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Listing provided courtesy of Theory Real EstateNWMLSMLS# NWM2467071MLS Provider
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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!

Source: NWMLS, MLS#: NWM2467071

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  • Property Type
    Residential Income
  • Lot
    0.15 acres

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  • Median Age
    37
  • Population Density
    5,709
  • College Educated
    42%
  • Estimated Median Income
    $60,255
  • Estimated Total Home Owners
    4,740
  • Estimated Total Renters
    5,142
  • Owner / Renter Divide
    48% / 52%
  • Estimated Average Household Size
    2
  • Total Population
    23,671
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1405 Martin Luther King Jr Way

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/13/2026Source: NWMLS Price Reduction
$1,350,000 -3.6%
2/10/2026Source: NWMLS Price Reduction
$1,400,000 -3.4%
1/9/2026Source: NWMLS Added to Database
January 09, 2026

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