7544 Martin Luther King Jr Way S, Seattle, WA 98118

0.47 acres

Pending
$830,000
Est. Mortgage
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My Notes

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20,423 sq ft development site 2 blocks from Othello Light Rail station. Yield study shows potential for 88 residential units. Current improvements incl 10 apartments and a mini mart, which can provide income while obtaining permits. Central Brighton location with quick access to downtown Seattle, public transit, schools, and parks. Street-to-street lot, NC2-40 zoning, may be possible to add neighboring parcel.

Facts

  • 804 days on Zillow
  • MLS #: 414125

    Features

    • Parking: 0 space

        Other

        • Zillow Home ID: 2116420271

        Zestimate Details

        Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

        The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
        $1,874/mo
        -$53 Last 30 days
        $1.3K
        $2.6K
        Zestimate range

        Popularity on Zillow

        71 views since listing
        796 all-time (chart)
        1 shopper saved
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        Home Expenses

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        Neighborhood

        Market guide

        Zillow predicts Brighton home values will increase 8.2% next year, compared to a 4.8% rise for Seattle as a whole.

        Foreclosures will be a factor impacting home values in the next several years. In Brighton, the number of foreclosures waiting to be sold is 230% higher than in Seattle, and 149.1% higher than the national average. This higher local number may prevent Brighton home values from rising as quickly as other regions in Seattle.

        Learn more about forecast calculations or Brighton home values.
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          Nearby Schools in Seattle

          GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

          Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

          Data by GreatSchools.org