1405 Martin Luther King Jr Way · Tacoma, WA 98405
Source: NWMLS · Theory Real Estate · Ronald Dudley #NWM2467071
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!
Location
Basics
- Property type
- Multi Family
- Style
- 10+ Units
- Stories
- 2 stories
- Year built
- 1968 (renovated 1993)
- Building area
- 5,680 sq ft
- Lot size
- 6,500 sq ft (0.15 acres)
- County
- Pierce
- MLS #
- NWM2467071
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Vinyl, Vinyl Plank
Exterior & lot
- Exterior features
- Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Alley, Curbs, Paved, Sidewalk
- Waterfront
- No
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Hilltop
- Property tax
- $13,669 (2025)
Transaction
- Original list price
- $1,450,000 (10.3% price cut)
- Listed on
- Jan 9, 2026
- Days on market
- 344
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing, Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2023-05-22
- Sold$1,300,000
Schools
School district: Tacoma
- High
- Stadium High SchoolSchoolDigger 4 stars · Top 28% in WA
Listing provided courtesy of: Theory Real Estate
Listing agent: Ronald Dudley.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.