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Map
Listed by: David Schaub, Realty One Group Turn Key, 253-756-7200, Listing Courtesy of NWMLS
$975,000
●
Multifamily -
Off Market
723 S Sheridan
Tacoma, WA 98405
Studio
0 Bath
$5,137
Estimated Monthly
0.92%
Cap Rate
About This Property
Turn-Key 3 unit currently used as short-term rental, each unit has
been remodeled and furnished top to bottom to provide the best
possible guest experience. All units are 3 bed / 1 bath, with
in unit laundry, high end kitchens and bathrooms, and extra design
features unique to each unit. Over 100 total 5-star reviews,
in the last 30 days over 80% occupancy, average of $2,602 income
per unit not including cleaning fees, building is professionally
managed and can easily be transferred to a new owner without any
interruptions. All new electrical, plumbing, insulation,
roof, windows, quartz counters, solid soft close cabinets, etc, no
maintenance issues for a long time, corner lot for plenty of
available parking.
Unit Size
-
Days on Market
69 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$472
HOA Dues
-
Year Built
1923
Last updated: 30 days ago (NWMLS #NWM2211031)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 23, 2024 | Sold | $975,000 | |
Sold | |||
Mar 20, 2024 | In contract | - | |
In contract | |||
Mar 15, 2024 | Listed by Realty One Group Turn Key | $950,000 | |
Listed by Realty One Group Turn Key | |||
Dec 21, 2020 | Sold | $370,000 | |
Sold | |||
Jan 30, 2020 | Sold to Properties Llc Olevit | $250,000 | |
Sold to Properties Llc Olevit |
Property Highlights
Interior Details
Interior Information
Flooring Type: Vinyl Plank
Exterior Details
Property Information
Square Footage Source: Floorplans
Style Code: 53 - Tri-plex
Property Type: Residential Income
Property Sub Type: Multi-Family
Year Built: 1923
Year Built Effective: 2000
Energy Source: Electric, Natural Gas
Building Information
Structure Type: Triplex
Building Area Total: 3196
Building Area Units: Square Feet
Site Features: Deck, Fenced-Fully, Gas Available
Roof: Composition
Exterior Information
Exterior Features: Cement/Concrete, Wood
Lot Information
Lot Size Source: Floorplans
Zoning Jurisdiction: City
Lot Features: Corner Lot, Curbs, Paved, Sidewalk
Lot Size Acres: 0.0465
Lot Size Square Feet: 2025
Elevation Units: Feet
Land Information
Water Source: Public
Financial Details
Tax Year: 2024
Tax Annual Amount: $5,664
Utilities Details
Water Source: Public
Water Company: TPU
Power Company: TPU
Sewer Company: TPU
Cooling: Yes
Heating: Yes
Sewer : Sewer Connected
Location Details
Directions: Take Sprague Ave heading North, turn right on S 8th St, house is on the left.
Other Details
On Market Date: 2024-03-15
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
5
Beds
3
Baths
-
$992,500
Mar 7, 2024
$992,500
Apr 26, 2024
$790/mo
House
8
Beds
3
Baths
-
$900,000
Mar 29, 2024
$900,000
May 24, 2024
$624/mo
House
5
Beds
2
Baths
-
$794,000
Apr 4, 2024
$794,000
Apr 19, 2024
$614/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
723 South Sheridan Avenue
723 South Sheridan Avenue, Tacoma, WA 98405
- 1 Unit for Sale
![723 South Sheridan Avenue](https://photos.realtyhop.com/p/s/990x990/29991093_38a658ee1dee8992653053b8206f816792d2135caf824d0bca3016275ba85a77.webp)