5050 MARTIN LUTHER KING JR WAY S, Seattle, WA 98118
Courtesy of Skyline Properties, Inc.
- $2,500,000
- 2,736
- SqFt
- List Price
- $2,500,000
- Status
- ACTIVE
- Days on Market
- 74
- MLS#
- 2544198
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1951
- Living Area
- 2,736
- Lot Size
- 6,299
- Acres
- 0.14
- Subdivision
- Columbia City
- Neighborhood
- Columbia City
- MLS Area Major
- SODO/Beacon Hill
Property Description
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.
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Additional Information
- Amenities
- Basement
- Exterior Features
- Wood
- Property Description
- 54 - 4-Plex
- Flooring
- Hardwood
- Heating
- Baseboard
- Air Conditioning
- Forced Air
- Roof
- Built-Up
- School District
- Seattle
- Elementary School
- M L King Elem
- Middle School
- Aki Kurose
- High School
- Franklin High
- View
- City
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