The Alki Duplex + SFH is a three unit property at 5911 and 5913 SW Admiral Way in the Alki neighborhood of West Seattle, offered at $1,275,000. The offering consists of two separate structures on a single 4,800 square foot NR3 zoned parcel. A two bedroom house built in 1946 sits at the front of the property, and a standalone duplex built in 1988 sits behind it, containing two more two bedroom/one bathroom units. Total net rentable area is 2,340 square feet across the three units, with an additional 720 square feet of unfinished basement beneath the house. The properties per unit value of $425,000 in terms of the single-family homes alone is a very favorable value when compared to similar single-family homes in the area further indicating its value-add potential. Each unit is a two bedroom, one bathroom layout with a dedicated storage locker and its own full size washer and dryer. Both duplex units are vacant and ready for occupancy today. Both interiors have been freshly painted and have new vinyl plank flooring, new carpet, and new window blinds, and the appliance package in the upper unit (unit B) is new. Hot water tanks were replaced in 2023 and 2024. A buyer can set rents to market and does not inherit tenants on two of the three units at closing rather than waiting on turnover. The property also works for an owner user, who can occupy a duplex unit at closing. The value-add component in the offering is concentrated in the house. It is generally in good condition but largely original, and offers a clear path to updated finishes, and it sits on 720 square feet of unfinished basement with a dedicated entry, good ceiling height, and a sewer line that runs down rather than out through a sidewall, which allows a bathroom to be added at the lower level without sacrificing space. A buyer can finish the basement as additional living area for the house or pursue the addition of a fourth unit. The parcel is zoned NR3, which allows four units on the site. The seller has not researched the buildout of the basement area, or the possible conversion of the basement into a fourth unit. A buyer is to research and confirm the viability of these options to its own satisfaction, including with the appropriate City of Seattle zoning and construction departments. The property sits one block from the new Alki Elementary School, a 91,000 square foot mass timber campus that opened to students in September 2026 and serves preschool through fifth grade. Alki Beach, the Alki Avenue dining corridor, and Admiral Junction are all a short walk away, King County Metro serves SW Admiral Way, and the Seattle Water Taxi at Seacrest Park connects to the downtown waterfront.