Listed by Carolyn Zheng, Skyline Properties, Inc.
- 2,736
- Square feet
- $914
- Per sq ft
- Multi Family
- Type
- 1951
- Year built
- 6,299 sq ft
- Lot
- 100
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know Columbia City
Jeff's Columbia City profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2544198
- Listed
- July 3, 2026
- Days on market
- 100
- Price per sq ft
- $914
Unit & building
- Stories in building
- 2
- Units in building
- 4
Parking
- Total spaces
- 9
Views
- View
- City
Construction
- Year built
- 1951
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Built-Up
Heating & cooling
- Heating
- Baseboard
- Cooling
- Forced Air
- Energy source
- Natural Gas
Flooring
- Flooring
- Hardwood
Lot
- Lot features
- Value In Land
- Lot size
- 6,299 sq ft
Terms
- Terms offered
- CashConventionalFarm Home LoanFHA
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Seattle city light
Schools
- District
- Seattle
- Elementary
- M L King Elem
- Middle
- Aki Kurose
- High
- Franklin High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- City
- Quadruplex
- Built-Up
- Baseboard
- Forced Air
- Natural Gas
- Hardwood
- Value In Land
- Cash
- Conventional
- Farm Home Loan
- FHA
Listing history
Listed
$2,500,000
July 3, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$14,558
- Principal & interest
- $12,641
- Property tax (est.)
- $1,917
Assumes $500,000 down (20%), a $2,000,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM 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.