$10,000 Closing Credit¹
#2381953, Tara Anderson, Listing office: Golden West Properties Inc
#2391945·
Listing office: Paragon Real Estate Advisors·
Listing agent: Tanner Fogle·
Listing office phone: 206-623-8880
$1,095,000 List price
801 Martin Luther King Jr Way Tacoma, WA 98405
$10,000
Closing credit¹
4,920 sqft
0.07 acres
$223 / sqft
House
Property details
About 801 Martin Luther King Jr Way
The Kelley Arms Apartments is 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.
Highlights
HeatingRadiant
StatusActive
Size4,920 sqft
Lot size0.0746 Acres
Year built1931
MLS #2391945
Summary
- Exterior: Brick
- Heating: Radiant
- Cooling: None
- List Price: $1,095,000
- Price/SqFt: $222
- HOA Amount: $0
- Annual Tax Amount: $10,767
- Tax Year: 2024
- Directions: On I-5 S, take exit 133 for I-705 N. Turn left onto Commerce St. Turn right onto S 9th St. Turn right onto M.L.K. Jr Way.
- Year Built: 1931
- Stories: 3
- Living Area: 4,920 SqFt
- Lot Size: 0.0746 Acres
- MLS Number: 2391945
- MLS Name: NWMLS
- Office Name: Paragon Real Estate Advisors
- Office Phone: (206) 623-8880
- Listing Agent: Tanner Fogle
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 2:47:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,095,000
801 Martin Luther King Jr Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 2019 | Home Sold | $840,000 |
| Oct 16, 2003 | Home Sold | $282,852 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $968,400 | $10,767 |
| 2023 | $968,400 | $10,044 |
| 2022 | $841,500 | $9,638 |
| 2021 | $765,000 | $9,601 |
History based on county public records data.
Nearby schools
3
Bryant Montessori School
Public District PK-5
0.4 mi
•717 S Grant Ave
3
Stanley Elementary School
Public District PK-5
0.8 mi
•1712 S 17th St
6
Grant Elementary School
Public District PK-5
0.9 mi
•1018 N Prospect St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,705. Most Tacoma, WA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
69%
<35k
23%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
73%
Single, No Kids
15%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
39%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
$10,000 Closing Credit¹
#2323798, Lawton Coursey, Listing office: The Joseph Group
$10,000 Closing Credit¹
#2378697, Greg Sciborski, Listing office: HomeSmart Real Estate Assoc
Tour
$10,000 Closing Credit¹
#2381806, Ruthy Taylor, Listing office: Real Broker LLC
$10,000 Closing Credit¹
#2341060, Patrick Buckley, Listing office: COMPASS
$9,488 Closing Credit¹
#2343293, Tom Byrne, Listing office: Keller Williams Rty Tacoma
2 days on RocketTour
$10,000 Closing Credit¹
#2392850, Kristie Roof, Listing office: Redfin
2 days on Rocket
$10,000 Closing Credit¹
#2396121, Charles Burnett, Listing office: Real Broker LLC
$10,000 Closing Credit¹
#2324336, Jeff Jensen, Listing office: Keller Williams Rty Tacoma
$8,609 Closing Credit¹
#2328819, David L. Berg, Listing office: Keller Williams Realty PS
Frequently asked questions
Living in Tacoma, WA
Tacoma's transportation infrastructure supports both private and public transit options. The city's public transportation system includes buses that operate on a set schedule, connecting various neighborhoods and key areas. The region is also bike-friendly, with dedicated lanes and trails. Major highways and thoroughfares facilitate commuting and travel to and from the city. While ride-sharing services are available, they complement the existing transportation network, offering additional mobility solutions for residents and visitors.
The city is served by a comprehensive educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is accessible through several hospitals and clinics offering a range of services from primary care to specialized treatments. Tacoma's public library system is extensive, providing residents with educational resources and community programs. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the region's culture and flavors.
Tacoma is celebrated for its vibrant arts scene and waterfront charm. The community prides itself on a rich cultural identity, with numerous galleries, museums, and theaters contributing to the local ambiance. Annual events like the Tacoma Film Festival and the Taste of Tacoma festival reflect the city's love for arts and cuisine, fostering a sense of community among residents.
Tacoma's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, with a mix of architectural styles including Craftsman, Victorian, and mid-century modern. The market also includes a selection of condominiums and townhouses, appealing to various preferences and lifestyles. The homeownership rate in Tacoma is robust, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.
About 801 Martin Luther King Jr Way
The listing price of 801 Martin Luther King Jr Way property is $1,095,000.
The property 801 Martin Luther King Jr Way is a house located in Tacoma, Washington, 98405.
Active Listing: 801 Martin Luther King Jr Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 801 Martin Luther King Jr Way are: Bryant Montessori School (GreatSchools Rating 3/10), Stanley Elementary School (GreatSchools Rating 3/10), Grant Elementary School (GreatSchools Rating 6/10), Bryant Montessori Middle School (GreatSchools Rating 5/10), Jason Lee Middle School (GreatSchools Rating 3/10), Mason Middle School (GreatSchools Rating 6/10), Tacoma Open Doors (GreatSchools Rating 1/10), Stadium High School (GreatSchools Rating 7/10), Tacoma School of the Arts (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $10,767 (source: MLS/based on county public records data).
The last sale was on July 1, 2019 for $840,000 (source: MLS/tax record).
The property at 801 Martin Luther King Jr Way has 0 bathroom.
The property 801 Martin Luther King Jr Way is 4,920 SqFt (source: MLS/tax record).
The year of construction for 801 Martin Luther King Jr Way is 1931.
This home is located at 801 Martin Luther King Jr Way in Tacoma, WA and zip code 98405. This 4,920 square foot home, which was built in 1931, sits on a 0.07 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $1,095,000.
Tacoma, WA housing market in May 2025 saw over 157 listings sold above listed price, more than 94 sold at listed price and over 79 sold below. The inventory of homes for sale in Tacoma, WA between April and May 2025 increased by 14.9%. The median list price of listings available in May 2025 was $489,650, while the average time on the real estate market was 25 days.
From Rocket Homes Real Estate and based on county public records data.