1014 1016 Martin Luther King Jr Way, Tacoma, WA 98405
OFF MARKET
Listed by Richard A. Clauson, Commercial Advantage, LLC, (253) 383-8800 . Bought with Skyline Properties, Inc.

1014 1016 Martin Luther King Jr Way
Tacoma, WA 98405

New Tacoma
  • 10 Beds
  • 10 Baths
  • 10 Beds
  • 10 Baths

$1,781,200

Trulia Estimate
as of Apr 25, 2024
Est. Refi. Payment $10,908/mo*

Homes for Sale Near 1014 1016 Martin Luther King Jr Way

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from July 21, 2021
Mixed-use building in an area on the upswing. New Tacoma Link light rail stop going in right in front of the building, tracks already laid. 2 retail spaces on street level and 10 1-bedroom, 1-bath apartments on the 2nd floor, with one storage facility. County records show the 'effective year built' as 1985; however, there was a major remodel/update on the property in 2007.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Last check for updates: about 12 hours ago
Listed by Richard A. Clauson
Commercial Advantage, LLC
Bought with: Xenia Maynard, Skyline Properties, Inc.
Source: NWMLS, MLS#1692384

Home Details for 1014 1016 Martin Luther King Jr Way

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 10
Appliances & Utilities
Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
Heating & Cooling
Heating: BaseboardAir Conditioning: BaseboardHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Concrete, Vinyl
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Concrete, Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: FlatFoundation: Block
Parking & Garage
No CarportNo Open Parking
Frontage
Road Frontage: AlleyNot on Waterfront
Water & Sewer
Sewer: Sewer Connected
Farm & Range
Does Not Include Irrigation Water Rights
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1911
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: Multi Family
Building
Construction Materials: Brick, Wood Siding
Property Information
Usage of Home: Multi-Family, RetailParcel Number: 2010220030

Price & Status

Price
List Price: $1,950,000
Status Change & Dates
Off Market Date: Fri Jul 09 2021Possession Timing: Close Of Escrow

Location

Direction & Address
City: TacomaCommunity: Tacoma
School Information
High School District: Tacoma

Community

Not Senior CommunityUnits in Building: 12

Lot Information

Lot Area: 6499.152 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash Out

Miscellaneous

Mls Number: 1692384Offer Review: Seller intends to review offers upon receipt

Additional Information

Mlg Can View

Price History for 1014 1016 Martin Luther King Jr Way

DatePriceEventSource
07/09/2021$1,911,000Sold
NWMLS #1692384
01/15/2021ListingRemovedNWMLS
01/05/2021$1,950,000PriceChange
Agent Provided
12/24/2020$2,200,000PendingToActiveAgent Provided
11/25/2020$2,200,000PendingAgent Provided
11/23/2020$2,200,000Listed For SaleAgent Provided

Comparable Sales for 1014 1016 Martin Luther King Jr Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.27
Multi-Family Home
$1,300,000
05/22/23
10
10
5,680
0.12
Multi-Family Home
$2,175,000
09/01/23
17
14
10,065
0.86
Multi-Family Home
$1,655,000
08/01/23
12
10
5,850
0.30
Multi-Family Home
$540,000
05/09/23
6
4
2,558
0.67
Multi-Family Home
$1,097,000
07/26/23
7
4
2,950
0.90
Multi-Family Home
$1,249,000
03/29/24
8
4
3,744
0.24
Multi-Family Home
$515,000
06/29/23
3
2
1,390
0.17
Multi-Family Home
$600,000
09/13/23
5
2
2,040

Assigned Schools

These are the assigned schools for 1014 1016 Martin Luther King Jr Way.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about New Tacoma

