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Listing Firm: Best Choice Realty LLC: Selina Boland

Bought With: Redfin Corp. : Michelle Santos

SOLD On September 11, 2020
NWMLS # 1632422

$820,000

  • Sold Price
  • - Beds
  • - Baths
  • 3688 Sq.ft.

1040 S Ferry St S, Tacoma, WA 98405

Listings with the three tree icon are courtesy of NWMLS

About This Property

Great investment opportunity to own 4 units in central Tacoma. There are 2 bedrooms & 1 full bath in each unit with own utility meter. Well maintained property with major renovation in 2017, include new kitchens, bathrooms & flooring. Shared laundry & storage room on each level. The cap rent rate is 6% even with 3% vacancy rate. Showing only thru appointment after mutual. Please don't disturb other tenants.

Buyer's Agent: Michelle Santos • Redfin Corp.

Listed by: Selina Boland • Best Choice Realty LLC

Aris360 Last Checked: 1 Minute Ago (Jun 17, 2025 05:03 AM)

  • Source: NWMLS as Distributed by MLS Grid #1632422

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Ferry St
  • Zip/Postal Code: 98405
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Central Tacoma
  • Community
    • 26 - Central Tacoma
  • MLS Area
    • 26 - Central Tacoma
  • Longitude
    • -122.464663
  • Latitude
    • 47.250385
  • Directions
    • Take I-5 exit 132, located one lot north of the northwest corner of S. 12th & Ferry.

  • Interior
    • Forced Air
    • Ceramic Tile
    • Wall to Wall Carpet
    • Laminate Hardwood
  • Floors
    • Ceramic Tile
    • Laminate
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 10
  • Lot Description
    • Alley,
    • Curbs,
    • Paved,
  • Elevation
    • Feet
  • Water Source
    • Community,
  • Exterior
    • Wood
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Water
    • Tacoma Public Utility
  • Building Total Area (Sq. Ft.)
    • 6000
  • Utilities
    • Sewer Connected,
    • Electric,

  • High School District
    • Tacoma
  • Jr. High School
    • JasonLee
  • Elementary School
    • Bryant
  • High School
    • Foss

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2019
  • Structure Type
    • Condominium,
  • Tax Amount
    • $6675
  • Year Built
    • 1973
  • Status
    • Sold

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Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Tue Jun 17 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 17, 2025 05:03 AM