$2,400,000
1319 S 9 Street S, Tacoma, WA 98405
9,042 Sq Ft
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1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405
1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405 1319 S 9 Street S, Tacoma, WA 98405

MLS #2485504 / Listing provided by NWMLS .

$2,400,000

1319 S 9 Street S
Tacoma, WA 98405

Active 23 hours ago
9,042
Sq Ft
$265
Per Sq Ft
1926
Year Built

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 proximity to JBLM, major healthcare employers, and multiple higher education campuses. JBLM alone supports over 52,000 employees with substantial off-base housing demand, reinforcing long-term rental stability. Whether completing a 1031 exchange or adding a stabilized asset to your portfolio, Sheridan Apartments provides immediate income, renovation quality, and long-term upside in one of Washington’s most supply-constrained markets.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 0
  • Total Uncovered Parking Spaces: 0

Structure

  • Roof: Flat
  • Exterior Features: Wood

Lot Details

  • Lot Features: Corner Lot
  • Acres: 0.2238
Area Features

Schools

  • High School District: Tacoma
  • High School: Stadium
  • Middle School: Hilltop Heritage Middle
  • Elementary School: Bryant

Lot Details

  • Lot Features: Corner Lot
  • Acres: 0.2238
Utilities

Power

  • Energy Source: Electric
  • Power Company: TPU

Water, Sewer, and Garbage

  • Sewer Company: City of Tacoma Sewer
  • Sewer: Available
  • Water Company: TPU
  • Water Source: Public
  • Water, Sewer, and Garbage: 16084
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Susan Perez

Susan Perez
Broker | REALTOR®

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