Skip main navigation
Off market
Street View
  • Tax assessed value
    $976,400

    1040 S Ferry St, Tacoma, WA 98405

    8beds
    5baths
    3,688sqft
    MultiFamily
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $265/sqft
    $2,772 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,772/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,772/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,772/mo

    Rent Zestimate®

    Refinance and save

    $6,359/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,359/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Great investment opportunity to own 4 units in central Tacoma. There are 2 bedrooms & 1 full bath in each unit with own utility meter. Well maintained property with major renovation in 2017, include new kitchens, bathrooms & flooring. Shared laundry & storage room on each level. The cap rent rate is 6% even with 3% vacancy rate. Showing only thru appointment after mutual. Please don't disturb other tenants.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Forced air
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate
    Interior area
    • Total interior livable area: 3,688 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 5,998 Square Feet
    Details
    • Parcel number: 3590000120

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1973

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Community

    Community & HOA

    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $976,400
    • Annual tax amount: $10,632

    Price history

    DateEventPrice
    7/23/2025Listing removed$1,100,000$298/sqft
    Source: FSBO-Online.com Report a problem
    7/3/2025Listed for sale$1,100,000+34.1%$298/sqft
    Source: FSBO-Online.com Report a problem
    9/11/2020Sold$820,000+249.4%$222/sqft
    Source: NWMLS as distributed by MLS GRID #1632422 Report a problem
    9/23/2016Sold$234,719$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,632 -0.3%$976,400 -0.4%
    2024$10,659 +2.7%$980,200 +5%
    2023$10,383 +10.6%$933,800 +3.2%
    2022$9,389 +7.7%$905,100 +18.9%
    2021$8,721 +30.7%$761,300 +43.8%
    2019$6,675 +3.3%$529,500 +3%
    2018$6,460 +27.1%$514,100 +25.6%
    2017$5,083 +14%$409,300 +54.5%
    2016$4,457 $265,000 +3.3%
    2014$4,457 +10.8%$256,500 +6.6%
    2013$4,022 $240,600 +4.9%
    2012-- $229,300 -10%
    2011-- $254,800 -8.6%
    2010-- $278,800 -11.5%
    2009-- $315,000 -5.3%
    2008$4,026 +0%$332,700 -3.4%
    2007$4,026 +38.4%$344,300 +102.6%
    2002$2,909 +7.7%$169,900
    2001$2,702 $169,900 +10.3%
    2000$2,702 $154,000
    Find assessor info on the county website

    Neighborhood: Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bryant
    • Middle: Jason Lee
    • High: Foss

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.