PROPERTIES FOR SALE

822 S Ferry St Tacoma, WA 98405

NWMLS Courtesy of Globenex Realty
822 S Ferry St
Tacoma, WA 98405
$735,000
Residential
5 Beds
3.75 Baths
2215 SqFt
Active
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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.

Property Features

Community: Tacoma
1 1/2 Stry w/Bsmt
Exterior: Wood Products
Roof: Composition
Parking: Driveway
Parking: Detached Garage
Parking: Off Street
Year Built: 1917
2026 Taxes: $5399.00
Buyer Broker Comp.: 2.5%
Listing #: 2545619

Lot Details

Lot Size: 0.15 acres
Paved
Sidewalk

Appliances That Stay

Dryer
Refrigerator
Stove(s)/Range(s)
Washer

Interior

Second Kitchen
Dbl Pane/Storm Window
Cooling: Ductless HP-Mini Split
Heating: Ductless HP-Mini Split
Electric

Schools

District: Tacoma
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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