801 Martin Luther King Jr Way Tacoma, WA 98405 – Kelley Arms Apartments

Kelley Arms Apartments (Status: Pending) 975000

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

We present Kelley Arms Apartments, 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. 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 pr

Listing Details

Asset Class: Multi-Family
Year Built: 1931
Building Total Square Feet: 6752
Available Lease Space Square Feet: 4920
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: 1305 – Multi-Family

Listing Courtesy of: Paragon Real Estate Advisors

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.