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick, Stucco
  • Number Of Units Total: 8
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1700
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1775
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1775
  • Beds Total: 1
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 2650
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 2695
  • Beds Total: 2
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 2795
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 3695
  • Beds Total: 2
  • Baths Total: 1

3015 Alki Avenue SW Neighborhood

Community

98116 (Seattle) Demographics

40
Median Age
7,795
Population Density (per sq. mile)
74%
College Educated
$121,967
Estimated Median Income
7,483
Estimated Total Home Owners
5,637
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3015 Alki Avenue SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3015 Alki Avenue SW Market Data

Based on the last 30 days in this zip code

$1,156,499
Average List Price
$669
Average Price per Square Foot
38
Properties Sold
54
Average Days on Market
112
Properties for Sale
Calculations provided by Reliance Network

3015 Alki Avenue SW History

Date Event Value Agent
6/23/2026Source: NWMLS Added to Database
June 23, 2026
Tracy Harris
Listing Agent