Tacoma · Commercial sale

Apartment complex at 1401 E 29th St in Tacoma sells for $3.25 million

An apartment complex at 1401 E 29th St, Tacoma sold for $3,250,000 on October 2, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 1401 E 29th St, Tacoma with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Pierce County Assessor. The photo can predate the sale.
Sale price
$3,250,000
Sold
October 2, 2026
Property type
Apartment complex
Building area
8,340 sq ft
Price per sq ft
$390
Year built
2025

The $3,250,000 sale was 86% above the property's $1,746,900 market value on record, according to the Pierce County Assessor-Treasurer's sales records.

The apartment complex at 1401 E 29th St in Tacoma sold on October 2, 2026. The record lists Brown Homes LLC as the seller and Puyallup Tribe Of Indians as the buyer.

Assessor's records show 8,340 square feet of building area, a 6,499-square-foot lot and a build year of 2025. The price works out to $390 per square foot.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Pierce County?

By our estimate, the seller's two largest charges, not counting prorations, were $66,575 for the state real estate excise tax (graduated) and $16,250 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.

How much did the seller net?

By our estimate, the seller netted about $3,151,377. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $3,243,472 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

1401 E 29th St, Tacoma, WA.

Source: Pierce County Assessor-Treasurer, sales data downloads, document 4700132. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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