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1202 E 72nd Street Tacoma, WA $ 8,250,000
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1202 E 72nd Street
$ 8,250,000
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Recently Listed New Construction
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1202 E 72nd Street

Tacoma, WA, 98404
$ 8,250,000
Baths0.0 Sq 22,404

Monthly Estimate*

$ 50,797

Listed by Dove Realty, Inc.
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Studio

Multi-Family Home for sale in Tacoma, WA

for $8,250,000. This 22,404 square foot home was built in 2025 on a lot size of 1.0063.

Brand new 30 unit apartment build in the heart of Tacoma. Will be stabilized/no vacancy by the end of January 2026. It's conveniently located near downtown Tacoma, I-5, Hwy 512, public transportation, shopping, dining, schools, and Bases. Featuring 9-foot ceilings, hard surface countertops & window sills, durable vinyl flooring, stainless steel appliances, an all-in-one washer/dryer combo, split system/air conditioning, and energy-efficient tankless water heaters. Each apartment unit also includes built-in high-speed internet with a flat-rate monthly fee paid by tenant(income), a private balcony/patio and an exterior storage closet. The community features 39 on-site parking spaces, EV charging station, and completely fenced.

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Multi-Family Active

Price

$ 8,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 41,829

Style

10+ Units

Lot Size

1.0063

Year Built

2025

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2471484
Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 2025
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 459672
Insurance Expense 7860
New Construction Y
Property Type Residential Income
HOA N
Subdivision Name East Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions South on Portland Ave E. Right on E 72nd St. Property is on Left.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 61 - Southeast Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 43833
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out See Remarks
Tax Annual Amount 41829
Electric Expense 3900
Fuel Expense 0
Property Condition Very Good
Public Remarks Brand new 30 unit apartment build in the heart of Tacoma. Will be stabilized/no vacancy by the end of January 2026. It's conveniently located near downtown Tacoma I-5 Hwy 512 public transportation sh
Leasable Area 22404
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company TPU
Units Below Grade false
Units In Building Total 30
Water Sewer Garbage 25200
Property Style 56 - 10+ Units
Cap Rate 5.6
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Exterior
Exterior Amenities Cement Planked Wood
Lot Features Curbs Paved Sidewalk
Water Source Public
Foundation Details Poured Concrete
Building Area Total 22404
Lot Size Acres 1.0063
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 39
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 3
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 NWM2471484
Street Number 1 1202
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* Excluded Features
List By
Q Pham

Listing Agent

Dove Realty, Inc.

Broker

Affordability Calculator

$54,282
Per Month
94%
6%
0%
Monthly Principal & Interest
$50,797
Monthly Property Taxes
$3,486
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
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Pricing History
DatePricePrice ChangeDescription
1/23/2026$8,250,000 Listed Price

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1202 E 72nd Street, Tacoma, WA, 98404 is a Multi-Family Home for sale at $8,250,000 with 22,404 sqft and a lot size of 1.0063. 1202 E 72nd Street is a studio with 0.0 baths and was built in 2025. The property's zip code is 98404 which is in Tacoma, WA

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