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615 Martin Luther King Jr Way

Tacoma, WA 98405
Square Ft.
2,984
Active
Multifamily
Virtual Tour
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Listing courtesy of Keller Williams Realty
$699,000
Located in the heart of Tacoma, this property operates like a tri-plex despite its legal duplex status, maximizing your rental income streams. Three distinct electric meters mean tenants pay their own power bills, reducing the owner’s expenses. Strong Return Metric; the 9% approximate cap rate is exceptionally high for a… Read MoreRead Less
Listing Snapshot
Cumulative Days On Market
50
Days on Website
25
Last Updated
Property Type
Duplex
Square Ft.
2,984
Lot Size
0.08 Acres
Year Built
1892
Property Tax
$4,414
MLS Number
2533311
30 Days Snapshot Of 98405
$469k
-6%
(avg) sold price
24
-36%
homes sold
40
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 2984, Building Area Units: Square Feet, Calculated Square Footage: 2984, Elevation Units: Feet, Leasable Area: 2984, Living Area: 0, Number Of Units Total: 3, Stories Total: 3, Structure Type: "Duplex", Units In Building Total: 3, Year Built: 1892, Year Built Effective: 1990
Expenses
Other Expense: 0
Exterior Features
Exterior Features: "Wood Products"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Ceramic Tile", "Laminate", "Carpet"
Garage
Garage Spaces: 0
Home Owner's Association
Association Fee Frequency: Not Applicable, Association Fee: $0
Income
Net Operating Income: 0
Lot
Features: "Alley", "Curbs", "Paved", "Sidewalk", 0 acres, 3510 square feet, View: "Bay", "City"
Parking
Carport Spaces: 0, Covered Spaces: 0, Parking Total: 3, Parking Uncovered Total: 3
Property
Property Condition: "Updated/Remodeled", Site Features: Fenced-Partially, Zoning Description: Residential
Roof
Roof: "Composition"
Sewer
Sewer: "Sewer Connected", Sewer Company: TPU
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: TPU, Power Production Type: "Electric", Water Company: TPU, Water Source: "Public"

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Based on information submitted to the MLS GRID as of , .

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Bill Sauneuf
Bill Sauneuf
360-708-2929
Bill Sauneuf
Real Estate Agent
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Listings are Copyright © Northwest Multiple Listing Service. All Rights Reserved.

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The listings presented here may or may not be listed by Bill Sauneuf. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Listings last updated on ,