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    11108 Sheridan Ave S Tacoma, WA 98444

    For Sale
    $1,150,000

    Four-unit residential building with hardwood floors in high-density area.

    Property size:
    2,880 SF
    Lot size:
    0.30 Acres

    Property Features for 11108 Sheridan Ave S

    General Information

    Size
    2,880 SF
    Lot size
    0.30 Acres

    Building Details

    Year built
    1958

    Source: Better Properties N. Proctor Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Multifamily Investment Property

    This is a brick four-plex, a multi-unit residential property consisting of one building with four addresses. Located in a high-density area, this property offers an investment opportunity. The units feature real hardwood floors underneath the current manufactured wood flooring. The property size is 2,880 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.453106
    Latitude
    47.1559427

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    FAQs

    What type of property is this?
    Quadplex - Four-unit residential building with hardwood floors in high-density area.
    Where is this quadplex located?
    The property is located at 11108 Sheridan Ave S Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Attractive multi-unit residential property, great for investors!; - Four individual units in a single building, offering immediate rental income potential.; - Located in a high-density area, suggesting strong rental demand.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11108 Sheridan Ave S Tacoma, WA 98444
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