5050 MARTIN LUTHER KING JR WAY S Seattle, WA $ 2,500,000
5050 MARTIN LUTHER KING JR WAY S
$ 2,500,000
Share Save

5050 MARTIN LUTHER KING JR WAY S

Seattle, WA, 98118
$ 2,500,000
Bedrooms4 Baths4.0 Sq 2,736

Monthly Estimate*

$ 15,785

Listed by Skyline Properties, Inc.
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
5050 MARTIN LUTHER KING JR WAY S, Seattle, WA 98118 - Image 4
5050 MARTIN LUTHER KING JR WAY S, Seattle, WA 98118 - Image 5
5050 MARTIN LUTHER KING JR WAY S, Seattle, WA 98118 - Image 6
5050 MARTIN LUTHER KING JR WAY S, Seattle, WA 98118 - Image 7
5050 MARTIN LUTHER KING JR WAY S, Seattle, WA 98118 - Image 8

Multi-Family Home for sale in Seattle, WA

for $2,500,000 with 4 bedrooms and 4 full baths. This 2,736 square foot home was built in 1951 on a lot size of 0.1446.

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.

See more

Multi-Family Active

Price

$ 2,500,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,516

Style

4-Plex

Lot Size

0.1446

Year Built

1951

Town/City

Seattle

County/Region

King

MLS | Web ID

2544198

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Forced Air
Possession Closing
Roof Built-Up
HOA Fee 0
Garage Spaces 0
Year Built 1951
View City
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 0
Insurance Expense 1214.47
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Columbia City
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Please do not disturb the tenants.
High School Franklin High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Commercial
Number Of Units Total 4
MLS Area 385 - SODO/Beacon Hill
Lot Size Units Square Feet
Lot Size Square Feet 6299
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional Farm Home Loan FHA
Green Building Verification Type Other
Elementary School M L King Elem
Tax Annual Amount 9516
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Aki Kurose
Property Condition Average
Public Remarks 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 Ci
Leasable Area 2740
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 4
See more
Exterior
Exterior Amenities Wood
Lot Features Value In Land
Water Source Public
Total Parking 9
Foundation Details Block
Building Area Total 2736
Lot Size Acres 0.1446
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV
Parking Uncovered Total 9
See more
Interior
Flooring Hardwood
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 4
Power Production Type Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2544198
Street Number 1 5050
See more
* Excluded Features
List By
Carolyn Zheng

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$16,578
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$793
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3780220 Elementary School
257906 Middle School
Franklin High High School
Pricing History
DatePricePrice ChangeDescription
7/4/2026$2,500,000 Listed Price

Map


See all

5050 MARTIN LUTHER KING JR WAY S, Seattle, WA, 98118 is a Multi-Family Home for sale at $2,500,000 with 2,736 sqft and a lot size of 0.1446. 5050 MARTIN LUTHER KING JR WAY S has 4 bedrooms, 4.0 baths, and was built in 1951. The property's zip code is 98118 which is in Seattle, WA