1202 E 72nd St

Tacoma, WA 98404

$8,250,000
Price
6
Beds
6
Baths
22,404 Sq. Ft.
$368 / Sq. Ft.
22,404
Sq. Ft.
$368
per Sq. Ft.
a car parked in front of a house
a view of street with parked cars
a front view of a building with lot of windows and trees
a view of street with parked cars
a front view of a building with a garden
a view of a street with cars parked
a view of street with parked cars
a view of multiple house with a street
a view of a white house with a yard
a front view of a house with a street
a picture of a bathroom with a sink and a mirror
a picture of a bathroom with a sink
a living room with furniture
a living room with furniture and a table
a kitchen with a refrigerator and a sink
a bedroom with a bed and a large window
a bathroom with a granite countertop sink toilet a large mirror a bathtub and shower
a utility room with dryer and washer
a view of a house with backyard
a view of a street
a view of street with cars
a car parked in front of a building
a view of outdoor space and yard
a view of the street
a view of yard with swimming pool and green space
Listing provided courtesy of Dove Realty, Inc.
Source: Northwest MLS

Description

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...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.
  1. Listed by Q Pham • Dove Realty, Inc.
  2. Listed by Brandon Phan • Dove Realty, Inc.

Property Details for 1202 East 72nd Street

Community Name
East Tacoma
School District
Tacoma
Total Covered Parking
0
Entry Date
01-23-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/30/2026 09:38 AM

Property Details for 1202 East 72nd Street

StatusActive
MLS #2471484
Days on Market30
Cumulative Days on Market30
Taxes$41,829 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2025
Lot Size1.01 AC / 43,833 SF
CountyPierce County

Location

Listing Courtesy of Dove Realty, Inc.
Add your commute

Building Information for 1202 East 72nd Street

Stories3Residences4Year Built2025Building Size-Lot Size1.01 AC / 43,833 SF

Payment Calculator

$43,695 per month

30 year fixed, 6.15% Interest

Principal and Interest

$40,209

Property Taxes

$3,486

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1202 East 72nd Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 61 - Southeast Tacoma
  • Effective Year Built Source: Public Records
  • Directions: South on Portland Ave E. Right on E 72nd St. Property is on Left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • New Construction: Completed
  • Cooling: Yes
  • Cooling: Ductless
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 25200
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • Estimated Completion Date: 2025-09-30
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2025
  • Photos Count: 25
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0320277020
  • Building Condition: Very Good
  • Calculated Square Footage: 22404
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 22404.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 39
  • Number of Stories in Building: 3
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 30
Financing / Income and Expenses
  • Electric Expense: $3,900
  • Total Expenses: 176229
  • Gross Adjusted Income: 635892
  • Gross Rent Multiplier: 12.58
  • Gross Scheduled Income: $655,568
  • Insurance Expense: $7,860
  • Net Operating Income: $459,672
  • Other Expenses: $97,440
  • Total Monthly Income: 655568
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 8
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 881
  • Rent Unit 1: $1,925.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 4
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 869
  • Rent Unit 2: $1,925.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 12
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 664
  • Rent Unit 3: $1,545.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 6
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 652
  • Rent Unit 4: $1,545.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 22404.0

Property History for 1202 East 72nd Street

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Listed (Active)

NWMLS #2471484

$8,250,000—
Mar 31, 2021

Sold (Public Record)

Public Record #1455994294

$640,000—
DateEvent & SourcePrice
01/23/2026

Listed (Active)

NWMLS #2471484

$8,250,000
03/31/2021

Sold (Public Record)

Public Record #1455994294

$640,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1202 East 72nd Street

Taxable ValueLand$355,600Additions-Total$355,600
Tax Record2025$3,988 ($332 / month)
Home Facts
Lot Size43,821 SqFtStyleCommercialCountyPIERCEAPN0320277020

Schools near 1202 East 72nd Street

This home is within Franklin Pierce School District.
Rating
School
Type
Grades
Distance
Harvard Elementary School
Public - K to 5
Morris Ford Middle School
Public - 6 to 8
Franklin-Pierce High School
Public - 9 to 12
Gates Secondary School
Public - 8 to 12
Rating
School
Distance
Harvard Elementary School
PublicK to 5

Morris Ford Middle School
Public6 to 8

Franklin-Pierce High School
Public9 to 12

Gates Secondary School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1202 East 72nd Street, Tacoma, WA 98404

1202 East 72nd Street is a multi-family home for sale in Tacoma, WA 98404. This property was listed for sale on January 23, 2026 by Dove Realty, Inc., it's currently listed at $8,250,000. It has been on the market for a total of 30 days and was last sold on March 31, 2021. This listing's school district is Franklin Pierce School District. Nearby schools include Harvard Elementary School, Morris Ford Middle School and Franklin-Pierce High School. 1202 East 72nd Street is a 6-bed, 6-bath, 22,404 sqft multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dove Realty, Inc.

Based on information submitted to the MLS GRID as of 01/30/2026 09:38 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.