Tacoma, WA 98403 523 N E Street
$1,499,000
29 more
Presented By: Keller Williams Rty Tacoma and NWMLS
- MLS# 2419524
- 08/11/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 5,000
Home Details
Stadium District Colonial Apartments is a rare chance to own a premier multifamily asset in one of Tacoma’s most desirable neighborhoods. Just steps from the Tacoma Lawn & Tennis Club, 523 N E Street boasts a strong history of steady income and near-full occupancy.This building features timeless architecture and sweeping Puget Sound views. Located in Tacoma’s Stadium District—an irreplaceable “A+” location—this iconic property offers historic charm, unmatched setting, and consistent performance. A truly unique investment opportunity in the heart of North Tacoma. Value-add upside with rent growth potential and long-term appeal makes this property a trophy investment! Rents are projected. Seller will consider an owner-financed contract.
Presented By: Keller Williams Rty Tacoma and NWMLS
Interior Features for 523 N E Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Concrete, Hardwood, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories3
General for 523 N E Street
AmenitiesCoin Op Laundry, See Remarks
Building Area UnitsSquare Feet
Building NameNew Tacoma
Cap Rate4.7
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsPlease use GPS.
Electric Expense2737
Fuel Expense435
HOANo
HOA Fee$
HeatingBaseboard, Forced Air, Wall Unit(s)
High School DistrictTacoma
Insurance Expense7228
Leasable Area5000
Listing TermsCash Out, Conventional
Lot Size Square Feet6500
Lot Size UnitsSquare Feet
MLS Area20 – North Tacoma
ModificationTimestamp2025-09-04T18:13:12.381Z
NWM_ShowMapLinkY
Net Operating Income71514
New ConstructionNo
Number Of Units Total6
Open Parking Spaces2
PossessionSubject to Tenant Rights
Possible UseMulti-Family
Property ConditionGood
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksStadium District Colonial Apartments is a rare chance to own a premier multifamily asset in one of Tacomas most desirable neighborhoods. Just steps from the Tacoma Lawn & Tennis Club, 523 N E Street b
RoofComposition, Torch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameStadium District
Tax Annual Amount13701
Tax Year2025
Units Below Gradetrue
Units In Building Total6
ViewCity, Sound, Territorial
Water CompanyTacoma
Water Sewer Garbage8089
Year Built1905
Zoning DescriptionMulti-Family
Exterior for 523 N E Street
Building Area Total5000
Covered Spaces2
Exterior AmenitiesWood
Foundation DetailsSee Remarks
Irrigation Water Rights Y/NNo
Lot Dimensions50×130
Lot FeaturesAlley, Corner Lot, Curbs, Paved, Sidewalk
Lot Number1 & 2
Lot Size Acres0.1492
Parking Uncovered Spaces2
Site FeaturesCable TV, Deck
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®