822 S Ferry St Tacoma, WA $ 735,000
822 S Ferry St
$ 735,000
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822 S Ferry St

Tacoma, WA, 98405
$ 735,000
Baths0.0 Sq 2,215

Monthly Estimate*

$ 4,641

Listed by Globenex Realty
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Studio

Multi-Family Home for sale in Tacoma, WA

for $735,000. This 2,215 square foot home was built in 1917 on a lot size of 0.1492.

TURNKEY OPERATION: INCLUDES ALL FURNITURE, APPLIANCES, AND EXISTING RENTAL SETUP—CURRENTLY GENERATING OVER $6,200/MO IN GROSS RENTAL INCOME. CENTRAL TACOMA | HIGH-YIELD INCOME-PRODUCING INVESTMENT Exceptional investment opportunity in the heart of Central Tacoma, ideally located just minutes from major medical centers, universities, and the vibrant 6th Avenue District. This established income property is currently generating over $6,200 per month in gross rental income, providing immediate cash flow potential from day one. Flexible Floor Plan Main: 3 beds | 3 baths Upper: 2 beds + bonus room | 1 bath Lower: Separate entry w/ kitchenette & ¾ bath An excellent setup for multigenerational living, furnished rental, or shared housing opportunities. Buyer to verify intended use to their satisfaction. Property Features 6 newly installed HVAC systems Detached garage Two additional storage buildings Alley access with excellent future ADU/DADU potential Fully Turnkey Investment To provide a smooth transition and support immediate rental operation, the sale includes furniture, appliances, bedding, linens, kitchenware, household essentials, and the existing rental setup. The buyer may continue generating rental income with minimal setup costs or delays. The seller is relocating, creating a rare opportunity to acquire a stabilized, income-producing asset with strong long-term appreciation potential.

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Multi-Family Active

Price

$ 735,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,399

Style

Duplex

Lot Size

0.1492

Year Built

1917

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2547692

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1917
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 56671
Insurance Expense 1350
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Tacoma
Special Listing Conditions None
Status Active
Directions GPS
High School Buyer To Verify
City Tacoma
Senior Community Y/N N
High School District Tacoma
Number Of Units Total 2
MLS Area 27 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6500
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 5399
Electric Expense 2560
Fuel Expense 1300
Middle/Junior High School Buyer To Verify
Public Remarks TURNKEY OPERATION: INCLUDES ALL FURNITURE APPLIANCES AND EXISTING RENTAL SETUPCURRENTLY GENERATING OVER $6 200/MO IN GROSS RENTAL INCOME. CENTRAL TACOMA HIGH-YIELD INCOME-PRODUCING INVESTMENT
Leasable Area 2215
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement Storage
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 2900
Property Style 52 - Duplex
Cap Rate 7.71
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Exterior
Exterior Amenities Wood Products
Lot Features Paved Sidewalk
Water Source Private
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 2215
Lot Size Acres 0.1492
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Total 3
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2547692
Street Number 1 822
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* Excluded Features
List By
Lia Huang

Listing Agent

Globenex Realty

Broker

Affordability Calculator

$5,091
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,641
Monthly Property Taxes
$450
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100453 Elementary School
3100781 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$735,000 Listed Price

Map


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822 S Ferry St, Tacoma, WA, 98405 is a Multi-Family Home for sale at $735,000 with 2,215 sqft and a lot size of 0.1492. 822 S Ferry St is a studio with 0.0 baths and was built in 1917. The property's zip code is 98405 which is in Tacoma, WA