523 N Tacoma Ave Tacoma, WA 98403
Stadium District NeighborhoodEstimated payment $10,989/month
Highlights
- 0.32 Acre Lot
- Wood Flooring
- Property is in very good condition
- Lowell Elementary School Rated A-
- No HOA
- 4-minute walk to Garfield Park
About This Home
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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2366956
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,387
Year Built
- Built in 1892
Lot Details
- 0.32 Acre Lot
- Sprinkler System
- Property is in very good condition
Parking
- 1 Parking Space
Home Design
- Composition Roof
- Wood Composite
Interior Spaces
- 5,965 Sq Ft Home
- 3-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Ductless Heating Or Cooling System
Community Details
- No Home Owners Association
- North Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 2035110010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,387 | $1,856,400 | $638,000 | $1,218,400 |
| 2024 | $18,387 | $1,771,500 | $594,800 | $1,176,700 |
| 2023 | $18,387 | $1,654,400 | $551,500 | $1,102,900 |
| 2022 | $16,424 | $1,701,700 | $641,800 | $1,059,900 |
| 2021 | $15,827 | $1,261,600 | $437,000 | $824,600 |
| 2019 | $14,994 | $1,166,400 | $402,900 | $763,500 |
| 2018 | $14,226 | $1,155,800 | $396,000 | $759,800 |
| 2017 | $13,356 | $902,000 | $316,400 | $585,600 |
| 2016 | $13,128 | $771,400 | $214,600 | $556,800 |
| 2014 | $12,638 | $756,200 | $212,600 | $543,600 |
| 2013 | $12,638 | $708,800 | $179,500 | $529,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/29/2025 04/29/25 | For Sale | $1,775,000 | -- | $298 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | $1,104,000 | Fidelity National Title | |
| Warranty Deed | $165,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,107,925 | Commercial | |
| Previous Owner | $123,750 | Seller Take Back |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2366956
APN: 203511-0010
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Based on information submitted to the MLS GRID