Sold270d on marketHistoric · 134 yrs
611 Martin Luther King Jr Way
Tacoma, WA, 98405 • New Tacoma • Pierce County
$325,000
$164/sqft
1,976Sqft
0.08 acLot
1892Built
Property DNA
Character Home
Built 1892 · 134 years of history
Stadium District
New Tacoma
Market activity
Demand and pricing signals for this listing
38 views
People checking out this listing
270 days on market
Established listing
$164/sqft
Price per square foot
About this home
Multi Family · Built 1892 · Historic
Investor’s Dream in New Tacoma! This three-level triplex is ideally located near UW Tacoma, restaurants, and mass transit, making it a prime opportunity for investors. The area boasts strong rental demand, and this property is ready for your rehabilitative touch to unlock its full potential. Recent updates include a new roof, vents, and skylights. Don’t miss the neighboring duplex, MLS 2300377 —purchase both to add multiple quality units to your portfolio. This is your chance to invest in a growing, desirable location!
Estimated monthly payment
Based on current rates
$2,023/month
Principal & Interest$1,590
Property Tax$325
Insurance$108
Down payment20% ($65,000)
3%50%
Est. 6.18% rate · 30yr fixed · $260,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1892
HeatingForced Air, Electric
CoolingNone
ParkingNo Data
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionFixer
Year built1892
Systems
HeatingForced Air, Electric
CoolingNone
RoofComposition
ConstructionWood Siding, Wood Products
Water / SewerPublic, Company: TPU / Sewer Connected, Company: TPU
Parking & Outdoor
Lot3,510 sqft
Location & Tax
NeighborhoodNew Tacoma
Annual tax$3,886
Parcel2006210060
Features & details
4 categories of property features
Interior Features
Heating
Forced Air
Electric
Cooling
None
Exterior Features
Construction
Wood Siding
Wood Products
Lot Features
Curbs
Paved
Sidewalk
Listing insights
Market data and value estimates
StatusSold
Days on market270
Est. value$317,600
Est. rent$1,875/mo
Tax rate0.88%
Price/sqft$164
On marketNov 25, 2024
PostedOct 10, 2024
Last sold$325,000
MLS statusSold
MLS updatedAug 11, 2025
Tour days6
Views38
How are the schools in Tacoma?
3 schools rated nearby
Location
Tacoma, WA, 98405
Price history
6 events
DateEventPrice$/sqftSource
Jul 11, 2025Sold$325,000$164NWMLS as distributed by MLS GRID
Jun 26, 2025Pending Sale$350,000$177NWMLS as distributed by MLS GRID
Jun 23, 2025Price Change$350,000$177NWMLS as distributed by MLS GRID
Apr 11, 2025Price Change$375,000$190NWMLS as distributed by MLS GRID
Feb 19, 2025Price Change$400,000$202NWMLS as distributed by MLS GRID
Oct 10, 2024Listed For Sale$450,000$228NWMLS as distributed by MLS GRID
Sold$325,000
Jul 11, 2025•$164/sqft•NWMLS as distributed by MLS GRID
Pending Sale$350,000
Jun 26, 2025•$177/sqft•NWMLS as distributed by MLS GRID
Price Change$350,000
Jun 23, 2025•$177/sqft•NWMLS as distributed by MLS GRID
Price Change$375,000
Apr 11, 2025•$190/sqft•NWMLS as distributed by MLS GRID
Price Change$400,000
Feb 19, 2025•$202/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$450,000
Oct 10, 2024•$228/sqft•NWMLS as distributed by MLS GRID
Tax history
19 years of records
YearTax paidAssessed value
Apr 8, 2024$4,026$369,600
Apr 8, 2023$3,886$348,800
Apr 8, 2022$4,307$414,600
Apr 8, 2021$3,981$347,000
Apr 8, 2019$3,062$264,900
Apr 8, 2018$3,005$235,400
Apr 8, 2017$2,577$190,100
Apr 8, 2016$2,311$141,300
Apr 8, 2014$2,311$132,800
Apr 8, 2013$2,073$124,300
Apr 8, 2012—$118,000
Apr 8, 2011—$137,400
Apr 8, 2010—$160,200
Apr 8, 2009—$182,100
Apr 8, 2008$2,400$196,200
Apr 8, 2007$2,400$205,000
Apr 8, 2002$1,482$86,500
Apr 8, 2001$1,195$86,500
Apr 8, 2000$1,195$68,100
Nearby homes
Neighborhood details
Local context around this listing
Tacoma, WA • Pierce County
Nearby neighborhoods
Browns PointCentralDash PointEastside-ENACTNew TacomaNorth EndNortheast TacomaSouth EndSouth TacomaWest End
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98403984049840598406984079840898409984189842298444
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Based on information submitted to the MLS GRID as of 2026-04-07 17:23:54 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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