1040 S Ferry Street, Tacoma, WA 98405

Local realty services provided by:ERA Skyview Realty
Listed by: joseph stone
Office: lpt realty llc.
MLS#:2440111
Source:NWMLS
1040 S Ferry Street,Tacoma, WA 98405
$950,000
  • - Beds
  • - Baths
  • 3,688 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$950,000
  • Price per sq. ft.:$257.59

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1973
  • Listing ID #:2440111
  • Updated:January 16, 2026 at 08:43 PM

Rooms and interior

  • Living area:3,688 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1973
  • Building area:3,688 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Foss
  • Middle school:Hilltop Heritage Middle
  • Elementary school:Bryant

Utilities

  • Water:Community
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$257.59
  • Tax amount:$10,659 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of January 16, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

New listings near 1040 S Ferry Street