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JRJeff ReynoldsCompass · Seattle

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
10
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

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Directions

Property details

Listing details

Listing number
#2544198
Listed
July 3, 2026
Days on market
10
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
AssumableCashConventionalFarm 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
  • Assumable
  • Cash
  • Conventional
  • Farm Home Loan

Listing history

  1. 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 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.