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Listing Firm: Sterling Johnston Real Estate: Donna Marshall

Bought With: WPI Real Estate Services, Inc. : TC Wu

SOLD On November 2, 2020
NWMLS # 1643932

$1,040,000

  • Sold Price

817 Martin Luther King Jr Way , Seattle, WA 98122

Listings with the three tree icon are courtesy of NWMLS

About This Property

Multi tenant,rooming house! Cash Flow, 5.5% Cap Rate, 4 individually rented rooms,1 studio+one-bath apartment and a three-bedroom/one-bathroom* apartment,Residents of the individual rooms share 1.75 bathrooms, a common washer/dryer, and a huge fenced yard. Additionally,two private patios,five off-street parking spaces.The property is easily managed via online tenant portal that handles maintenance requests, rent collection, and tenant screening. Potential upside income opportunities.

Buyer's Agent: TC Wu • WPI Real Estate Services, Inc.

Listed by: Donna Marshall • Sterling Johnston Real Estate

Aris360 Last Checked: 2 Minutes Ago (Jun 27, 2025 12:59 AM)

  • Source: NWMLS as Distributed by MLS Grid #1643932

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Martin Luther King Jr
  • Zip/Postal Code: 98122
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Madrona
  • Community
    • 390 - Central Seattle
  • MLS Area
    • 390 - Central Seattle
  • Longitude
    • -122.296617
  • Latitude
    • 47.609555
  • Directions
    • exit 168B for WA-520 toward Bellevue/Kirkland,keep right and merge onto E Montlake Pl E,Take 24th Ave E to Martin Luther King Jr Way E

  • Interior
    • Wall to Wall Carpet
    • Laminate Tile
  • Floors
    • Laminate
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Lot Description
    • Curbs,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Deck,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 7800
  • Utilities
    • Cable Connected,
    • Sewer Connected,
    • Electric,

  • High School District
    • Seattle
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $8853
  • Year Built
    • 1981
  • Effective Year Built
    • 1981
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jun 27 2025 . 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.

Jun 27, 2025 12:59 AM