$200,000
Est. $1,028/mo7101 Martin Luther King Jr Way S #115, Seattle, WA 98118
• Listed 2026-08-26•6 days on market
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Based on information submitted to the MLS GRID as of August 26, 2026 at 09:13am (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.
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King Plaza Laundry – Established Coin Laundry Business for Sale. Turnkey Investment Opportunity in South Seattle Take advantage of the opportunity to own King Plaza Laundry, a well-established neighborhood laundromat located in the busy King Plaza Shopping Center on Martin Luther King Jr. Way South. Conveniently near residential neighborhoods, local businesses, and public transit, this business benefits from steady customer traffic and a loyal base. Business Highlights: Prime location in a high-traffic neighborhood shopping center. Established customer base with repeat business. Convenient access with ample parking. Well-maintained commercial washers and dryers. Clean, organized, and easy-to-operate facility. Great opportunity for an owner-operator or absentee investor. Stable, recession-resistant industry with recurring demand. Strong potential to grow revenue through wash-and-fold service, commercial accounts, pickup & delivery, vending, and digital payment systems. Located at 7101 Martin Luther King Jr. Way S., Seattle, WA, King Plaza Laundry benefits from excellent visibility and is surrounded by retail shops, restaurants, apartments, and established residential communities. The location provides a steady stream of customers who rely on the laundromat for their everyday laundry needs.
Listed by Tom Ngo • Dove Realty, Inc.
Listing updated: August 26, 2026 at 09:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573855
Open houses
No upcoming open houses scheduled for this property.
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value7101 Martin Luther King Jr Way S #115, Seattle, WA 98118
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 15 days.
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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 from MLS GRID / NWMLS · Updated Sep 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.