$1,100,000
1040 S Ferry Street, Tacoma, WA 98405
3,688 Sq Ft
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1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405 1040 S Ferry Street, Tacoma, WA 98405
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MLS #2440111 / Listing provided by NWMLS .

$1,100,000

1040 S Ferry Street
Tacoma, WA 98405

Active 23 hours ago
3,688
Sq Ft
$298
Per Sq Ft
1973
Year Built

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.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Parking Total: 10
  • Uncovered Parking Spaces: 10
  • Open Parking Spaces: 10

Structure

  • Roof: Composition
  • Exterior Features: Brick, Wood
  • Foundation: Slab

Lot Details

  • Lot Features: Alley, Curbs, Paved
  • Acres: 0.1377
  • Foundation: Slab
Area Features

Schools

  • High School District: Tacoma
  • High School: Foss
  • Middle School: Hilltop Heritage Middle
  • Elementary School: Bryant

Lot Details

  • Lot Features: Alley, Curbs, Paved
  • Acres: 0.1377
  • Foundation: Slab
Utilities

Power

  • Energy Source: Electric
  • Power Company: Tacoma Public Utility

Water, Sewer, and Garbage

  • Sewer Company: Tacoma Public Utility
  • Sewer: Sewer Connected
  • Water Company: Tacoma Public Utility
  • Water Source: Community
  • Water, Sewer, and Garbage: 0
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Packy and Kari Rieder

Packy and Kari Rieder
Broker | REALTOR®

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