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    705 Martin Luther King Jr. Way, Tacoma, WA 98405
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    4. 705 Martin Luther King Jr. Way, Tacoma, WA 98405
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    705 Martin Luther King Jr. Way
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    • MLS#: NWM2288487 ( Residential Income )
    • Street Address: 705 Martin Luther King Jr. Way
    • Viewed: 2
    • Price: $699,000
    • Price sqft: $296
    • Waterfront: No
    • Year Built: 1905
    • Bldg sqft: 2358
    • Additional Information
    • Geolocation: 47.2559 / -122.452
    • County: PIERCE
    • City: Tacoma
    • Zipcode: 98405
    • Subdivision: Tacoma
    • Elementary School: Travis
    • Middle School: Hilltop Heritage
    • High School: Stadium
    • Provided by: eXp Realty
    • Contact: Donna Huber
    • 888-317-5197
    • DMCA Notice
    • Description
      Income generating Triplex! With a cap rate of 7.41% 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!
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    Property Location and Similar Properties
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    Features
    Home Owners Association Fee
    1. 0.00
    Carport Spaces
    1. 0.00
    Close Date
    1. 0000-00-00
    Cooling
    1. None
    Country
    1. US
    Covered Spaces
    1. 0.00
    Exterior Features
    1. Metal/Vinyl
    Flooring
    1. Vinyl
    2. Carpet
    Garage Spaces
    1. 0.00
    Heating
    1. Baseboard
    High School
    1. Stadium
    Insurance Expense
    1. 1105.00
    Interior Features
    1. Wall to Wall Carpet
    Living Area
    1. 0.00
    Lot Features
    1. Curbs
    2. Paved
    3. Sidewalk
    Middle School
    1. Hilltop Heritage Middle
    Area Major
    1. 29 - Central Tacoma
    Net Operating Income
    1. 51822.00
    Open Parking Spaces
    1. 0.00
    Other Expense
    1. 0.00
    Parcel Number
    1. 200721-002-3
    Possession
    1. Closing
    2. Tenant's Rights
    Possible Use
    1. Commercial
    2. Multi-Family
    Property Type
    1. Residential Income
    Roof
    1. Composition
    School Elementary
    1. Travis
    Sewer
    1. Available
    Tax Year
    1. 2024
    Water Source
    1. Public
    Year Built
    1. 1905
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