719 S Sheridan Avenue, Tacoma, WA 98405
- $950,000
- 2,716
- SqFt
Listing courtesy of Realty One Group Turn Key. Selling Office: Real Broker LLC.
- Sold Price
- $950,000
- List Price
- $995,000
- Status
- SOLD
- MLS#
- 2484518
- Closing Date
- Apr 29, 2026
- Days on Market
- 30
- Style
- 53 - Tri-plex
- Building Condition
- Very Good
- Finished SqFt
- 2,716
- Area Total SqFt
- 2716
- Annual Tax Ammount
- 6435
- Internet Provider
- Lightcurve
- Lot Size (sq ft)
- 2,512
- Sewer
- Sewer Connected
Property Description
Fully remodeled & furnished Craftsman triplex in Hilltop. Renovated in 2022 with new roof, plumbing, electrical, panels, water heaters, appliances, flooring, sheetrock, lighting, wall heaters, & more cosmetic updates. Property includes over $60,000 in furnishing, creating immediate opportunity for mid-term, short-term, or traditional rental use. Apartment 1 (lower level) features 3 beds & 1 bath with spacious quartz kitchen, stainless steel appliances, 8ft ceilings, private outdoor seating area & in-unit laundry. Currently leased at $2,100 per month through 7/16/26. Apartment 2 (middle level) offers 3 beds, 1.5 baths, beautiful open living, quartz kitchen with large island, stainless appliances, added half bath, covered front deck, fenced yard, & in-unit laundry. Leased at $2,500 per month through 5/14/26. Apartment 3 (top level) showcases 3 beds, 1.5 baths, vaulted ceilings, designer finishes, remodeled kitchen & bath with unique tile work, in-unit laundry, exterior storage, & is currently vacant for owner occupancy or premium rental potential.All units include private washer & dryer in-unit, and all appliances are included. Sale includes extensive furnishings, linens, dishware, décor, & household essentials, providing true turnkey rental readiness. Prime Hilltop location near major hospitals, 6th Ave, Stadium District, UPS, & Tacoma Dome supports strong rental demand & historically low vacancy. Ideal opportunity for investor, house-hack buyer, or furnished rental portfolio.
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Additional Information
- List Date
- 2026-03-30 00:00:00
- Community
- Tacoma
- Net Operating Income
- $62,231
- Gross Adjusted Income
- $80,940
- Gross Scheduled Income
- $85,200
- Total Monthly Income
- $7,100
- Insurance Expenses
- $3,474
- Water/Sewer/Garbage Expenses
- $6,640
- Gross Rent Multiplier
- 11.68
- Total Expenses
- $18,709
- Cap Rate
- 6.25
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 719
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1923
- Roof
- Composition
- Site Features
- Fenced-Fully, Gas Available
- Electric Expenses
- 2160
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Elementary School
- Bryant
- Middle School
- Hilltop Heritage Middle
- High School
- Stadium
- Total Monthly Income
- $7,100
- Gross Scheduled Income
- $85,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $80,940
- Tax Year
- 2026
- Insurance Expense
- $3,474
- W/S/G Expenses
- $6,640
- Total Expenses
- $18,709
- Net Operating Income
- $62,231
- Gross Rent Multiplier
- 11.68
- Cap Rate
- 6.25
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.