2029 S 8th Street #27, Tacoma, WA 98405
Local realty services provided by:CENTURY 21 Van Dorm Realty
Listed by: ricardo mendes
Office: windermere real estate/summit
MLS#:2550405
Source:NWMLS
2029 S 8th Street #27,Tacoma, WA 98405
$325,000
- 0.1 Acres
- Lots / Land
- Active
Price summary
- Price:$325,000
About this home
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....
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Home facts
- Subdivision & Development:Central Tacoma
- Listing ID #:2550405
- Updated:September 14, 2026 at 11:14 AM
Structure and exterior
- Lot area:0.1 Acres
- Lot Features:Alley, Paved, Sidewalk
Schools
- High school:Foss
- Middle school:Hilltop Heritage Middle
- Elementary school:Bryant
Utilities
- Water:In Street
- Sewer:In Street
Finances and disclosures
- Price:$325,000
- Tax amount:$2,680 (2026)
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