Central Tacoma Homes with 55 - 5-9 Units Style

Central Tacoma Homes with 55 - 5-9 Units Style

Welcome to Central Tacoma, a vibrant neighborhood nestled in the heart of Tacoma, Washington. Known for its rich history and diverse community, Central Tacoma offers a unique blend of urban convenience and suburban charm. With its tree-lined streets, historic architecture, and an array of local amenities, this neighborhood is perfect for those seeking a lively yet welcoming atmosphere.

Central Tacoma boasts a variety of homes, including the sought-after 55 to 59-unit style residences. These homes are designed to accommodate modern living while maintaining a sense of community. With spacious layouts and thoughtful designs, these residences provide ample room for families, young professionals, and retirees alike. Many of these homes feature contemporary finishes, open floor plans, and outdoor spaces, making them ideal for entertaining or simply enjoying the beautiful Pacific Northwest weather.

The neighborhood is also known for its accessibility. Central Tacoma is conveniently located near major highways and public transportation, making it easy to explore the greater Tacoma area or commute to nearby cities. Residents can enjoy a plethora of local parks, coffee shops, and restaurants, as well as cultural attractions such as the Museum of Glass and the LeMay - America’s Car Museum.

Whether you're drawn to the historic charm, the vibrant community spirit, or the array of housing options, Central Tacoma is a neighborhood that truly has something for everyone. Come discover your new home in this dynamic and inviting part of Washington!

Newest Central Tacoma Homes with 55 - 5-9 Units Style

$2,400,000
2485504 MLS ACTIVE Status
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.

1319 S 9 Street, Tacoma

Listing courtesy of Keasy Property Management.

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