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Under Contract13 Days
$679,000

705 Martin Luther King Jr. Way
Tacoma, WA 98405

Income For Sale
2,358 Sq. Ft.
0.03 Acre Lot
eXp Realty

Provided by Northwest Multiple Listing Service, 2024.

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

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!

Property Details

Listing Details
Under Contract
Income
Multi-Family
None
For Sale
NWM2288487
$679,000
11/14/2024
2,358 Sqft
1905
Single Family
2
NWM130661
Location Information
US
WA
Pierce
Tacoma
98405
Martin Luther King Jr. Way
705
Tacoma
W123° 32' 51.6''
N47° 15' 21.2''
705 Martin Luther King Jr. Way , Tacoma, WA 98405
29 - Central Tacoma
Yes
Garage/Parking
No
No
Interior Features
Carpet,Vinyl
Wall To Wall Carpet
Exterior Features
No
No
Metal/vinyl
Composition
WaterFront and WaterAccess
No
Land Info
0.03 Acre
Curbs,Paved,Sidewalk
Nw
200721-002-3
Monthly
Utilities
Baseboard
None
Available
HOA Info
Monthly
3
No
Rental Info
2358
Monthly
Tax Info
$5,143
2024
Schools
Travis
Stadium
Hilltop Heritage Middle
Listing Information
eXp Realty
Donna Huber
40
NWM5939
Nwmls
$699,000
11/13/2024 18:52:23
Poured Concrete
2
Triplex
Public
Tacoma

Price History

Source: MLS
DateEventPriceSource
2024-11-14 12:45:20Under Contract$679,000MLS
2024-11-14Under Contract$699,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by listings.com and should be verified by the buyer.