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47.248646 -122.45053
  1. Search Nearby Homes

1405 Martin Luther King JR Way Tacoma, WA 98408

327310410 47.248646 -122.45053 314 /listing/327310410-150078174/1405-martin-luther-king-jr-way-tacoma-wa-98408 False 0 1300000.0 105 2029390 False
  • $1,300,000
  • 0.15 lot
  • Est payment $6978.68/mo
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Courtesy Of Gateway Real Estate

Property & Neighborhood Info

Courtesy Of Gateway Real Estate

Multi Family in Tacoma

Prime investor opportunity to own this 10 unit apartment complex in downtown Tacoma. Each unit features 1 bedroom and 1 full bathroom plus common space laundry room for additional income. This ideal location has access in front to the new Tacoma Link Light Rail and is within walking distance to many of Tacoma's unique amenities, UW Tacoma and medical facilities. This complex has been under rented for years and could become a cash cow for the future owner. Perfect for a 1031 tax exchange!

  1. 0.15 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1968
  • Floors: 2
  • School District: Tacoma
  • County: Pierce
  • Taxes: $11,921.00
  • Tax Year: 2021
  • Units: 10
  • Zoning: City
  • Subdivision: Tacoma
  • MLS Number:2029390

Additional Features

  • Flooring:
    • See Remarks
  • Furnished:
    • Unfurnished
  • Interior Features:
    • Wall to Wall Carpet
  • Fireplaceyn:
    • No
  • Roof:
    • Composition
  • Water Source:
    • Public
  • Exterior Features:
    • Wood
  • Parking:
    • Total Open 4
    • Total Parking 4
    • Uncovered 4
  • Electric Service:
    • City of Tacoma
  • Amenities:
    • Coin Op Laundry
    • See Remarks
  • Possible Use:
    • Multi-Family
  • Carport Spaces:
    • 0
  • Carport YN:
    • false
  • Cooling YN:
    • true
  • Covered Spaces:
    • 0
  • Foundation Details:
    • Poured Concrete
  • Heating YN:
    • true
  • Irrigation Water Rights YN:
    • false
  • Leasable Area:
    • 5000 Square Feet
  • Listing Terms:
    • Cash Out
  • Listing Key:
    • NWM132571336
  • Parcel Number:
    • 2014210020
  • Possession:
    • Tenant's Rights
  • Total Expenses:
    • 28493
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Premier Realty Grays Harbor
Premier Realty Grays Harbor
(360) 533-1900
421 W. State Street Aberdeen WA 98520
no name available Premier Realty Grays Harbor
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47.248646 -122.45053
  1. Search Nearby Homes

1405 Martin Luther King JR Way Tacoma, WA 98408

327310410 47.248646 -122.45053 314 /listing/327310410-150078174/1405-martin-luther-king-jr-way-tacoma-wa-98408 False 0 1300000.0 105 2029390 False
  • $1,300,000
  • 0.15 lot
  • Est payment $6978.68/mo