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Listed by LPT Realty LLC
$ 1,100,000
Est. payment /mo
Active
1040 S Ferry ST Tacoma, WA 98405
8 Beds
4 Baths
6,000 Sqft Lot
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
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
