822 S Ferry St, Tacoma, WA 98405
822 S Ferry St, Tacoma, WA 98405
822 S Ferry St, Tacoma, WA 98405
822 S Ferry St, Tacoma, WA 98405
822 S Ferry St, Tacoma, WA 98405
822 S Ferry St, Tacoma, WA 98405
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Listed by:Globenex Realty • Lia Huang
$ 735,000
Est. payment | /mo

5 Beds

3.75 Baths

2,215 SqFt


Save
$ 735,000
Est. payment | /mo
Save

5 Beds

3.75 Baths

2,215 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,215 sqft

Price per Sqft $331

Subdivision Tacoma

MLS Listing ID 2545619

Style 17 - 1 1/2 Stry w/Bsmt

Bedrooms 5

Year Built 1917

Annual Tax Amount $5,399

Lot Size 6,500 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State WA

County Pierce

Area 27 - Central Tacoma

Rooms

Basement Finished

Main Level Bedrooms 3

Interior

Interior Features Second Kitchen, Dbl Pane/Storm Window

Flooring Vinyl Plank

Fireplace false

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

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Paved, Sidewalk

Story One and One Half

Sewer Sewer Connected

Water Private

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)

Nearby Locations

Christi Young
Christi Young

Broker Associate | License ID: 67579

+1(253) 278-6818 | christiyoung@hawkinspoe.com

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822 S Ferry St