2301 S 74th Street Tacoma, WA $ 3,750,000
2301 S 74th Street
$ 3,750,000
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2301 S 74th Street

Tacoma, WA, 98409
$ 3,750,000
Baths0.0 Sq 13,588

Monthly Estimate*

$ 23,089

Listed by Paragon Real Estate Advisors
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Studio

Multi-Family Home for sale in Tacoma, WA

for $3,750,000. This 13,588 square foot home was built in 1972 on a lot size of 0.7346.

Sunset Court is a well-maintained 21-unit multifamily investment located at 2301 S 74th St, Tacoma WA 98409. Positioned in a central Tacoma location with immediate access to I-5, Downtown Tacoma, and neighboring cities, the property is ideally situated to capture strong renter demand in one of Pierce County’s most active rental corridors. Built in 1972, Sunset Court features an attractive mix of spacious one- and two-bedroom apartments with functional layouts. Half of the units have already been upgraded with modern interior finishes and the addition of in-unit washer and dryer. The remaining classic units provide a clear and immediate path for renovation and rent growth under new ownership.

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Multi-Family Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 26,647

Style

10+ Units

Lot Size

0.7346

Year Built

1972

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2461580

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1972
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 220181
Insurance Expense 11604
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Tacoma
Special Listing Conditions None
Status Active
Directions Follow I-5 S to S 72nd St/S 74th St in Tacoma. Take exit 129 from I-5 S. Continue on S 74th St.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 30
Number Of Units Total 21
MLS Area 45 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 32000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 26647
Electric Expense 0
Fuel Expense 0
Public Remarks Sunset Court is a well-maintained 21-unit multifamily investment located at 2301 S 74th St Tacoma WA 98409. Positioned in a central Tacoma location with immediate access to I-5 Downtown Tacoma and ne
Leasable Area 13588
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 21
Water Sewer Garbage 32376
Property Style 56 - 10+ Units
Cap Rate 5.87
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Exterior
Exterior Amenities Wood
Total Parking 30
Building Area Total 13588
Lot Size Acres 0.7346
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 30
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
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 NWM2461580
Street Number 1 2301
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* Excluded Features
List By
Tanner Fogle

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$25,310
Per Month
91%
9%
0%
Monthly Principal & Interest
$23,089
Monthly Property Taxes
$2,221
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/17/2025$3,750,000 Listed Price

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2301 S 74th Street, Tacoma, WA, 98409 is a Multi-Family Home for sale at $3,750,000 with 13,588 sqft and a lot size of 0.7346. 2301 S 74th Street is a studio with 0.0 baths and was built in 1972. The property's zip code is 98409 which is in Tacoma, WA