801 Martin Luther King Jr. Way, Tacoma, WA 98405

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: tanner fogle
Office: paragon real estate advisors
MLS#:2391945
Source:NWMLS
801 Martin Luther King Jr. Way,Tacoma, WA 98405
$975,000
  • - Beds
  • - Baths
  • 4,920 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$975,000
  • Price per sq. ft.:$198.17

About this home

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.

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Home facts

  • Year built:1931
  • Listing ID #:2391945
  • Updated:November 11, 2025 at 09:09 AM

Rooms and interior

  • Living area:4,920 sq. ft.

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Roof:Flat Roof
  • Year built:1931
  • Building area:4,920 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$975,000
  • Price per sq. ft.:$198.17
  • Tax amount:$10,768 (2025)
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