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Historic Tacoma Multifamily Investment Opportunity

523 G St Tacoma, WA 98405

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Three multifamily buildings totaling 53 units in Tacoma's Stadium District.

Type:Commercial
Added:
May 20, 2026
Days on Market:
54
Last Refresh:
Jul 3 at 5:45 am

Property Features for 523 G St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1925

Listing office PARAGON REAL ESTATE ADVISORS

Listing date May 20, 2026

Source Corcoran

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 PARAGON REAL ESTATE ADVISORS


Investment Insights

Based on property information with market context.

This is a rare generational investment opportunity in the heart of Tacoma’s historic Stadium District. The Dreher Apartments (23 units), Hillcrest Apartments (19 units), and Brown Apartments (11 units) represent a unique opportunity to acquire three well-located multifamily buildings totaling 53 units directly across the street from Wright Park. Positioned along the park’s edge, these classic Tacoma apartment buildings benefit from unobstructed park views, mature tree-lined surroundings, and immediate access to the walkability and lifestyle amenities of the Stadium District and Downtown Tacoma. Residents enjoy proximity to local restaurants.

Key Highlights

  • Rare generational investment opportunity: First time on the market in over 50 years.
  • Portfolio of 3 multifamily buildings totaling 53 units.
  • Prime location directly across from Wright Park.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Furniture & Home Goods Veterinary Clinic Mobile Phone Store Fish Market Carpet & Flooring Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Three multifamily buildings totaling 53 units in Tacoma's Stadium District.
Where is this apartment building located?
The property is located at 523 G St Tacoma, WA.
What are key features of this property?
This property features: Rare generational investment opportunity: First time on the market in over 50 years.; Portfolio of 3 multifamily buildings totaling 53 units.; Prime location directly across from Wright Park.
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