$679,000
 $3,645 est/mo Sourced by Back At You

5305 Martin Luther King Jr Way,Seattle, WA 98118

Seattle, WA 98118

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Description

LOCATION, LOCATION, LOCATION! Fantastic Seattle opportunity just a short walk to the Light Rail station! Spacious 4-bedroom, 2-bath home with excellent access to transit, I-5, I-90, Downtown Seattle, Columbia City, Beacon Hill, shopping, restaurants, and other amenities. Hardwood floors on the main level, double-pane windows, kitchen with eating area. Separate downstairs entry offers a flexible floor plan and potential to add a downstairs kitchen, creating an attractive setup for extended living or additional rental-income potential. Great alley access with plenty of off-street parking in the backyard. Conveniently located near bus lines and Light Rail. LR3 zoning offers excellent potential for investors, builders, and developers to explore multifamily redevelopment opportunities. Great opportunity to live in, rent out, hold as an investment, or explore future redevelopment possibilities. Buyer and buyer's broker to independently verify LR3 zoning, permitted uses, rental/ADU potential, development potential, lot size, utilities, and all other information with the City of Seattle to their own satisfaction. Property sold as-is.

Details

MLS #2590060
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1924
Days On Site9
Listing Provided ByHome Realty | Tonyhai Nguyen

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,800
BasementY
Story(s)1
ZoningLR3
Acreage0.08
Property ViewYes

Taxes

Property3964

Area Information

StateWA
CountyKing
CitySeattle
Zip Code98118
Area385 SODO | Beacon Hill
Community NameSeattle
School DistrictFranklin High
Elementary SchoolDearborn Park
High SchoolFranklin High
Listing VS Median (in Seattle)
Price:
$679,000
low | high
Med:
$650,000
54.270986745214% of Average
sqft:
1,800
low | high
Med:
910
99.444444444444% of Average
$ / sqft:
$377
low | high
Med:
$778
56.185567010309% of Average
On site:
9
low | high
Med:
117.5
7.659574468085% of Average
Sourced by Back At You

Market Activity 98118

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Based on information submitted to the MLS GRID as of October 19, 2026 at 5:07:00 PM PDT. All data is obtained from various sources and may not have been verified by 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.

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98118
Area385 SODO | Beacon Hill
Community NameSeattle
School DistrictFranklin High
Elementary SchoolDearborn Park
High SchoolFranklin High
Listing VS Median (in Seattle)
Price:
$679,000
low | high
Med:
$650,000
54.270986745214% of Average
sqft:
1,800
low | high
Med:
910
99.444444444444% of Average
$ / sqft:
$377
low | high
Med:
$778
56.185567010309% of Average
On site:
9
low | high
Med:
117.5
7.659574468085% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $509K - $848K
sqft: 1,000 - 2,000
Listing Updated: October 12, 2026 at 7:57:33 AM PDT