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1405 Martin Luther King Jr Way, Tacoma, WA 98405

Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: ronald dudley
Office: theory real estate
MLS#:2438830
Source:NWMLS
1405 Martin Luther King Jr Way,Tacoma, WA 98405
$1,500,000
  • - Beds
  • - Baths
  • 5,680 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$264.08

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 #:2438830
  • Updated:February 12, 2026 at 06:43 PM

Rooms and interior

  • 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

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$264.08
  • Tax amount:$13,669 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of February 12, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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