415 Martin Luther King Jr Way South

Seattle, WA 98144

$1,200,000
Price
4
Beds
4
Baths
2,256 Sq. Ft.
$532 / Sq. Ft.
2,256
Sq. Ft.
$532
per Sq. Ft.

Description

Existing 4 plex but value in the land. Nice development location. Zoned LR2(M) Rapidly improving inner city location that is close to all amenities, schools, shopping, entertainments, restaurants, coffee shops, religious facilities, downtown location, public transportation and walking distance to large new development areas. New constructions all around this location. Sitting next to and surrounded newer townhomes. Great opportunity for new development.Existing 4 plex but value in the land. Nice development location. Zoned LR2(M) Rapidly improving inner city location that is close to all amenities, schools, shopping, entertainments, restaurants, coffee shops, religious facilities, downtown location, public transportation and walking distance to large new development areas. New constructions all around this location. Sitting next to and surrounded newer townhomes. Great opportunity for new development.
  1. Listed by George E. Noble • Green Stone Properties, Inc.

Property Details for 415 Martin Luther King Jr Way South

Community Name
Judkins
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
01-22-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Green Stone Properties, Inc.
Add your commute
LISTING UPDATED: 04/20/2024 02:13 PM

Property Details for 415 Martin Luther King Jr Way South

StatusActive
MLS #2193014
Days on Market97
Cumulative Days on Market96
Taxes$7,496 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.08 AC / 3,600 SF
CountyKing County

Location

Listing Courtesy of Green Stone Properties, Inc.
Add your commute

Building Information for 415 Martin Luther King Jr Way South

Stories2Residences4Year Built1920Building Size-Lot Size0.08 AC / 3,600 SF

Payment Calculator

$7,174 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$625

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 415 Martin Luther King Jr Way South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 390 - Central Seattle
  • Block: 8
  • Elementary School: Leschi
  • Middle Or Junior School: Wash Mid
  • High School: Garfield High
  • Effective Year Built Source: Public Records
  • Directions: Go S on M L King Jr Wy S & S Jackson St Property on west side of ML King Jr Wy S
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
  • Additional Tax Ids: 125020649
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: No
  • Heating: None
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Seattle
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1981
  • Photos Count: 8
Lot Information
  • Lot Details: Alley
  • Lot Number: 10
  • Lot Size Source: KCR
  • Parcel Number Free Text: 125020649
  • Calculated Square Footage: 2256
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2256.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7496
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Square Feet Unit 1: 564
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 564
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 564
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Square Feet Unit 4: 564
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2256.0
  • Leasable Area Units: Square Feet

Property History for 415 Martin Luther King Jr Way South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 415 Martin Luther King Jr Way South

Taxable ValueLand$432,000Additions$524,000Total$956,000
Tax Record2022$15,707 ($1,309 / month)
Home Facts
Total Finished SqFt2,256 SqFtAbove Ground SqFt2,256 SqFtStories2Lot Size3,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920Year Renovated1981ZoningLR2 (M)CountyKINGAPN125020-0649

Schools near 415 Martin Luther King Jr Way South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Leschi Elementary School
PublicK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Nova High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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415 Martin Luther King Jr Way South is a multi-family home for sale in Seattle, WA 98144. This property was listed for sale on January 22, 2024 by Green Stone Properties, Inc., it's currently listed at $1,200,000. It has been on the market for a total of 97 days and was last sold on September 1, 2004. This listing's school district is Seattle Public Schools. Nearby schools include Leschi Elementary School, Edmonds S. Meany Middle School and Garfield High School. 415 Martin Luther King Jr Way South is a 4-bed, 4-bath, 2,256 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Stone Properties, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.