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Listing courtesy of NWMLS / Paragon Real Estate Advisors

801 Martin Luther King Jr. Way

Tacoma, WA 98405

– beds
– baths
4,920 sqft
3,250 sqft lot
$222 per sqft
1931 build

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.

Listing courtesy of NWMLS / Paragon Real Estate Advisors

Last checked: Checking… • Last updated Jun 12, 2025 •

MLS# 2391945 —

The Building

Year Built:

1931
New Construction:

false
Structure Type:

Multi Family
Roof:

Flat
Exterior Features:

Brick
Units In Building Total:

7
# of Units Total:

7
Stories Total:

3
Building Area Total:

4920
Building Area Units:

Square Feet
Calculated SqFt:

4920
Construction Materials:

Brick

Interior

Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.254945
Longitude:

-122.452092
Directions:

On I-5 S, take exit 133 for I-705 N. Turn left onto Commerce St. Turn right onto S 9th St. Turn right onto M.L.K. Jr Way.

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Parcel Number:

2008210010
Lot Size Units:

Square Feet
Lot Size Acres:

0.0746
Lot Size SqFt:

3250
Lot Size Source:

Public Records
View:

false
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

10768

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Radiant

Utilities

Sewer:

Sewer Connected
Water Sewer Garbage:

13008

Schools

High School District:

Tacoma

The Community

Subdivision Name:

North Tacoma
Senior Community:

false
Association:

false

Parking

Open Parking:

false
Carport:

false

Listing courtesy of NWMLS / Paragon Real Estate Advisors

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sun Jun 15 2025 11:08 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Explore the Area

My Commute

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Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/12/25 Jun 12, 2025	Listed / Active	NWMLS	$1,095,000

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This multifamily located in Central, Tacoma, WA 98405 is currently for sale for $1,095,000. 801 Martin Luther King Jr. Way is a 4,920 square foot multifamily with – beds and – baths. 801 Martin Luther King Jr. Way is in the Central neighborhood of Tacoma and has a WalkScore® of 91, making it a walker’s paradise.

Listing courtesy of NWMLS / Paragon Real Estate Advisors

Disclaimer: The information contained in this listing has not been verified by Paragon Real Estate Advisors and should be verified by the buyer.