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1405 Martin Luther King Jr Way, 
Tacoma, WA 98405

$1,450,000

—

Bed

—

Bath

5,680

Sq Ft

Multi-Family

Active

Listed by

Ronald Dudley

Theory Real Estate

Last updated:

January 13, 2026, 11:56 PM

MLS#

2467071

Source:

NWMLS

About This Home

1405 Martin Luther King Jr Way

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!

Home Facts

Multi-Family

Built in 1968

Price Summary

1,450,000

$255 per Sq. Ft.

MLS #:

2467071

Last Updated:

January 13, 2026, 11:56 PM

Rooms & Interior

Interior

Living Area:

5,680 Sq. Ft.

Structure

Structure

Building Area:

5,680 Sq. Ft.

Year Built:

1968

Lot

Lot Size (Sq. Ft):

6,500

Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$255 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of January 23, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.