1040 S Ferry ST new to site Save Request In-Person Tour Request Virtual Tour
Tacoma,WA 98405
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