5058 Martin Luther King Jr Way South

Seattle, WA 98118

$1,153,000
Price
4
Beds
4
Baths
2,736 Sq. Ft.
$421 / Sq. Ft.
2,736
Sq. Ft.
$421
per Sq. Ft.

Description

These spacious 1 bed, 1 bath units are situated in a tranquil four-unit complex. Residents have access to convenient on-site laundry and off-street parking. Nestled in the vibrant heart of one of Seattle's most diverse neighborhoods. Residents can explore the charming local shops and amenities. Within walking distance residents can visit the PCC grocery store, indulge in culinary delights from nearby cafes, bakeries, restaurants, or unwind at the park adjacent to the library. For leisure activities,...These spacious 1 bed, 1 bath units are situated in a tranquil four-unit complex. Residents have access to convenient on-site laundry and off-street parking. Nestled in the vibrant heart of one of Seattle's most diverse neighborhoods. Residents can explore the charming local shops and amenities. Within walking distance residents can visit the PCC grocery store, indulge in culinary delights from nearby cafes, bakeries, restaurants, or unwind at the park adjacent to the library. For leisure activities, residents can enjoy a movie night out or take a bike ride to Seward Park. The bus stop is just a block away, the light rail station a mere 5-minute walk, and the picturesque beaches of Lake Washington are within a 1.5-mile radius.
  1. Listed by Samantha Shelton • SJA Real Estate

Property Details for 5058 Martin Luther King Jr Way South

Community Name
Columbia City
School District
Seattle
View
Territorial
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
03-21-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of SJA Real Estate
Add your commute
LISTING UPDATED: 03/25/2024 08:31 AM

Property Details for 5058 Martin Luther King Jr Way South

StatusActive
MLS #2213708
Days on Market42
Cumulative Days on Market42
Taxes$7,474 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.09 AC / 3,923 SF
CountyKing County

Location

Listing Courtesy of SJA Real Estate
Add your commute

Building Information for 5058 Martin Luther King Jr Way South

Stories2Residences4Year Built1952Building Size-Lot Size0.09 AC / 3,923 SF

Payment Calculator

$6,915 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,292

Property Taxes

$623

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5058 Martin Luther King Jr Way South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV
  • Area: 380 - Southeast Seattle
  • Effective Year Built Source: Public Records
  • Directions: The building is on the East side of MLK Jr Way S between S Hudson & S Dawson street.
  • Leased Items: Water Tank
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Coin Op Laundry,Elevator
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5583.56
  • Power Company: Seattle City Lights
  • Sewer Company: Seattle Public Utilties
  • Water Company: Seattle Public Utilties
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1987
  • Photos Count: 31
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Number: 8
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 2660500295
  • Building Condition: Good
  • Calculated Square Footage: 2736
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2736.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • 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: $1,000
  • Total Expenses: 34137.31
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Net Operating Income: $35,954
  • Other Expenses: $18,077
  • Total Monthly Income: 5880
  • Fuel Expense: $2,002
Unit 1
  • Name Unit 1: 2
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 684
  • Rent Unit 1: $1,375.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 684
  • Rent Unit 2: $1,480.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 684
  • Rent Unit 3: $1,550.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 684
  • Rent Unit 4: $1,475.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2736.0
  • Leasable Area Units: Square Feet

Property History for 5058 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 5058 Martin Luther King Jr Way South

Taxable ValueLand$529,600Additions$312,400Total$842,000
Tax Record2022$7,474 ($623 / month)
Home Facts
Total Finished SqFt2,736 SqFtAbove Ground SqFt2,736 SqFtStories2Lot Size3,923 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Year Renovated1987ZoningLR3 RC (M)CountyKINGAPN266050-0295

Schools near 5058 Martin Luther King Jr Way South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Hawthorne Elementary School
PublicPK to 5

Aki Kurose Middle School
Public6 to 8

Franklin High School
Public9 to 12

Interagency Programs
Public6 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.

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5058 Martin Luther King Jr Way South is a multi-family home for sale in Seattle, WA 98118. This property was listed for sale on March 21, 2024 by SJA Real Estate, it's currently listed at $1,153,000. This listing's school district is Seattle Public Schools. Nearby schools include Hawthorne Elementary School, Aki Kurose Middle School and Franklin High School. 5058 Martin Luther King Jr Way South is a 4-bed, 4-bath, 2,736 sqft multi-family home built in 1952.

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 SJA Real Estate

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.