$735,000
822 S Ferry St, Tacoma, WA 98405
5 Beds
3.75 Baths
2,215 Sq Ft
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MLS #2545619 / Listing provided by NWMLS & Globenex Realty.

$735,000

822 S Ferry St
Tacoma, WA 98405

Active 1 day ago
5
Beds
3.75
Baths
2,215
Sq Ft
$332
Per Sq Ft
1917
Year Built

CENTRAL TACOMA INCOME-PRODUCING INVESTMENT PROPERTYStrong cash-flow investment opportunity in a high-demand Central Tacoma rental corridor, conveniently located near major hospitals, medical centers, schools, Downtown Tacoma, and the popular 6th Avenue District.The property is currently generating $6,200+ per month in gross rental income, offering immediate income potential in a consistently strong rental market.The flexible multi-level layout supports a variety of rental strategies:• Main Level: 3 bedrooms, 3 bathrooms• Upper Level: 2 bedrooms, bonus room, and 1 bathroom• Lower Level: Basement with separate entrance, kitchenette, and 3/4 bathroomThe configuration is well suited for shared housing or room-by-room rental use, with strong appeal for tenants seeking convenience near medical centers, schools, Downtown Tacoma, and 6th Avenue.Additional features include:• Detached garage currently used as a recreation/lounge space• Alley access with potential for future ADU/DADU development• Two separate storage units• Six newly installed heating and cooling systems throughout the propertyThis property provides a rare combination of immediate income, flexible use potential, and long-term value appreciation in a desirable Central Tacoma location.Seller relocation presents a unique opportunity to acquire an income-producing asset with upside potential.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Lower Level Bedrooms: 0
  • Upper Level Bedrooms: 2

Bathrooms

  • Total Bathrooms: 5
  • Half Bathrooms: 0
  • Three-quarter Bathrooms: 5
  • Full Bathrooms: 0
  • Full Bathrooms in Garage: 0
  • Half Bathrooms in Garage: 0
  • Three-quarter Bathrooms in Garage: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Garage: Yes
  • Garage Attached: No
  • Parking Features: Driveway, Detached Garage, Off Street
  • Parking Total: 2

Structure

  • Roof: Composition
  • Exterior Features: Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Paved, Sidewalk
  • Acres: 0.1492
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Tacoma
  • High School: Buyer To Verify
  • Middle School: Buyer To Verify
  • Elementary School: Buyer To Verify

Lot Details

  • Lot Features: Paved, Sidewalk
  • Acres: 0.1492
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Private
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