Sold

Listed by: Realty One Group Turn Key • David Schaub

Bought with: Windermere RE West Sound Inc.

$975,000

723 S Sheridan Avenue, Tacoma, WA 98405

9beds

3baths

3,196sqft

Triplex, Multi Family

Built in 1923

-- sqft lot

$875,100 Zestimate^®

$305/sqft

$1,893 Estimated rent

Home value

$875,100

$831,000 - $919,000

$1,893/mo

Zestimate^® history

Owner options

List your home for rent

$1,893/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,893/mo

Rent Zestimate^®

Refinance and save

$6,051/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$6,051/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Solid soft close cabinetsQuartz countersHigh end kitchens

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3

Heating

Baseboard, Electric, Natural Gas

Cooling

Window Unit(s)

Features

Flooring: Vinyl Plank
Has fireplace: No

Interior area

Total structure area: 3,196
Total interior livable area: 3,196 sqft

Property

Lot

Size: 2,025 Square Feet
Features: Corner Lot, Curbs, Paved, Sidewalk, Deck, Fenced-Fully, Gas Available

Details

Parcel number: 2007270090
Zoning description: Multi-Family,Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Tri-plex
Property subtype: Triplex, Multi Family

Materials

Cement/Concrete, Wood Siding
Foundation: Poured Concrete, Slab
Roof: Composition

Condition

Year built: 1923
Major remodel year: 2000

Utilities & green energy

Electric: Company: TPU
Sewer: Sewer Connected, Company: TPU
Water: Public, Company: TPU
Utilities for property: Comcast

Community & HOA

Community

Subdivision: Hilltop

Location

Region: Tacoma

Financial & listing details

Price per square foot: $305/sqft
Tax assessed value: $560,200
Annual tax amount: $5,664
Date on market: 1/24/2026
Cumulative days on market: 179 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
5/23/2024	Sold	$975,000+2.6%$305/sqft
Source: NWMLS as distributed by MLS GRID #2211031 Report a problem
3/20/2024	Pending sale	$950,000$297/sqft
Source: NWMLS as distributed by MLS GRID #2211031 Report a problem
3/15/2024	Listed for sale	$950,000+156.8%$297/sqft
Source: NWMLS as distributed by MLS GRID #2211031 Report a problem
12/21/2020	Sold	$370,000-1.3%$116/sqft
Source: NWMLS as distributed by MLS GRID #1681436 Report a problem
10/27/2020	Pending sale	$374,950$117/sqft
Source: Sterling Johnston Real Estate #1681436 Report a problem
10/23/2020	Price change	$374,950-6.3%$117/sqft
Source: Sterling Johnston Real Estate #1681436 Report a problem
9/15/2020	Price change	$399,950-4.8%$125/sqft
Source: Sterling Johnston Real Estate #1646259 Report a problem
8/27/2020	Price change	$419,950-3.4%$131/sqft
Source: Sterling Johnston Real Estate #1646259 Report a problem
8/20/2020	Pending sale	$434,950$136/sqft
Source: Sterling Johnston Real Estate #1646259 Report a problem
8/13/2020	Listed for sale	$434,950+74%$136/sqft
Source: Sterling Johnston Real Estate #1646259 Report a problem
1/30/2020	Sold	$250,000$78/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,097 +7.6%	$560,200 +10.1%
2023	$5,664 +18.7%	$508,900 +10.7%
2022	$4,773 +5.2%	$459,600 +16.2%
2021	$4,535 +26.8%	$395,400 +27.7%
2019	$3,576 -51.4%	$309,600 +12.5%
2018	$7,356 +16.4%	$275,100 +28.9%
2017	$6,318 +144.4%	$213,500 +34%
2016	$2,585	$159,300 +7.2%
2014	$2,585 +12.5%	$148,600 +7.4%
2013	$2,297	$138,300 +5.7%
2012	--	$130,800 -13.1%
2011	--	$150,600 +3.8%
2010	--	$145,100 -11.6%
2009	--	$164,100 -6.7%
2008	$2,169 +0%	$175,800 -5.1%
2007	$2,169 +57.4%	$185,200 +130.3%
2002	$1,378 +2.3%	$80,400
2001	$1,346	$80,400 +4.8%
2000	$1,346	$76,700