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5050 Martin Luther King Jr Way, Seattle, WA 98118

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For Sale

$2,100,000

2,736 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Acreage
    Property type

  • 1951
    Year built

  • $767.54
    Price per square foot

Explore this Property

Best value is in the land. Zoned LR3 RC(M). Permits in process to build 5 townhomes on back of property plus a 10 unit street facing apartment building with 2 ground floor commercial spaces. Permits will be included in the price. Property will provide a nice income stream until you are ready to develop. Existing 4-plex has been updated with 4 identical 1 bdrm units plus an unfinished basement with laundry area and room to potentialy add another unit. Seller in process of installing a new roof. Plenty of parking in the back. Light rail station is only 2 blocks away. Architectual renderings available by request.
MLS# 2199553

Listed By CENTURY 21 North Homes Realty

Property Features

  • Exterior
    Sidewalk
  • Lot Size
    0.15 Acres
  • Roof
    Composition Shingle
  • Style
    Other Style
  • Water
    Municipal Water

Map and Directions

Directions to 5050 Martin Luther King Jr Way, Seattle, WA 98118

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(206) 363-8509
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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