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28-Unit Apartment Building
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15 N Tacoma Ave, Tacoma, WA 98403

Five-story community offering studio, one-bedroom, and two-bedroom residences with water views and nearby retail access.

Property SizeContact for details
Days on Market143

Property Features for 15 N Tacoma Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Kidder Mathews Tacoma
Listed By: Austin Kelley · License #WA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Tacoma

Investment Insights

Based on property information with market context.

The Ambassador Apartments is a five-story, 28-unit multifamily property constructed in 1925. The unit mix includes studios, one-bedroom residences, and two-bedroom residences. Building updates have included flooring, appliances, and fixtures, while the units are identified as candidates for cosmetic remodeling.

The property is located at 15 N Tacoma Ave in Tacoma, near the corner of Stadium Way and Division Ave. Residents have water views, walkable access to neighboring retail and grocery options, nearby local transit, and freeway access. Historical occupancy is reported at 98%.

Key Highlights

  • 28‑unit, five‑story apartment building constructed in 1925
  • Unit mix includes studios, 1‑bedroom, and 2‑bedroom residences
  • Periodic updates include flooring, appliances, and fixtures

Property Analytics

Current Use

Abtill Accounting Tax Preparation Percival Construction Construction Company A&B Tax Problems Tax Preparation

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Garden Center Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,171
Businesses Nearby

Demographics for 98403, WA

8,341
Population
4,863
Households
1.7
Avg Household Size
39
Median Age
64%
College-Educated
99%
High-School Grad
1.0 sq mi
ZIP Area
8,341
Density / Sq Mi
$86,179
Median Household Income
$63,918
Median Earnings
$1,414
Median Rent
$737,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-story community offering studio, one-bedroom, and two-bedroom residences with water views and nearby retail access.
Where is this apartment building located?
The property is located at 15 N Tacoma Ave Tacoma, WA.
What are key features of this property?
This property features: 28‑unit, five‑story apartment building constructed in 1925; Unit mix includes studios, 1‑bedroom, and 2‑bedroom residences; Periodic updates include flooring, appliances, and fixtures
(253) 722-1421 Call to check price and availability
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