5050 MARTIN LUTHER KING JR WAY S Seattle, WA 98118
5050 MARTIN LUTHER KING JR WAY S
Seattle, WA 98118
$2,500,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.
Property Features
Community: Columbia City
4-Plex
View: City
Cable TV
Exterior: Wood
Roof: Built-Up
Year Built: 1951
2025 Taxes: $9516.00
Buyer Broker Comp.: 2.5%
Listing #: 2544198
Lot Details
Lot Size: 0.14 acres
Value In Land
No. of Units: 4
Interior
Cooling: Forced Air
Heating: Baseboard
Natural Gas
Schools
District: Seattle
Elem: M L King Elem
Middle: Aki Kurose
High: Franklin High
Call or Email:
Grace Wamwere
What's Near 5050 MARTIN LUTHER KING JR WAY S Seattle, WA 98118?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Skyline Properties, Inc.
