611 Martin Luther King Junior Way
Tacoma, WA 98405
$450,000
Price
5
Beds
3
Baths
1,976 Sq. Ft.
$228 / Sq. Ft.
1,976
Sq. Ft.
$228
per Sq. Ft.
Listing provided courtesy of Better Properties UP/Fircrest
Description
Investor’s Dream in New Tacoma! This three-level triplex is ideally located near UW Tacoma, restaurants, and mass transit, making it a prime opportunity for investors. The area boasts strong rental demand, and this property is ready for your rehabilitative touch to unlock its full potential. Recent updates include a new roof, vents, and skylights. Don’t miss the neighboring duplex, MLS 2300377 —purchase both to add multiple quality units to your portfolio. This is your chance to invest in a growing,...Investor’s Dream in New Tacoma! This three-level triplex is ideally located near UW Tacoma, restaurants, and mass transit, making it a prime opportunity for investors. The area boasts strong rental demand, and this property is ready for your rehabilitative touch to unlock its full potential. Recent updates include a new roof, vents, and skylights. Don’t miss the neighboring duplex, MLS 2300377 —purchase both to add multiple quality units to your portfolio. This is your chance to invest in a growing, desirable location!
- Listed by Steve Hiatt • Better Properties UP/Fircrest
Property Details for 611 Martin Luther King Junior Way
Community Name
Stadium District
School DistrictTacoma
Number of Assigned Spaces0
Total Covered Parking0
Entry Date10-09-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 12:21 PM
Property Details for 611 Martin Luther King Junior Way
| Status | Active |
|---|---|
| MLS # | 2300375 |
| Days on Market | 77 |
| Cumulative Days on Market | 77 |
| Taxes | $3,886 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1892 |
| Lot Size | 0.08 AC / 3,510 SF |
| County | Pierce County |
Building Information for 611 Martin Luther King Junior Way
Stories3Residences3Year Built1892Building Size-Lot Size0.08 AC / 3,510 SF
Property Information for 611 Martin Luther King Junior Way
Summary
Location and General Information
- Style: 53 - Tri-plex
- Area: 20 - North Tacoma
- Elementary School: Travis
- Middle Or Junior School: Hilltop Heritage Middle
- High School: Stadium
- Effective Year Built Source: Public Records
- Directions: GPS friendly :)
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: TPU
- Sewer Company: TPU
- Water Company: TPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1962
- Photos Count: 17
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 200621-006-0
- Building Condition: Fixer
- Calculated Square Footage: 1976
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1976.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 3
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: true
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 3886
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $0
- Insurance Expense: $0
- Net Operating Income: $0
- Other Expenses: $0
- Total Monthly Income: 0
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 1976.0
- Leasable Area Units: Square Feet
Property History for 611 Martin Luther King Junior Way
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 611 Martin Luther King Junior Way
Taxable ValueLand$197,300Additions$151,500Total$348,800
Tax Record2024$3,886 ($324 / month)
Home Facts
Total Finished SqFt1,620 SqFtAbove Ground SqFt1,620 SqFtStories2Lot Size3,510 SqFtStyleTriplexYear Built1892Year Renovated1956ZoningNCXCountyPIERCEAPN2006210060Fireplace TypeHas Fireplace
Schools near 611 Martin Luther King Junior Way
This home is within Tacoma School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Edna Travis Elementary PublicPK to 5 | ||
Hilltop Heritage Middle School Public6 to 8 | ||
Stadium High School Public9 to 12 | ||
Tacoma Pierce County Education Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Better Properties UP/Fircrest
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
