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Street View
Listed by: Ricardo Mendes (425) 533-5849 | Windermere Real Estate/Summit (206) 410-6610
$325,000
Monthly Est:$1,618
-- Bed
-- Bath
4,312sqft lot
2029 S 8th Street, Tacoma, WA 98405
$325,000
$1,618/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
4,312 sqft lot
$75/sq.ft
Description
Attention builders, developers, and high-yield investors: This is a premier urban infill opportunity you cannot afford to miss. Located in Tacoma’s highly coveted URX zone with zero base lot line limits, this parcel is fully optimized to maximize your rentable footprint. A formal City pre-application review is already complete for a 20-unit Efficiency Dwelling Unit (EDU) development, with 12-unit traditional options also vetted. Architectural layouts are available. EDUs eliminate the need for standard parking, allowing for a 100% focus on high-yield, income-generating units. The financial upside here is unmatched. The site fully qualifies for Tacoma’s powerful Multifamily Property Tax Exemption (MFTE) program, unlocking a lucrative 8-, 12-, or 20-year property tax exemption to maximize your net operating income (NOI) from day one. Rental velocity is supported by an exceptional location with premier walkability—situated just blocks from the Hilltop District T-Line light rail station and minutes from the massive Hilltop medical employment hub, including Tacoma General and St. Joseph Medical Center. Boundary and topography surveys are complete and included. Infill plays of this caliber are rare—act fast to secure this high-margin project. Buyer to verify all information to their satisfaction.
- Houzeo last checked: 8 hours ago
- Listing updated: September 22, 2026 at 6:37 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2550405
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
4,312 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2550405
MLS Status
Active
Days on Market
84
Cumulative Days on Market
83
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
In Street
Utilities & Energy
Utilities
Electricity Available, Natural Gas Available
Water Source
In Street
Other Features
Lot Features
Alley, Paved, Sidewalk
Subdivision Name
Central Tacoma
Price History
| Date | Event | Price |
|---|---|---|
07/09/2026 Source: | Listed for Sale | $325,000 +16.49% $0/sqft |
08/12/2022 Source: | Price Increased | $279,000 +21.30% $0/sqft |
04/01/2022 Source: | Sold | $230,000 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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