$450,000
For Sale

611 Martin Luther King Jr Way

Tacoma, WA 98405
1976 sqft | 0.08 acres | #2300375
Listing OfficeBetter Properties UP/Fircrest
Browse 17 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Investor’s Dream in New Tacoma! This three-level triplex is ideally located near UW Tacoma, restaurants, and mass transit, making it a prime opportunity for investors. The area boasts strong rental demand, and this property is ready for your rehabilitative touch to unlock its full potential. Recent updates include a new roof, vents, and skylights. Don’t miss the neighboring duplex, MLS 2300377 —purchase both to add multiple quality units to your portfolio. This is your chance to invest in a growing, desirable location!

  • Property Details
      • Lot DescriptionCurbs, Paved, Sidewalk
      • Middle SchoolHilltop Heritage Middle
      • Exterior MaterialsWood, Wood Products
      • SubdivisionStadium District
      • Date ListedOctober 09, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style53 - Tri-plex
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Original List Price$450,000
      • High SchoolStadium
      • MLS #2300375
      • MLS #2300375
      • Structure TypeTriplex
      • Acres0.0806
      • Utility SourcePublic
      • School DistrictTacoma
      • Elementary SchoolTravis
      • CountyPierce
      • Taxes Annual$3,886
      • Cost450000
      • Property ConditionFixer
      • Square Feet1976
      • Year Built1892
      • Days on Market (Cumulative)80
      • Stories3
Erika LoweReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$3,486.51
Loan Amount
$405,000.00