708 Martin Luther King Jr Way, Tacoma, WA 98405 - Photo 1

1/1

$665,000

Sold
Closed
Multi-Family

Listed by Amy Lowry | Windermere Prof Partners | (253) 565-1189
Sold by Alex Bradshaw | Michael J Real Estate LLC

1/1

Property Description

Welcome to this fully furnished 4 Plex! This has been a successful Investment Property housing Visiting Nurses. Tacoma Light Rail runs right in front of the home, and there are many restaurants, parks, shopping & amazing bars close by. The main floor offers the largest unit, 1 Bedroom & 1 bath. The second floor has a studio w/kitchenette & full bath, plus a 1 bedroom/1 bath. The attic on the 3rd floor is a Studio. All units have Ductless Mini Splits for heating & cooling, the main floor unit has a gas fireplace. There is a 2 car garage that is shared by the 2 1 bedroom units, plus a large shop that can be used for storage. Shared laundry in the basement. Covered front porch, back patio w/lush landscaping. Just blocks from the Hospitals!

Full Property Details

Full Property Details for 708 Martin Luther King Jr Way

General

Sold For: $665,000
Taxes: $3,840 (2025)
Status: Closed
Type: Multi-Family
Source: NWMLS
MLS ID: 2371816
Added to Site: 256 day(s) ago

Interior

Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl

Additional Information

Amenities: Cabana/Gazebo, Fenced-Fully, Gas Available, Green House, High Speed Internet, Outbuildings, Patio, Shop
Security/Safety: Fully Fenced

Parking

Covered Spaces: 2

Location

Area: 28 - Central Tacoma
County: Pierce
Subdivision: New Tacoma
Driving Directions: Hwy 16 to Sprague Exit. North on Sprague to S. 9th. Turn R onto S. 9th, left onto MLK Way to property on the left.

School Information

High School District: Tacoma

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Ductless, Other â€“ See Remarks
Heating Type: Ductless, Stove/Free Standing

Utilities

Sewer: Sewer Connected

Structural Information

Structure Type: Quadruplex
Exterior Const.: Cement/Concrete, Wood
Foundation: Poured Concrete
Roof: Composition
Stories in Building: 3
Square Feet: 2,646
Year Built: 1900
Property Condition: Updated/Remodeled

Unit Information

Units in Building: 4

Lot Features

Lot Size (Acres): 0.1492
Lot Size (Sq. Ft.): 6,500
Lot Size Source: County
Lot Features: Alley, Curbs, Paved, Sidewalk

Green Features

Energy Efficient: Thermal Windows

Financial Considerations

Tax Amount: $3,840
Tax Year: 2025
Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

Special Conditions: None
Property ID: 2007220110

Listed by Amy Lowry | Windermere Prof Partners | (253) 565-1189
Sold by Alex Bradshaw | Michael J Real Estate LLC

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Schools

Schools serving 708 Martin Luther King Jr Way

School District:Tacoma Public Schools

Name	Grades	Distance
Bryant Montessori School 717 South Grant Avenue, Tacoma, WA 98405	PK-5	0.4 mi
Hilltop Heritage Middle School 602 North Sprague Avenue, Tacoma, WA 98403	6-8	0.6 mi
Stadium High School 111 North E Street, Tacoma, WA 98403	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 708 Martin Luther King Jr Way

Date

Details

Price

Change

Source

8/06/2025

Sold

$665,000

4.72%

MLS

5/07/2025

Listed

$635,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Total Bath
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Updated 3 days ago

2
Beds
2
Total Baths
1,408
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$518,000

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Total Baths
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$460,000

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Active
Updated 3 days ago

3
Beds
1
Total Bath
1,275
Sq. Ft.

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Price Reduced

-$175,000 (-6.03%)

$2,725,000

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Multi-Family
Active
Updated 4 days ago

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Sold

$590,000

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Single Family
Closed
Updated 11 days ago

3
Beds
3
Total Baths
1,870
Sq. Ft.

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$640,000

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Single Family
Closed

3
Beds
2
Total Baths
3,250
Sq. Ft.

Listed by Brittney Bell | Crafted Real Estate
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Sold

$655,000

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Single Family
Closed
Updated 7 days ago

5
Beds
3
Total Baths
2,804
Sq. Ft.

Listed by Chanel C Drago | Compass and Michael J. Rankin Jr | Compass
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Sold

$730,000

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Single Family
Closed

3
Beds
2
Total Baths
2,100
Sq. Ft.

Listed and Sold by Peter Branchflower | John L. Scott, Inc.

708 Martin Luther King Jr Way, Tacoma, WA 98405 (MLS# 2371816) is a Multi-Family property that was sold at $665,000 on August 06, 2025. Want to learn more about 708 Martin Luther King Jr Way? Do you have questions about finding other Multi-Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.

708 Martin Luther King Jr Way Tacoma, WA 98405

Full Property Details for 708 Martin Luther King Jr Way

General

Interior

Additional Information

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Lot Features

Green Features

Financial Considerations

Disclosures and Reports

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 708 Martin Luther King Jr Way

Price & Sales History for 708 Martin Luther King Jr Way

Just Listed near 708 Martin Luther King Jr Way

105 Birch St Fircrest, WA 98466

8507 45th St W University Place, WA 98466

3308 69th Ave Ct W University Place, WA 98466

9112 Deers Tongue Cir W University Place, WA 98467

Price Reduced near 708 Martin Luther King Jr Way

5203 53rd St W University Place, WA 98467

6827 41st St E Fife, WA 98424

9116 121st St SW Lakewood, WA 98498

14312 Thorne Ln SW #15 Lakewood, WA 98498

Recent Sales near 708 Martin Luther King Jr Way

917 S Sheridan Ave Tacoma, WA 98405

937 S Sheridan Ave Tacoma, WA 98405

1315 S L St Tacoma, WA 98405

419 N J St Tacoma, WA 98403