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Coldwell Banker Bain
723 S Sheridan Avenue, Tacoma, WA 98405
- $1,100,000
- 2,624
- SqFt
Listing Broker: Windermere RE West Sound Inc.; Rebecca Johnson; 253-227-8579; rebeccajohnson@windermere.com
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- 2593878
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,624
- Area Total SqFt
- 2624
- Annual Tax Ammount
- 6262
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 2,025
- Sewer
- Sewer Connected
Property Description
Looking for a like-new, turn-key, income producing property? Look no further! This gorgeous triplex was fully remodeled just 2 years ago, and has rented consistently since! All new electrical, plumbing, insulation, roof, windows, quartz counters, solid soft close cabinets, etc. Shorter term traveling nurse housing has been great because of the proximity to St Joseph and Mary Bridge hospitals, and longer term tenants flock as well! Fully furnished from sofas to silverware, the tenants need bring nothing but their clothes! Each unit is a 3 bed 1 bath with it's own washer/dryer. Bunk beds make for comfortable extra sleeping space, and the super-cute design touches throughout make this a magnet for renters. Loads of street parking on the corner lot. Ask your agent about rental details. Live in one unit and rent the others, the possibilities are endless for this sweet triplex.
Additional Information
- List Date
- 2026-10-13 13:11:11
- Community
- Hilltop
- Net Operating Income
- $51,850
- Gross Adjusted Income
- $51,850
- Gross Scheduled Income
- $75,600
- Total Monthly Income
- $6,300
- Insurance Expenses
- $4,258
- Water/Sewer/Garbage Expenses
- $3,000
- Gross Rent Multiplier
- 14.55
- Total Expenses
- $23,720
- Cap Rate
- 4.7
- Total Number of Units
- 3
- Unit Name
- 723
- Potential Terms
- Cash, Conventional, VA Loan
- Year Built
- 1923
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, Gas Available, High Speed Internet
- Electric Expenses
- 9000
- Other Expenses
- 1200
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,300
- Gross Scheduled Income
- $75,600
- Gross Adjusted Income
- $51,850
- Tax Year
- 2026
- Insurance Expense
- $4,258
- W/S/G Expenses
- $3,000
- Total Expenses
- $23,720
- Net Operating Income
- $51,850
- Gross Rent Multiplier
- 14.55
- Cap Rate
- 4.7
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.