1319 S 9 Street, Tacoma, WA 98405

Tacoma
Local realty services provided by:Knipe Realty ERA Powered
Listed by: liat arama
Office: keasy property management
MLS#:2485504
Source:NWMLS
1319 S 9 Street,Tacoma, WA 98405
$2,400,000
  • - Beds
  • - Baths
  • 9,042 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$265.43

About this home

Sheridan Apartments | 9-Unit Fully Renovated Multifamily | 100% Occupied | $122,921 NOI Rare opportunity to acquire a fully stabilized, turnkey 9-unit asset in the heart of Central Tacoma. Sheridan Apartments offers immediate in-place cash flow with $194,000 gross income and $122,921 NOI, delivering strong performance from day one. This early 1900s Craftsman property has been extensively renovated, including fully updated interiors and a major electrical upgrade. There is no deferred maintenance, making this an ideal solution for investors seeking a low-management, quality asset. The diverse unit mix includes 2 detached homes, 5 apartment units, and 2 townhomes, creating strong tenant appeal and income stability. The property is 100% occupied and has demonstrated significant rent growth over the past several years, reflecting both operational strength and Tacoma’s expanding rental market. Located in Central Tacoma with a Walk Score of 86, the property benefits from...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1926
  • Listing ID #:2485504
  • Updated:June 18, 2026 at 06:43 PM

Rooms and interior

  • Living area:9,042 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1926
  • Building area:9,042 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Corner
  • Construction Materials:Wood Exterior Finish

Schools

  • High school:Stadium
  • Middle school:Hilltop Heritage Middle
  • Elementary school:Bryant

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$265.43
  • Tax amount:$21,867 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 18, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

New listings near 1319 S 9 Street