$1,095,000

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

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon3,250sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of Tanner Fogle, Paragon Real Estate Advisors

The Kelley Arms Apartments is a 7-unit multifamily property located in the heart of Downtown Tacoma’s 6th Ave Business District. The asset combines vintage character with thoughtful updates, offering a boutique investment opportunity in one of Tacoma’s most walkable and transit-connected neighborhoods. Originally built in 1931, the property is well-positioned for a new owner to take advantage of immediate rental upside. The unit mix includes six one-bedroom units averaging 770 square feet and one studio unit at 300 square feet. Recent capital improvements include a new roof installed in 2021 and updated windows within the last four years.

Listing Status:
Active
Listing Office:
Paragon Real Estate Advisors : 206-623-8880
Listing Agent:
Tanner Fogle : 206-623-8880
MLS ID:
2391945
  • A/C: None
  • Heating: Radiant
  • Fireplace: Fireplaces: 0

This listing courtesy of Tanner Fogle, Paragon Real Estate Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Special Services

601 S 8th St, Tacoma, WA, 98405

Grades PK-12

0.31 miles away

S

Special Services

601 S 8th St, Tacoma, WA, 98405

Grades PK-12

0.31 miles away

T

Tacoma Business Academy

1101 South Yakima, C/O John Page/Annex Bldg, Tacoma, WA, 98405

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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