06/27/2026
๐ข INVESTOR ALERT: North Tacoma 4-Plex Offered at $785,000
๐ฐ Income-Producing Property in One of Tacoma's Most Desirable Neighborhoods!
Located in the sought-after North End, 1102 N Sheridan Ave, Tacoma, WA, this 4-unit multifamily property offers investors the perfect combination of current cash flow, future upside, and long-term appreciation potential.
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Offered at $785,000
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4 Rental Units
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Gross Rental Income: $6,400/month
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Prime North Tacoma Location
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Near Proctor District, Ruston Way & Point Defiance
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Strong Rental Demand Area
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Value-Add Opportunity Through Future Rent Growth
๐ At current rents, this property generates approximately $76,800 in annual gross income, with potential to increase value through strategic rent optimization.
Whether you're a seasoned investor, completing a 1031 exchange, or looking to purchase your first multifamily property, this is an opportunity worth exploring.
๐ฅ Investor Insight: Every $100 increase in monthly rents can add approximately $17,500 in value based on current market cap rates.
๐ 1102 N Sheridan Ave
Tacoma, WA 98403
๐ Rashan Clark
Real Estate Broker | ANB Homes
253-861-3611
๐ง [email protected]