Tacoma, WA 98403 523 N Tacoma Avenue
$1,775,000
Pending
17 more
Presented By: Blake Investment Advisors and NWMLS
- MLS# 2366956
- 04/29/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 5,965
Home Details
The Stadium District Mansion Apartments is a well-maintained asset with a history of nearly 100% occupancy and consistent income. Located across the street from the Tacoma Lawn and Tennis Club, 523 North Tacoma is a trophy apartment building investment in a True “A+” location in the stadium district of North Tacoma. Constructed in 1892, many of the apartments boast sweeping territorial views of the Puget Sound and the quality of the location and the classic charm of the asset combine to create one of the most unique multifamily investment opportunities an investor will likely ever see. Contact broker for financial information. All units are occupied; do not disturb tenants. View with discretion from street.
Presented By: Blake Investment Advisors and NWMLS
Interior Features for 523 N Tacoma Avenue
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringHardwood
Heating Y/NYes
Power Production TypeNatural Gas
Total Fireplaces
Total Stories3
General for 523 N Tacoma Avenue
AmenitiesCoin Op Laundry
Assoc/CICMulti-Family
Building Area UnitsSquare Feet
Cap Rate6.79
Carport Spaces1
Carport Y/NNo
CityTacoma
CoolingDuctless
CountyPierce
DirectionsSchuster Pky to Stadium Way Exit. North(right_ on Tacoma Ave to corner of 6th Street and Tacoma Avenue
Electric Expense
Fuel Expense
HOANo
HOA Fee$
High School DistrictTacoma
Insurance Expense7601
Leasable Area5965
Listing TermsConventional
Living Area UnitsSquare Feet
Lot Size Square Feet14000
Lot Size UnitsSquare Feet
MLS Area15 – North Tacoma
ModificationTimestamp2025-06-14T02:45:10.386Z
NWM_ShowMapLinkY
Net Operating Income120587
New ConstructionNo
Number Of Units Total6
Open Parking Spaces0
PossessionClosing
Property ConditionVery Good
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThe Stadium District Mansion Apartments is a well-maintained asset with a history of nearly 100% occupancy and consistent income. Located across the street from the Tacoma Lawn and Tennis Club, 523 No
RoofComposition
Senior Community Y/NNo
SewerAvailable
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeMulti Family
Subdivision NameNorth Tacoma
Tax Annual Amount18387
Tax Year2024
Units Below Gradefalse
Units In Building Total6
Water Sewer Garbage15605
Year Built1892
Exterior for 523 N Tacoma Avenue
Building Area Total5965
Covered Spaces
Exterior AmenitiesWood Products
Irrigation Water Rights Y/NNo
Lot Size Acres0.3214
Parking Uncovered Spaces0
Site FeaturesSprinkler System
Total Parking1
Waterfront Y/NNo
Additional Details
Price History
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