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. Built in 1906, the building features timeless architecture and sweeping Puget Sound views from many units. 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 unmatched long-term appeal makes this property a trophy investment! Rents are pro-forma.
LAST UPDATED
|
7/17/2025
|
NEIGHBORHOOD
|
Stadium District
|
YEAR BUILT
|
1905
|
COMMUNITY
|
Stadium District
|
COUNTY
|
Pierce
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
AIR |
None |
AREA |
20 - North Tacoma |
CONSTRUCTION |
Wood Siding |
HEAT |
Baseboard, Electric, Forced Air, Natural Gas |
LOT |
6499 sq ft |
LOT DESCRIPTION |
Alley, Corner Lot, Curbs, Paved, Sidewalk |
LOT DIMENSIONS |
50x130 |
MLS STATUS |
Active |
STORIES |
3 |
STYLE |
55 - 5-9 Units |
SUBDIVISION |
Stadium District |
TAXES |
13701 |
UTILITIES |
Cable Available, Sewer Connected |
VIEW |
Yes |
VIEW DESCRIPTION |
City, Sound, Territorial |
WATER |
Public |
ZONING |
Multi-Family |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/3/25 7:32 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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