WA > Tacoma > Central Tacoma
Tacoma, WA 98405,1040 S Ferry ST
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Tacoma, WA 98405,1040 S Ferry ST
Tacoma, WA 98405,1040 S Ferry ST
Tacoma, WA 98405,1040 S Ferry ST
Tacoma, WA 98405,1040 S Ferry ST
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Mike Stover

Mike Stover

+1(206) 999-7065
Listed by LPT Realty LLC
$ 1,100,000
Est. payment /mo
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1040 S Ferry ST Tacoma, WA 98405

8 Beds

4 Baths

3,688 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,688 sqft

Price per Sqft $298

Subdivision Central Tacoma

MLS Listing ID 2440111

Style 54 - 4-Plex

Bedrooms 8

Year Built 1973

Annual Tax Amount $10,659

Lot Size 6,000 Sqft

Property Sub-Type Multi Family

Property Description

Fantastic Central Tacoma investment opportunity! This well-maintained 4-plex features four 2-bedroom, 1-bath units—each with hardwood flooring throughout the living space and kitchen, plus stylishly updated kitchens. Recent improvements include a newer roof, fresh paint, and renovations within the past five years, making this a true turnkey property. With a 5.5% cap rate and 0% current vacancy, this is a rock-solid addition to any portfolio. Tenants enjoy a community garden and easy access to shopping, Allenmore Golf Course, local parks, and schools. Showings available only after mutual agreement—please do not disturb tenants.

Location

State WA

County Pierce

Area 26 - Central Tacoma

Interior

Flooring Ceramic Tile, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved

Sewer Sewer Connected

Water Community

New Construction No

Schools

Elementary Schools Bryant

Middle Schools Hilltop Heritage Middle

High Schools Foss

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA

Listing Terms Cash Out, Conventional, FHA

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Mike Stover

Mike Stover

Broker

+1(206) 999-7065

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1040 S Ferry ST