Property Details

2147 Martin Luther King Jr Way
Tacoma, WA 98405
$565,000
MLS# 2536557 courtesy of NWMLS Listing firm: Meridian Real Estate Group

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2147 Martin Luther King Jr Way , Tacoma, WA 98405, Tacoma

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2147 Martin Luther King Jr Way , Tacoma, WA 98405, Tacoma

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Multi-Family
Property Type
1,996
Bldg Sq Ft
3
Units
1909
Year Built

Property Overview

Estate sale presents a rare opportunity to own a well-located triplex in Tacoma's desirable McCarver neighborhood, within the Hilltop Mixed-Use Center. With strong upside potential, this income-producing property is ideal for investors or owner-occupants looking to add value. Unit A is a spacious 2-bedroom, 2-bath unit ready for cosmetic updates, while Units C and D have received improvements within the past five years. The generously sized lot offers excellent redevelopment potential, with zoning that allows for additional units. A public dual-head EV charging station and its established community account are included in the sale, providing an added income opportunity and valuable amenity. The exterior paint and gutters have been updated in recent years. While the roof is functional, buyers may wish to plan for replacement in the future. Don't miss this chance to unlock the full potential of this well-positioned investment property in one of Tacoma's growing neighborhoods.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Hilltop
Listed Jul 23, 2026
Original Price $585,000
Structure Type Triplex
Parcel Number 7685001800

Tax & HOA

Annual Property Tax $5,755 (2026)
Est. Monthly Tax $480/mo

Financial Summary

Gross Scheduled Income $43,000
Total Expenses $13,076

Building & Use

Building Sq Ft 1,996
Leasable Area 1,996 sqft
Total Units 3
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 6,499 sqft
Year Built 1909

Exterior & Lot

Lot Size 0.15 sqft
Year Built 1909
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Curbs, Paved, Sidewalk
Exterior Features Wood Products

Community & Access

Directions GPS

Location

City Tacoma
County Pierce
Coordinates 47.24004, -122.44857

Additional Information

Tax Year 2026
Annual Taxes $5,755
Possession Array
Listed By
Eric D. Crittendon
Meridian Real Estate Group

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