801 Martin Luther King Jr. Way, Tacoma, WA 98405
- $940,000
- 4,920
- SqFt
Courtesy of Paragon Real Estate Advisors
Selling Office: Keasy Property Management.- Sold Price
- $940,000
- List Price
- $975,000
- Status
- SOLD
- Days on Market
- 123
- Closing Date
- Dec 01, 2025
- MLS#
- 2391945
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1931
- Living Area
- 4,920
- Lot Size
- 3,250
- Acres
- 0.07
- Subdivision
- North Tacoma
- Neighborhood
- North Tacoma
- MLS Area Major
- North Tacoma
Property Description
The Kelley Arms Apartments is a 7-unit multifamily property located in the heart of Downtown Tacoma’s 6th Ave Business District. The asset combines vintage character with thoughtful updates, offering a boutique investment opportunity in one of Tacoma’s most walkable and transit-connected neighborhoods. Originally built in 1931, the property is well-positioned for a new owner to take advantage of immediate rental upside. The unit mix includes six one-bedroom units averaging 770 square feet and one studio unit at 300 square feet. Recent capital improvements include a new roof installed in 2021 and updated windows within the last four years.
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Additional Information
- Exterior Features
- Brick
- Property Description
- 55 - 5-9 Units
- Heating
- Radiant
- Air Conditioning
- None
- Roof
- Flat
- School District
- Tacoma
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