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JRJeff ReynoldsCompass · Seattle

3901 Martin Luther King Jr Way S, Seattle, WA 98108

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Active

Listed by Travis Kannier, Westlake Associates, Inc.

Active0 days on market

$1,750,000

$328 per sq ft

3901 Martin Luther King Jr Way S, Seattle, WA 98108

Seattle, WA, 98108

Sq ft
5,330
Built
1963
Parking
2 spaces
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

5,330
Square feet
$328
Per sq ft
Multi Family
Type
1963
Year built
6,738 sq ft
Lot
0
Days on market

About this property

Empire Flats is a fully renovated 9-unit building conveniently located blocks from Mt Baker Light Rail Station. This is an excellent opportunity for an investor as most of the renovations have been completed and the buyer simply needs to raise rent/income. Comparable rents nearby show that there is room to raise rents significantly without additional upgrades. Empire Flats has spacious units that have been updated throughout with new cabinetry, quartz counters, and stainless appliances. The modernized apartments also have desirable LVP flooring and in-unit laundry. The low maintenance building has a newer roof and exterior paint. There are plans to covert the existing laundry area to a 10th unit (buyer to verify).

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2562520
Listed
July 30, 2026
Days on market
0
Price per sq ft
$328

Unit & building

Stories in building
3
Units in building
9

Parking

Total spaces
2

Construction

Year built
1963
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl Plank

Lot

Lot features
PavedSidewalk
Lot size
6,738 sq ft

Terms

Terms offered
Cash

Utilities

Sewer
Sewer Connected

Schools

District
Seattle

Listing history

  1. Listed

    $1,750,000

    July 30, 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

$10,191

Principal & interest
$8,849
Property tax (est.)
$1,342

Assumes $350,000 down (20%), a $1,400,000 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 30, 2026 at 2:45 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.