2147 Martin Luther King Jr Way, Tacoma, WA 98405

$585,000
1,996
SqFt

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Listing courtesy of Meridian Real Estate Group.

List Price
$585,000
Status
ACTIVE
MLS#
2536557
Days on Market
3
Style
53 - Tri-plex
Building Condition
Fixer
Finished SqFt
1,996
Area Total SqFt
1996
Annual Tax Ammount
5755
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

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.

Additional Information

List Date
2026-07-23 21:43:12
Community
Hilltop
Gross Scheduled Income
$43,000
Total Monthly Income
$2,200
Insurance Expenses
$2,521
Water/Sewer/Garbage Expenses
$4,200
Total Expenses
$13,076
Total Number of Units
3
Unit Name
2147
Potential Terms
Cash, Conventional, Rehab Loan
Year Built
1909
Roof
Composition
Site Features
Electric Car Charging
Electric Expenses
600
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,200
Gross Scheduled Income
$43,000
Tax Year
2026
Insurance Expense
$2,521
W/S/G Expenses
$4,200
Total Expenses
$13,076
Based on information submitted to the MLS GRID as of . 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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