723 S Sheridan Ave Tacoma, WA 98405
723 S Sheridan Ave Tacoma, WA 98405 | MLS® 2593878 Photo 1
723 S Sheridan Ave Tacoma, WA 98405 | MLS® 2593878 Photo 2
723 S Sheridan Ave Tacoma, WA 98405 | MLS® 2593878 Photo 3
723 S Sheridan Ave Tacoma, WA 98405 | MLS® 2593878 Photo 4
723 S Sheridan Ave Tacoma, WA 98405 | MLS® 2593878 Photo 5

Listing Office

Office Windermere Re West Sound Inc.
Active
$1,100,000

723 S Sheridan Ave Tacoma, WA 98405

Multi Family Property Type
2,624 Sq. Ft.
1923 Year Built
Pierce County
View All Property Details
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. Furnish Finder listings paid through August 2027!
MLS® # 2593878
Monthly HOA N/A
On Site Not Available
Last Updated 10/15/2026

Contact Agent

Oyhut Bay Realty

Oyhut Bay Realty

(360) 505-0920

Property Details

Community Information

Address 723 S Sheridan Ave, Tacoma, WA 98405
County Pierce
City Tacoma
Subdivision Hilltop
Zip Code 98405

School Information

School District Tacoma
High School Buyer To Verify
Middle School Buyer To Verify
Elementary School Buyer To Verify

Architecture

Year Built 1923
Stories 3
Construction Materials Cement, Wood
Possible Use Multi-Family
Building Style Tri-plex
Roof Composition
Foundation Slab

Features / Amenities

Flooring Vinyl Plank
Exterior Features Cement/Concrete, Wood
Security Features Fully Fenced
Site Features Deck, Fenced-Fully, Gas Available, High Speed Internet
Cooling Window Unit(s)
Heating Baseboard

Property Features

Lot Size 0.05 Acres
Lot Features Corner Lot, Curbs, Paved, Sidewalk
Sq.Ft. Size 2624
Lot Sq.Ft. Size 2025
Sewer Sewer Connected
Water Public
Zoning Multi-Family
Directions GPS is accurate

Tax and Financial Info

Tax Year 2026
Tax Annual Amount $6,262
Electric Expense $9,000
Insurance Expense $4,258
Net Income $58,680
Listing Terms Cash, Conventional, VA Loan
Total Monthly Income $6,867
Net Operating Income $58,680
Total Expenses $23,720
Offers Seller intends to review offers upon receipt
Possession Closing

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723 S Sheridan Ave Tacoma, WA 98405 | MLS® 2593878
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2026. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Oyhut Bay Realty and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on October 15, 2026 at 5:45 PM PST.

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