WA > Tacoma > Central Tacoma
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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Josh Barnard

Josh Barnard

+1(253) 677-5765
Listed by LPT Realty LLC Joseph Stone 
$1,100,000
Est. payment /mo
8 Beds
4 Baths
6,000 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Central Tacoma

MLS Listing ID 2441870

Style 60 - Comm Bldg Und 10K

Bedrooms 8

Year Built 1973

Annual Tax Amount $10,659

Lot Size 6,000 Sqft

Property Sub-Type Commercial Industrial

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

Roof Type Composition

Building

Sewer Sewer Connected

Water Community

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
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Josh Barnard

Josh Barnard

+1(253) 677-5765

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