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523 N E Street Tacoma, WA $ 1,450,000
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$ 1,450,000 Get more info
523 N E Street
$ 1,450,000
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Share Save

523 N E Street

Tacoma, WA, 98403
$ 1,450,000
Baths0.0 Sq 5,000

Monthly Estimate*

$ 9,046

Listed by Keller Williams Rty Tacoma
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View a Virtual Tour
Studio

Multi-Family Home for sale in Tacoma, WA

for $1,450,000. This 5,000 square foot home was built in 1905 on a lot size of 0.1492.

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 FINANCING OPPORTUNITY.

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,701

Style

5-9 Units

Lot Size

0.1492

Year Built

1905

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2419524
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air Wall Unit(s)
Cooling None
Possession Subject to Tenant Rights
Roof Composition Torch Down
HOA Fee 0
Year Built 1905
View City Sound Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name New Tacoma
County Pierce
Net Operating Income 71514
Insurance Expense 7228
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Stadium District
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Please use GPS.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Open Parking Spaces 2
Number Of Units Total 6
MLS Area 20 - North Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6500
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 13701
Electric Expense 2737
Fuel Expense 435
Property Condition Good
Public Remarks Stadium 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
Leasable Area 5000
Virtual Tour https://homesforsaletacomawa.virtualopenhouses.net/
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry See Remarks
Water Company Tacoma
Units Below Grade true
Units In Building Total 6
Water Sewer Garbage 8089
Property Style 55 - 5-9 Units
Cap Rate 4.93
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Exterior
Exterior Amenities Wood
Lot Features Alley Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Foundation Details See Remarks
Building Area Total 5000
Lot Dimensions 50x130
Lot Size Acres 0.1492
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck
Parking Uncovered Spaces 2
Lot Number 1 & 2
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Interior
Flooring Ceramic Tile Concrete Hardwood Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2419524
Street Number 1 523
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* Excluded Features
List By
Brian Thayer

Listing Agent

Keller Williams Rty Tacoma

Broker

Affordability Calculator

$10,188
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,046
Monthly Property Taxes
$1,142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/14/2025$1,450,000 -3.27% Price Down
8/11/2025$1,499,000 Listed Price

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523 N E Street, Tacoma, WA, 98403 is a Multi-Family Home for sale at $1,450,000 with 5,000 sqft and a lot size of 0.1492. 523 N E Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 98403 which is in Tacoma, WA

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