$650,000
Est. $3,297/mo5943 Martin Luther King Jr S, Seattle, WA 98118
• Listed 2025-01-24•155 days on market
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About this home
ATTENTION INVESTORS, BUILDERS, & BUSINESS OWNERS! This NC2-75 (M) zoned commercial property, currently leased to a church tenant offers great upside potential for future growth. Excellent owner-user or hold for future development. Prime location on MLK Way with great visibility and easy light rail access. Convenient location with short distance to established businesses.
Listed by Robert Pong • Realogics Sotheby's Int'l Rlty
Listing updated: December 24, 2025 at 10:58am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2320029
Around this home
Schools
Ratings via SchoolDigger- School #245274547Public · Grades K-5 · 9.9 mi · State rank 285 of 1,0001/10
- School #769319037Public · Grades 6-8 · 0.3 mi · State rank 40 of 1,0002/10
- School #406685754Public · Grades 9-12 · 1.8 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
Sold comparable homes
5 recent nearby sales, priced between $330K and $700K.
$700,000Last sold price
5444 21st Avenue Sw, Seattle, WA 98106
$330,000Last sold price
510 6th Avenue S #503, Seattle, WA 98104
$510,000Last sold price
590 1st Avenue S #915, Seattle, WA 98104
Property details
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$3,948 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Lifestyle
8.6/10
Very Walkable
Most errands can be done on foot
7.7/10
Very Bikeable
Biking is convenient for most trips
5.5/10
Good Transit
Many nearby transit options
Provided by Walk Score
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 26 days.
Recent sales nearby
Within 1 mile · last 6 months$3,000,000 Sold
4 weeks ago
•Single Family
4820 S Morgan Street, Seattle, WA 98118
14%
Under list
—
Days on market
0.8 mi
Distance
$875,000 Sold
8 weeks ago
4 bd•2.5 ba•~1,750 sq ft•Single Family
6356 47th Avenue S, Seattle, WA 98118
3%
Under list
—
Days on market
0.7 mi
Distance
$674,950 Sold
4 months ago
3 bd•2.5 ba•~1,700 sq ft•Single Family
3910 S Holly Street, Seattle, WA 98118
0%
Over list
—
Days on market
0.5 mi
Distance
$540,000 Sold
4 months ago
2 bd•1 ba•~820 sq ft•Single Family
3906 S Morgan Street, Seattle, WA 98118
4%
Under list
—
Days on market
0.4 mi
Distance
$799,950 Sold
4 months ago
3 bd•1 ba•~1,420 sq ft•Single Family
5026 48th Avenue S, Seattle, WA 98118
0%
Over list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 11:31 AM PDT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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