  • Trulia User
    "If you know the area well enough it’s pretty easy getting around. I can get to most places I need between 10-20 minutes."
    0
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  • Trulia User
    "Crime, fear uneasy expenses. There is a little mini mart and a park down th road. Graffiti, Highly used road put right next to us."
    4
    Flag
  • Trulia User
    "I work from home. But in Tacoma? I hate the roads w/o stops signs or even yield signs. its scary. Everyone thinks they have the right away and What makes it worse is that people park all the way up to the curb so you cannot see around the vehicle to see if other vehicles are coming."
    1
    Flag
  • Trulia User
    "Great walking neighborhood to everything you need but recently has not been the safest. I hope changes will make it a better place again. "
    3
    Flag
  • Trulia User
    "It's a very walkable neighborhood with nice views, good neighbors and beautiful apartments. I really love living here in a very diverse community. "
    0
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  • Trulia User
    "All the busses connect so you can get anywhere from here. Due to that fact, the busses are usually always crowded."
    0
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  • Trulia User
    "Quick drive to the port! 10 minutes nice and smooth. Love living here. It’s the best. Thanks Vista Del Rey"
    0
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  • Trulia User
    "Keep your dogs indoors as much as possible. Its nice to take them out to walk but don’t leave them out by themselves "
    0
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  • Trulia User
    "great community pleasant people dntwn around happy hour kid and pet friendly some areas to avoid but nothing to scare urself with just the homeless here and there like in any of city not as bad as most...."
    0
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  • Emma L.
    "it has a quiet city vibe. it is lively and energetic but not overwhelmingly busy or crowded. it is small enough that you can recognize your neighbors but big enough to see new faces"
    13
    Flag
  • Brad E.
    "It is easy to get around and going to work the drive is very good. There is times that the traffic is heavy but even then it is not hard to get around. "
    0
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  • Misslana77
    "I’ve not encountered anything more than car prowling or homeless dumpster diving in my area. That is a major issue in this region so it’s to be expected. "
    1
    Flag
  • Cassandra L.
    "Perennial construction. Electric orange compliments all four seasons. Also super walkable to all the essentials like restaurants/bars, grocery stores, spas, and antique shops."
    1
    Flag
  • Misslana77
    "Other than constant construction and terrible roads, the traffic in my neighborhood is bearable. Having 705, 16 and 509 on the outskirts is quite convenient. "
    0
    Flag
  • 27truckher
    "I believe the area is much better than it used to b say 7-8 yrs ago but is still filthy & not too man clean areas for shopping mostly old stores with a lot of riff raft around"
    4
    Flag
  • Michael S.
    "Wright park is very close, very dog friendly. A spacious park for all dogs and their owners. I’m good"
    2
    Flag
  • Jared C.
    "Close to a hospital, has some good parks around. Really an urban area though and a decent populace of homeless people"
    2
    Flag
  • Karen Y.
    "Rad community. Great bars. Hot people, weathers not bad, up and coming communities with fashion sense."
    0
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  • Olivia G.
    "people keep to themselves no drama and not alot of crime. and close to everything so its convenient "
    16
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  • Cdrushweems
    "it's the heart of culture a simple city lifestyle at best. Great food good people and amazing sights. Tacoma has the potential to be home to anyone with scenic views and city lights it's the best of both worlds."
    3
    Flag
  • Deborah S.
    "I've been in this area for 3 years.. It's not unique.. it's a busy area.. downtown.. first time living in the downtown area of a city.. "
    4
    Flag
  • Aelcor
    "Good neighborhood. Very close to the park. Also close to the city and shops. The area is very peaceful. I’ve always felt safe here. "
    0
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  • Lonnie R.
    "City & Mountain View. It’s a great city living feel. So many positive changes underway in the neighborhood. "
    0
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LGBTQ Local Legal Protections

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.

Homes for Rent Near 1014 1016 Martin Luther King Jr Way

Off Market Homes Near 1014 1016 Martin Luther King Jr Way

1014 1016 Martin Luther King Jr Way, Tacoma, WA 98405 is a 10 bedroom, 10 bathroom multi-family built in 1911. 1014 1016 Martin Luther King Jr Way is located in New Tacoma, Tacoma. This property is not currently available for sale. 1014 1016 Martin Luther King Jr Way was last sold on Jul 9, 2021 for $1,911,000 (2% lower than the asking price of $1,950,000). The current Trulia Estimate for 1014 1016 Martin Luther King Jr Way is $1,781,200.