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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by Paragon Real Estate Advisors

$ 1,095,000

Est. payment -/mo

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Active

801 Martin Luther King Jr. WAY Tacoma, WA 98405

6 Beds

7 Baths

4,920 SqFt

UPDATED:

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

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

ONE Real Estate

Broker

+1(360) 201-0908

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