615 Martin Luther King Junior Way
Tacoma, WA 98405
$450,000
Price
4
Beds
2
Baths
2,518 Sq. Ft.
$179 / Sq. Ft.
2,518
Sq. Ft.
$179
per Sq. Ft.
Listing provided courtesy of Better Properties UP/Fircrest
Description
Opportunity Knocks! This fully rented duplex, located in a prime area of town, is perfect for investors seeking to expand their portfolio. With strong rental demand and proximity to UW Tacoma, restaurants, and mass transit, this property offers a fantastic opportunity. Bring your vision and creativity to enhance its potential. Don’t miss the chance to purchase the neighboring duplex, MLS #2300375—buy both and add two great units to your portfolio!Opportunity Knocks! This fully rented duplex, located in a prime area of town, is perfect for investors seeking to expand their portfolio. With strong rental demand and proximity to UW Tacoma, restaurants, and mass transit, this property offers a fantastic opportunity. Bring your vision and creativity to enhance its potential. Don’t miss the chance to purchase the neighboring duplex, MLS #2300375—buy both and add two great units to your portfolio!
- Listed by Steve Hiatt • Better Properties UP/Fircrest
Property Details for 615 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 615 Martin Luther King Junior Way
| Status | Active |
|---|---|
| MLS # | 2300377 |
| Days on Market | 82 |
| Cumulative Days on Market | 82 |
| Taxes | $4,256 / 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 615 Martin Luther King Junior Way
Stories2Residences2Year Built1892Building Size-Lot Size0.08 AC / 3,510 SF
Property Information for 615 Martin Luther King Junior Way
Summary
Location and General Information
- Style: 52 - Duplex
- 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: Wall Unit(s)
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: 3
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 200621-007-0
- Building Condition: Fixer
- Calculated Square Footage: 2518
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2518.0
- 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: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 4256
- 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
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 1064
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Square Feet Unit 2: 1040
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 2104.0
- Leasable Area Units: Square Feet
Property History for 615 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 615 Martin Luther King Junior Way
Taxable ValueLand$197,300Additions$184,800Total$382,100
Tax Record2024$4,256 ($355 / month)
Home Facts
Total Finished SqFt2,104 SqFtAbove Ground SqFt2,104 SqFtStories2Lot Size3,510 SqFtStyleDuplexYear Built1892Year Renovated1956ZoningNCXCountyPIERCEAPN2006210070
Schools near 615 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 - | 12 |
Rating | School | Distance |
|---|---|---|
Edna Travis Elementary PublicPK to 5 | ||
Hilltop Heritage Middle School Public6 to 8 | ||
Stadium High School Public9 to 12 | ||
Community Based Trans Program Public12 |
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
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.
