3901 Martin Luther King Jr Way S, Seattle, WA 98108 - Photo 1

1/13

$1,750,000

For Sale
Active
Multi-Family
Updated 5 days ago

Listed by Travis Kannier | Westlake Associates, Inc. | (206) 505-9400 and Ian Brown | Capstone Commercial | (206) 324-9412

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Property Description

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).

Full Property Details

Full Property Details for 3901 Martin Luther King Jr Way S

General

Price: $1,750,000
Taxes: $19,649 (2026)
Status: Active
Type: Multi-Family
Source: NWMLS
MLS ID: 2562520
Updated: 8/12/2026
Added to Site: 19 day(s) ago

Interior

Flooring: Vinyl Plank

Parking

Carport Spaces: 6
Uncovered Spaces: 2

Location

Area: 385 - SODO/Beacon Hill
County: King
Subdivision: Columbia City
Driving Directions: From Seattle, take I-5 S to Rainier Ave S. Take exit 3 from I-90 E. Driving S on Rainier Ave S, turn right onto Martin Luther King Jr Way S. Property is on the right.

School Information

High School District: Seattle

Heating & Cooling

Cooling Type: None
Heating Type: Wall Furnace

Utilities

Sewer: Sewer Connected

Structural Information

Structure Type: Multi Family
Exterior Const.: Brick
Roof: Composition
Stories in Building: 3
Square Feet: 5,330
Year Built: 1963

Unit Information

Units in Building: 9

Lot Features

Lot Size (Acres): 0.1547
Lot Size (Sq. Ft.): 6,738
Lot Size Source: King County
Lot Features: Paved, Sidewalk
Zoning: Multi-Family

Financial Considerations

Tax Amount: $19,649
Tax Year: 2026
Terms: Cash

Disclosures and Reports

Special Conditions: None
Property ID: 2381700140

Listed by Travis Kannier | Westlake Associates, Inc. | (206) 505-9400 and Ian Brown | Capstone Commercial | (206) 324-9412

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Schools

Schools serving 3901 Martin Luther King Jr Way S

School District:Seattle School District

Name	Grades	Distance
Kimball Elementary School 3200 23rd Avenue South, Seattle, WA 98144	K-5	0.4 mi
Washington Middle School, Seattle, WA 2101 South Jackson Street, Seattle, WA 98144	6-8	2.1 mi
Franklin High School, Seattle, WA 3013 South Mount Baker Boulevard, Seattle, WA 98144	9-12	0.5 mi
Cleveland High School, Seattle, WA 5511 15th Avenue South, Seattle, WA 98108	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3901 Martin Luther King Jr Way S Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/30/2026

Listed

$1,750,000

15.57%

MLS

2/12/2020

Sold

$1,514,200

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 3901 Martin Luther King Jr Way S

Year

Property Taxes

Change

Tax Assessment

Change

2026

$19,649

15%

$1,823,000

2025

$17,152

-2%

$1,705,000

-10%

2024

$17,545

$1,887,000

—

2022

$16,607

-3%

$1,887,000

2021

$17,103

—

$1,729,000

2021

$17,103

29%

$1,715,000

30%

2020

$13,223

67%

$1,318,000

57%

2019

$7,939

$840,000

19%

2018

$7,672

-2%

$706,000

-6%

2017

$7,796

$752,000

2016

$7,349

$707,000

2015

$6,846

-2%

$675,000

2014

$7,013

—

$630,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 3901 Martin Luther King Jr Way S

3901 Martin Luther King Jr Way S, Seattle, WA 98108 (MLS# 2562520) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 3901 Martin Luther King Jr Way S is currently listed for $1,750,000 and was received on July 30, 2026. Want to learn more about 3901 Martin Luther King Jr Way S? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

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3901 Martin Luther King Jr Way S Seattle, WA 98108