1912 Martin Luther King Jr Way, Tacoma, WA, 98405
About This Home
Rare opportunity to own an updated Tacoma 2-story with possible future detached ADU opportunity, this adds exceptional flexibility and future upside! Per City of Tacoma Land Use, detached ADU potential and running your own commercial business out of this location has been confirmed subject to buyer verification, permitting, and development requirements. Ideal for investors, multigenerational living, rental income, house-hacking and commercial business opportunities. Live in the main house while building DADU! This move-in ready 3 bed, 2.5 bath home features a beautifully redesigned European-inspired kitchen with rich wood countertops, terracotta-style tile backsplash, custom vent hood, fresh interior/exterior paint, updated lighting, bamboo flooring, remodeled baths, and serviced HVAC. Enjoy a private fully fenced backyard with new cedar fencing plus a versatile detached shop offering excellent flex-space potential. Conveniently located minutes to downtown Tacoma, Tacoma Link light rail, parks, shops, waterfront attractions, and local favorite Fish House Cafe.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 2002
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Cement Planked,Wood Siding,Wood Products,Cement Plank
Notable Dates
- Major remodel year: 2006
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,2 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Stairway Closet
Basement
- Basement: None
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Dining Room
- Level: Main
Entry Hall
- Level: Main
Features
- Bath Off Primary,Dining Room
- Window features: Dbl Pane/Storm Window,Skylight(s)
- Flooring: Bamboo/Cork,Laminate,Vinyl
Heating & Cooling
- Heating features: Forced Air,Electric,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Other
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 2019220030
- Zoning: TAC
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Skylight(s),Water Heater
- Has view: Yes
- View description: Territorial
- Topography of land: Level
- Residential vegetation: Garden Space
Lot
- Lot size: 3,249 sqft
- Features: Paved,Sidewalk,Cable TV,Deck,Fenced-Fully,Gas Available,Shop
- Lot size dimensions: 130' x 25'
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Pierce County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,222 | $26,664 |
| Home Insurance * | $122 | $1,464 |
| Property Taxes | $391 | $4,692 |
| Electricity | $149 | $1,793 |
| Total | $2,884 | $34,608 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $439,500 |
| 2026-07-27 | Price change | $449,500 |
| 2026-07-03 | Price change | $454,950 |
| 2026-06-01 | Price change | $474,950 |
| 2026-05-14 | Listed for sale | $489,950 |
| 2017-10-02 | Listing removed | $224,950 |
| 2017-10-02 | Listed for sale | $224,950 |
| 2017-09-29 | Sold | $231,700 |
| 2017-08-06 | Pending sale | $224,950 |
| 2017-08-03 | Price change | $224,950 |
| 2017-07-17 | Price change | $229,950 |
| 2017-07-05 | Price change | $239,950 |
| 2017-06-24 | Listed for sale | $249,000 |
| 2014-04-22 | Listing removed | $1,200 |
| 2014-02-22 | Price change | $1,200 |
| 2014-02-12 | Listed for rent | $1,150 |
| 2013-02-14 | Listing removed | $1,200 |
| 2013-01-22 | Listed for rent | $1,200 |
| 2012-05-07 | Listing removed | $1,200 |
| 2012-03-21 | Listed for rent | $1,200 |
| 2007-08-31 | Sold | $195,000 |
| 2003-07-25 | Sold | $130,000 |
| 2002-05-01 | Sold | $10,000 |
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