822 S Ferry StreetTacoma, WA 98405Price: $735,000

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:o Main Level: 3 bedrooms, 3 bathroomso Upper Level: 2 bedrooms, bonus room, and 1 bathroomo 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:o Detached garage currently used as a recreation/lounge spaceo Alley access with potential for future ADU/DADU developmento Two separate storage unitso 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.