5050 MARTIN LUTHER KING JR WAY S, Seattle, WA 98118
Seattle, WA 98118
Square Ft.
2,736
Active
Multifamily
Listing courtesy of Skyline Properties, Inc.
$2,500,000
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… Read More 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. Read Less
Listing courtesy of Skyline Properties, Inc.
Listing Snapshot
Cumulative Days On Market
2
Days on Website
1
Last Updated
Property Type
Quadruplex
Square Ft.
2,736
Lot Size
0.14 Acres
Year Built
1951
Property Tax
$9,516
MLS Number
2544198
30 Days Snapshot Of 98118
$920k
-3%
(avg) sold price
45
+15%
homes sold
44
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 2736, Building Area Units: Square Feet, Calculated Square Footage: 2736, Elevation Units: Feet, Leasable Area: 2740, Living Area: 0, Number Of Units Total: 4, Stories Total: 2, Structure Type: "Quadruplex", Units In Building Total: 4, Year Built: 1951, Year Built Effective: 1987
Based on information submitted to the MLS GRID as of . 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. Listings last updated on ,
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