Opportunity Knocks! This fully rented duplex, located in a prime area of town, is perfect for investors seeking to expand their portfolio. With strong rental demand and proximity to UW Tacoma, restaurants, and mass transit, this property offers a fantastic opportunity. Bring your vision and creativity to enhance its potential. Don’t miss the chance to purchase the neighboring duplex, MLS #2300375—buy both and add two great units to your portfolio!
Sold
Listed by: Better Properties UP/Fircrest • Steven Hiatt
Bought with: Better Properties UP/Fircrest
$385,000
615 Martin Luther King Jr Way, Tacoma, WA 98405
4beds
2baths
2,518sqft
Duplex, Multi Family
Built in 1892
-- sqft lot
$-- Zestimate®
$153/sqft
$1,778 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,778/mo
Zestimate® history
Owner options
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$1,778/mo
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$1,778/mo
Rent Zestimate®
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$1,910/mo
Est. payment
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$1,910/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steven Hiatt,
Better Properties UP/Fircrest
Bought with:
Steven Hiatt, 103770
Better Properties UP/Fircrest
Source: NWMLS as distributed by MLS GRID,MLS#: 2300377
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 2,518
- Total interior livable area: 2,518 sqft
Property
Lot
- Size: 3,510 Square Feet
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 2006210070
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1892
- Major remodel year: 1962
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Public, Company: TPU
Community & HOA
Community
- Subdivision: Stadium District
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $405,300
- Annual tax amount: $4,256
- Date on market: 11/15/2024
- Cumulative days on market: 614 days
- Listing terms: Conventional,Rehab Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listing removed | $699,000$278/sqft |
Source: eXp Realty #2498541 Report a problem | ||
| 5/26/2026 | Listed for sale | $699,000$278/sqft |
Source: eXp Realty #2493281 Report a problem | ||
| 4/7/2026 | Pending sale | $699,000$278/sqft |
Source: eXp Realty #2493281 Report a problem | ||
| 3/29/2026 | Price change | $699,000-6.7%$278/sqft |
Source: eXp Realty #2493281 Report a problem | ||
| 3/17/2026 | Listed for sale | $749,000+94.5%$297/sqft |
Source: eXp Realty #2493281 Report a problem | ||
| 4/9/2025 | Sold | $385,000-9.4%$153/sqft |
Source:  NWMLS as distributed by MLS GRID #2300377 Report a problem | ||
| 4/3/2025 | Pending sale | $425,000$169/sqft |
Source: NWMLS as distributed by MLS GRID #2300377 Report a problem | ||
| 2/19/2025 | Price change | $425,000-5.6%$169/sqft |
Source: NWMLS as distributed by MLS GRID #2300377 Report a problem | ||
| 10/10/2024 | Listed for sale | $450,000$179/sqft |
Source: NWMLS as distributed by MLS GRID #2300377 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,414 +3.7% | $405,300 +6.1% |
| 2023 | $4,256 +0.2% | $382,100 -6.6% |
| 2022 | $4,248 +8.4% | $408,900 +19.7% |
| 2021 | $3,919 +30.1% | $341,500 +30.9% |
| 2019 | $3,012 +1.7% | $260,900 +12.7% |
| 2018 | $2,961 +16.6% | $231,600 +23.7% |
| 2017 | $2,540 +11.7% | $187,300 +34.7% |
| 2016 | $2,274 | $139,000 +6.4% |
| 2014 | $2,274 +11.3% | $130,700 +6.8% |
| 2013 | $2,043 | $122,400 +5.2% |
| 2012 | -- | $116,300 -14.2% |
| 2011 | -- | $135,500 -10.7% |
| 2010 | -- | $151,700 -12.8% |
| 2009 | -- | $174,000 -6.6% |
| 2008 | $2,271 +0% | $186,300 -4% |
| 2007 | $2,271 +48% | $194,000 +116.5% |
| 2002 | $1,535 +12% | $89,600 |
| 2001 | $1,371 | $89,600 +14.7% |
| 2000 | $1,371 | $78,100 |
Find assessor info on the county website
Neighborhood: New Tacoma
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Edna Travis ElementaryGrades: PK-5Distance: 1.1 mi
- 3/10Hilltop Heritage Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Stadium High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Travis
- Middle: Hilltop Heritage Middle
- High: Stadium
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Pierce County
- Tacoma
- 98405
- New Tacoma
- 615 Martin Luther King Jr Way
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