Tacoma, WA 98405,801 Martin Luther King Jr. WAY
Tacoma, WA 98405,801 Martin Luther King Jr. WAY
Tacoma, WA 98405,801 Martin Luther King Jr. WAY
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Listed by Paragon Real Estate Advisors
$1,095,000
Est. payment /mo
6 Beds
7 Baths
4,920 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,920 sqft

Price per Sqft $222

Subdivision North Tacoma

MLS Listing ID 2391945

Style 55 - 5-9 Units

Bedrooms 6

Year Built 1931

Annual Tax Amount $10,768

Lot Size 3,250 Sqft

Property Sub-Type Multi Family

Property Description

The Kelley Arms Apartments is a 7-unit multifamily property located in the heart of Downtown Tacoma's 6th Ave Business District. The asset combines vintage character with thoughtful updates, offering a boutique investment opportunity in one of Tacoma's most walkable and transit-connected neighborhoods. Originally built in 1931, the property is well-positioned for a new owner to take advantage of immediate rental upside. The unit mix includes six one-bedroom units averaging 770 square feet and one studio unit at 300 square feet. Recent capital improvements include a new roof installed in 2021 and updated windows within the last four years.

Location

State WA

County Pierce

Area 13 - North Tacoma

Interior

Fireplace false

Exterior

Exterior Feature Brick

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


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Josh Barnard

+1(253) 677-5765

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