For sale Home

Listed Oct 10, 2026

$679,000 Est. $4,491/mo

5305 Martin Luther King Jr Way South

  • 4

    Beds

  • 2

    Baths

  • 1,800

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

1924

Price per sq ft

$377

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    90%+ High Efficiency

  • Appliances

    Refrigerator

  • Flooring

    Hardwood, Vinyl, Carpet

  • Roof

    Composition

  • Lot Information

    Alley, Sidewalk

  • Exterior

    Stucco, Wood, Wood Products

  • Water Source

    Public

  • Sewer

    Sewer Connected

Mortgage calculator

Estimated monthly payment

$4,491 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,614
  • Property tax $679
  • Insurance $198

Includes principal, interest, taxes & insurance.

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Listing Broker

Home Realty

Broker Name

Home Realty

Agent

Tonyhai Nguyen