801 Martin Luther King Jr Way Tacoma, Tacoma, WA 98405

Building Details

Year Built

1931

Listing agent TANNER FOGLE

Listing office PARAGON REAL ESTATE ADVISORS T***@paragonrea.com

Listing date Jun 13, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of PARAGON REAL ESTATE ADVISORS

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Overview

The Kelley Arms Apartments is a 7-unit multifamily property situated in the heart of Downtown Tacoma’s 6th Ave Business District. Built in 1931, this property combines vintage character with updates. The unit mix includes six one-bedroom units averaging 770 square feet and one studio unit at 300 square feet, totaling 4920 square feet. Recent capital improvements include a new roof installed in 2021 and updated windows within the last four years. Located just two blocks from the LINK Light Rail 6th Ave Station, and less than one mile from both the Stadium District and Wright Park, the location offers access to transit and neighborhood amenities. The property is well-positioned for a new owner to take advantage of immediate rental upside.

Suggested Use

Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Tacoma

County

Pierce

State

Washington

Longitude

-122.452

Latitude

47.2549

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FAQs

What type of property is this?

Apartment building - 7-unit multifamily property in Tacoma's 6th Ave Business District.

Where is this apartment building located?

The property is located at 801 Martin Luther King Jr Way Tacoma Tacoma, WA.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Located in the heart of Downtown Tacoma’s 6th Ave Business District, a highly walkable and transit‑connected neighborhood.; Immediate rental upside potential.; New roof installed in 2021.