$1,350,000
Est. $6,841/mo1405 Martin Luther King Jr Way, Tacoma, WA 98405
• Listed 2026-01-09•30 days on market
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Based on information submitted to the MLS GRID as of May 13, 2026 at 03:58pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Are you looking for your next multi family investment? Maybe 1031 exchange? Look no further! This 10 unit apartment complex in Hilltop is an incredible opportunity and perfect for your portfolio! Very conforming 2 story complex with 5 units down, 5 units up, a laundry room, and storage room! Each unit is a 1 bed 1 bath and all separately metered! Various updates have been done throughout the interiors and exterior of the property! This is a prime location conveniently located on the Tacoma Link Light Rail, nearby UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Fully gated property for security and a dog run out back! This has everything you need for your next investment! Hurry before it's gone!
Listed by Ronald Dudley • Theory Real Estate
Listing updated: May 13, 2026 at 03:58pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2467071
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1405 Martin Luther King Jr Way, Tacoma, WA 98405
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Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
$480,000 Sold
4 weeks ago
3 bd•1.5 ba•~1,558 sq ft•Single Family
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2%
Under list
—
Days on market
0.7 mi
Distance
$215,000 Sold
6 weeks ago
•Single Family
705 S 9th Street #201, Tacoma, WA 98405
0%
Over list
—
Days on market
0.5 mi
Distance
$630,000 Sold
6 weeks ago
•Single Family
1610 S 23rd Street, Tacoma, WA 98405
1%
Under list
—
Days on market
0.7 mi
Distance
$402,000 Sold
7 weeks ago
5 bd•2 ba•~1,952 sq ft•Single Family
1807 S L Street, Tacoma, WA 98405
1%
Over list
—
Days on market
0.3 mi
Distance
$529,000 Sold
2 months ago
5 bd•1 ba•~2,356 sq ft•Single Family
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0%
Over list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
