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About the Listing 10334 - 147878
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.
Listing Highlights for 1040 S Ferry St
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
2440111
Year Built
1973
Total Square Footage
3,688
Lot/Acreage
0.14
County
Pierce
Neighborhood
Central Tacoma
Area
26 - Central Tacoma
School District
Tacoma
Elementary School
Bryant
Middle School
Hilltop Heritage Middle
High School
Foss
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Laminate,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Tacoma Public Utility
Exterior Details
- Lot Description: Alley,Curbs,Paved,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: Multi-Family
- Roof: Composition
- Others: Brick,Wood,Very Good
- Sewer: Tacoma Public Utility
Financial Details
- Tax Amount: $10,659
- Taxes w/Assessments: N/A
- Tax/Property ID: 3590000120
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
1040 S Ferry St Tacoma, WA 98405
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