1040 S Ferry Street

Tacoma, WA 98405

  • Bed

  • Bath

  • 3688 SqFt

  • 39 DOM

  • Built: 1973

  • Status: Active

$1,100,000

X

1040 S Ferry Street

Tacoma 98405

$1100000

  • Bed

  • Bath

  • 3688 SqFt

  • 39 DOM

  • Built: 1973

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 3688

  • Composition

  • 54 - 4-Plex

  • 1973

  • Slab

Features and Utilities

  • Brick, Wood

  • Community

  • Sewer Connected

  • 0

Financial

  • 10659

  • Cash Out, Conventional, FHA

  • 10-03-2025

Comparable Information

  • 39

  • 39

  • Cash Out, Conventional, FHA

  • $1,100,000

  • $1,100,000

  • Nov 11, 2025 16:53

Schools

Elementary : Bryant N/A Ratings
Middle : Hilltop Heritag N/A Ratings
High : Foss N/A Ratings

Map

Listing courtesy of LPT Realty LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Nov 18, 2025 12:16 | Listing last modified Nov 11, 2025 16:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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