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  • Listed by: 

    Donna Huber,

    eXp Realty

    $660,000

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

    7beds
    3baths
    2,358sqft
    Triplex
    Built in 1905
    -- sqft lot
    $672,000 Zestimate®
    $280/sqft
    $1,788 Estimated rent

    What's special

    INCREDIBLE PRICE! Income generating Triplex! With a cap rate of 7.6% you'll enjoy the great cash flow generated by these 3 units. Unit A consists of 3 BD, 1 BA, and Unit B&C each consist of 2 BD, 1 BA. All units are complete with kitchen and laundry. Convenient, central Tacoma location close to 6th Ave Light Rail Station, hospitals, shopping, schools, dining and recreation. Being sold AS-IS. Don't miss this opportunity to secure a solid income generating asset!

    Zillow last checked: 7 hours ago

    Listing updated: January 06, 2025 at 04:03am

    Listed by:

    Donna Huber,

    eXp Realty

    Bought with:

    Ronald Dudley, 128719

    Theory Real Estate

    Source: NWMLS,MLS#: 2288487MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,358
    • Total interior livable area: 2,358 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Patio & porch: Wall to Wall Carpet
    Lot
    • Size: 1,302 sqft
    • Features: Curbs, Paved, Sidewalk
    Details
    • Parcel number: 2007210023
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Metal/Vinyl
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1905
    • Major remodel year: 2005

    Utilities & green energy

    • Electric: Company: Tacoma Public Utilities
    • Sewer: Available, Company: Tacoma Solid Waste
    • Water: Public, Company: Tacoma Public Utilities

    Community & neighborhood

    Location
    • Region: Tacoma
    • Subdivision: Tacoma

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 179 days
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $672,000
    2% more+ $13,440
    With Zillow Showcase(estimated)
    $685,440