$500,000

4 Beds 4 Baths 1,996 SQFT 0.15 Acres
Type: Multi-Family

2147 Martin Luther King Jr Way
Tacoma, WA 98405

MLS#: 2536557
Presented by: Meridian Real Estate Group and NWMLS

Property Description

 

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.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringHardwood, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2

General

AmenitiesBasement
Building Area Units0 sqft
Cap Rate0
Carport Spaces0
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsGPS
Electric Expense600
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingRadiant
High SchoolBuyer To Verify
High School DistrictTacoma
Insurance Expense2521
Leasable Area1,996 sqft
Listing TermsCash, Conventional, Rehab Loan
Living Area0 sqft
Lot Size Square Feet6,500 sqft
Lot Size UnitsSquare Feet
MLS Area30 - Central Tacoma
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total3
PossessionSubject To Tenant Rights
Possible UseMulti-Family
Property ConditionFixer
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksEstate 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-produci
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameHilltop
Tax Annual Amount$5,755
Tax Year2026
Units Below Gradefalse
Units In Building Total3
Water CompanyTPU
Water Sewer Garbage4200
Year Built1909
Zoning DescriptionMulti-Family

Exterior

Building Area Total1,996 sqft
Covered Spaces0
Exterior AmenitiesWood Products
Foundation DetailsPillar/Post/Pier
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Size Acres0.1492
Parking Uncovered Total3
Site FeaturesElectric Car Charging
Total Parking3
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$500,000

4 Beds 4 Baths 1,996 SQFT 0.15 Acres
Type: Multi-Family

2147 Martin Luther King Jr Way
Tacoma, WA 98405

MLS#: 2536557