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5050 Martin Luther King Jr Way S Seattle, WA $ 2,100,000
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$ 2,100,000 Get more info
5050 Martin Luther King Jr Way S
$ 2,100,000
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5050 Martin Luther King Jr Way S

Seattle, WA, 98118
$ 2,100,000
Baths0.0

Monthly Estimate*

$ 14,669

Listed by CENTURY 21 North Homes Realty
5050 Martin Luther King Jr Way S, Seattle, WA 98118 - Image 1
5050 Martin Luther King Jr Way S, Seattle, WA 98118 - Image 2
5050 Martin Luther King Jr Way S, Seattle, WA 98118 - Image 3
Studio

Lots and Land for sale in Seattle, WA

for $2,100,000. The lot size is 0.1446.

Permitting in progress for 5 townhomes and a 10 unit apartment bldg with 2 commercial spaces on the ground floor. Price includes permit and all architectural drawings. Currently there is a 4 plex on the property generating $6,100/mo in rent. Possible to build 9 townhomes instead of the comb. of townhomes + apt bldg.

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Lots and Land Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 7,683

Style

Multi-Family

Lot Size

0.1446

Town/City

Seattle

County/Region

King

MLS | Web ID

2200508
Features
General
Sewer On Property
Utilities Natural Gas Available Electricity Connected
Possession Tenant's Rights
HOA 0
View Territorial
Topography Level
Property SubType Land
Tax Year 2023
County King
Property Type Land
HOA / Comm Assn N
Subdivision Name Rainier Valley
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Building is on East side of MLK Jr Way S between S Hudson & S Dawson
City Seattle
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Seattle
Zoning Description LR3 RL(M)
MLS Area 380 - Southeast Seattle
Lot Size Square Feet 6299
Waterfront Y/N N
Carport Y/N N
Street Name Martin Luther King Jr
Listing Terms Cash Out Conventional
Tax Annual Amount 7683
Public Remarks Permitting in progress for 5 townhomes and a 10 unit apartment bldg with 2 commercial spaces on the ground floor. Price includes permit and all architectural drawings. Currently there is a 4 plex on
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Gas Status On Property
Zoning Class Multi-Family
Property Style 42 - Multi-Family
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Exterior
Lot Features Curbs Sidewalk
Water Source On Property
Building Area Total 0
Lot Size Acres 0.1446
Road Surface Type Paved
Lot Size Units Square Feet
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Way
Electric On Property Y/N Y
Living Area Units Square Feet
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Internal Only
OriginalMLSID NWM2200508
Street Number 1 5050
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* Excluded Features
List By
Jim Conlan

Listing Agent

Century 21 North Homes Realty

Broker

Affordability Calculator

$15,309
Per Month
96%
4%
0%
Monthly Principal & Interest
$14,669
Monthly Property Taxes
$640
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/4/2024$2,100,000 -8.70% Price Down
2/15/2024$2,300,000 Listed Price

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5050 Martin Luther King Jr Way S, Seattle, WA, 98118 is a Lots and Land for sale at $2,100,000 with a lot size of 0.1446. 5050 Martin Luther King Jr Way S is a studio with 0.0 baths. The property's zip code is 98118 which is in Seattle, WA

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