Listing Office: Lpt Realty Llc Northwest Multiple Listing Service Logo

1040 S Ferry Street, Tacoma, WA

$1,100,000

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0.14

Acres

About 1040 S Ferry Street

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.

Features of 1040 S Ferry Street

MLS® # 2441870
Price $1,100,000
Bathrooms 0.00
Acres 0.14
Year Built 1973
Type Business/Commercial
Sub-Type Commercial Industrial
Status Active

Community Information

Address 1040 S Ferry Street
Area 26 - Central Tacoma
Subdivision Central Tacoma
City Tacoma
County Pierce
State WA
Zip Code 98405

Amenities

Is Waterfront No

Interior

Fireplace No

Exterior

Exterior Features Brick, Wood
Foundation Slab

Additional Information

Days on Market 25
Cumulative Days on Market 25
Days on Website 22
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLpt Realty Llc

Listing Map

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