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$2,500,000
77 Days On Site

5050 MARTIN LUTHER KING JR WAY S
Seattle, WA 98118

For Sale|Multi Family|Active
4
Beds
0
Total Baths
2,736
SqFt
$914
/SqFt
1951
Built
Cumulative Days On Market:
76
Subdivision:
Columbia City
County:
King
Courtesy of NWMLS
Listing courtesy of Carolyn Zheng of Skyline Properties, Inc.

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5050 MARTIN LUTHER KING JR WAY S5050 MARTIN LUTHER KING JR WAY S5050 MARTIN LUTHER KING JR WAY S5050 MARTIN LUTHER KING JR WAY S
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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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Listing Snapshot
Price 
$2,500,000
Days On Site 
77 Days
Bedrooms 
4
Inside Area (SqFt) 
2,736 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1446 Acres
Year Built 
1951
MLS® Number 
2544198
Status 
Active
Property Tax 
$9,516
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Acres 
0.1446
Additional Property Use 
Commercial
Foundation 
Block
Number Of Stories 
2
Parking Spaces 
9
Property Sub Type 
Multi Family
SqFt Total 
2736
Utilities 
Cable AvailableSewer Connected
Water Source 
Public
Zoning 
Commercial
Interior Features
Cooling 
Flooring 
Hardwood
Heating 
Natural GasBaseboard
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Exterior Features
Construction Details 
Wood Siding
Roof 
Built-Up
View 
City
Waterview 
City
Community Features
MLS Area 
385 - SODO/Beacon Hill
School District 
Seattle
Financing Terms Available 
CashConventionalFHA
Schools
School District
Seattle
Elementary School
M L King Elem
Middle School
Aki Kurose
High School
Franklin High
Courtesy of NWMLS
Listing courtesy of Carolyn Zheng of Skyline Properties, Inc.



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-17 07:53 PM PDT

Neighborhood & Commute
Source: Walkscore
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