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!
Sold
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
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#: 2288487

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