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822 S Ferry St, Tacoma, WA, 98405

5beds
5baths
2,215sqft
$735,000
$332price/sqft
$4,726/moest. monthly cost
$189,040/yrincome needed

About This Home

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 medical professionals, students, 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.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

4/10
Bryant Montessori SchoolGrades PK-50.2 mi
3/10
2/10
Foss High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1917

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Products

Notable Dates

  • Major remodel year: 1986

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 1/2 Stry w/Bsmt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dryer(s),Refrigerator(s),Washer(s)

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Three Quarter

  • Level: Second

Bathroom Three Quarter

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • 3/4 bathrooms: 5
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Den Office

  • Level: Second

Entry Hall

  • Level: Main

Features

  • Window features: Dbl Pane/Storm Window
  • Flooring: Vinyl Plank

Heating & Cooling

  • Heating features: Ductless,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 2,215
  • Total interior livable area: 2,215 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 270000
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Second Kitchen,Dbl Pane/Storm Window
  • Topography of land: Level

Lot

  • Lot size: 6,499 sqft
  • Features: Paved,Sidewalk

Parking

  • Total spaces: 2
  • Parking features: Driveway,Detached Garage,Off Street
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,716$44,592
Home Insurance *$204$2,448
Property Taxes $655$7,860
Electricity $151$1,818
Total$4,726$56,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,034/yr
40% on housing$141,780/yr
45% on housing$126,026/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$332This listing

vs Other Active Listings

Avg $/sqft

ZIP 98405$220
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98405$316
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$735,000
2022-09-19Sold$86,000
2021-09-30Sold$430,000
2016-05-04Listing removed$130,000
2016-04-14Pending sale$130,000
2016-04-01Price change$130,000
2016-02-25Listed for sale$160,000
2015-12-26Listing removed$160,000
2015-11-20Pending sale$160,000
2015-09-26Listed for sale$160,000
2015-06-26Pending sale$160,000
2015-06-19Price change$160,000
2015-06-13Pending sale$130,000
2015-06-08Listed for sale$130,000
2015-03-27Pending sale$130,000
2015-03-21Listed for sale$130,000
2000-09-01Sold$107,500
1999-08-06Sold$90,500

For Sale by Agent

AgentShelly Xiuping Hu
BrokerageGlobenex Realty

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