1405 Martin Luther King Jr Way, Tacoma, WA 98405

Tacoma
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: ronald dudley
Office: theory real estate
MLS#:2467071
Source:NWMLS
1405 Martin Luther King Jr Way,Tacoma, WA 98405
$1,400,000
  • - Beds
  • - Baths
  • 5,680 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$246.48

About this home

Are you looking for your next multi family investment? Maybe 1031 exchange? Look no further! This 10 unit apartment complex in Hilltop is an incredible opportunity and perfect for your portfolio! Very conforming 2 story complex with 5 units down, 5 units up, a laundry room, and storage room! Each unit is a 1 bed 1 bath and all separately metered! Various updates have been done throughout the interiors and exterior of the property! This is a prime location conveniently located on the Tacoma Link Light Rail, nearby UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Fully gated property for security and a dog run out back! This has everything you need for your next investment! Hurry before it's gone!

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Home facts

  • Year built:1968
  • Listing ID #:2467071
  • Updated:April 14, 2026 at 12:22 AM

Rooms and interior

  • Flooring:Vinyl Floor, Vinyl Plank
  • Living area:5,680 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1968
  • Building area:5,680 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$246.48
  • Tax amount:$13,669 (2025)

Features and amenities

  • Amenities:Gated Entry

Parking

  • Total parking spaces:6
  • Parking description:Uncovered Space(s) : 6
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