1014 1016 Martin Luther King Jr Way

Tacoma, WA
$ 1,950,000 Beds 0 Baths 0 Sq 11,500
Monthly Estimate* How much can I afford?

Mixed-use building in an area on the upswing. New Tacoma Link light rail stop going in right in front of the building, tracks already laid. 2 retail spaces on street level and 10 1-bedroom, 1-bath apartments on the 2nd floor, with one storage facility. County records show the 'effective year built' as 1985; however, there was a major remodel/update on the property in 2007.

Pending

  • Price
  • $ 1,950,000
  • Lot Size
  • 6,499 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 11,500
  • Full Bathrooms
  • 0
  • Year Built
  • 1911
  • Half Bathrooms
  • 0
  • City, Zip
  • Tacoma
  • County
  • PIERCE
  • Style
  • 10+ Units
  • Area
  • Central Tacoma
  • MLS#
  • 1692384
  • Zip
  • 98405
Listing Provided by: Commercial Advantage, LLC and NWMLS
Data Source: NWMLS

Features

General

Amenities See Remarks
Buildingareaunits Square Feet
Carport Y/N No
Exterior Features Brick, Wood
Flooring Concrete, Vinyl
High School District Tacoma
New Construction No
Possible Use Multi-Family, Retail
Property SubType Multi-Family
Property Type Residential Income
Roof Flat
Sewer Sewer Connected
Standard Status Pending
Structure Type Multi Family
Subdivision Name Tacoma
Terms Cash Out
Total Units 12
Units Below Grade false
Units In Building Total 12

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Power Production Type Electric, Natural Gas

Exterior Features

Foundation Details Block
Lot Features Alley, Sidewalk
Lot Size Acres 0.1492
Lot Size Square Feet 6500
Lot Size Units Square Feet
Open Parking Y/N No
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Olympia, WA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/23/2020 Listed $2,200,000
1/5/2021 12% - $1,950,000

Property vs Zip Code Average in 98405

Price
AVG $480K
$1.95M
Visits
AVG 50
294
Year Built
AVG 1941
1911
Walkscore
AVG 69
92
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1014 1016 Martin Luther King Jr Way Tacoma, WA is a Single Family Home for sale at $1950000 with 11500 sqft and a lot size of 6,499 SqFt Acre(s). 1014 1016 Martin Luther King Jr Way Tacoma has 0 bedrooms, 0 baths and was built in 1911. The property's zip code is 98405 which is in Tacoma, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.