Active

MLS: #NWM2550405, Listed By: Ricardo Mendes, Windermere Real Estate/Summit, Source:NWMLS - Northwest Multiple Listing Service

2029 S 8th Street

Tacoma, WA 98405
Mark as Favorite
Acres0.10

Acre(Lot)

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 yo ur 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.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $325,000

AD Id : 87828043

MLS Id : NWM2550405

Lot Size : 0.10 Acre(Lot)

County : Pierce

Subdivision: Belle Vista Beach

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water Source

    WaterSource: In Street

  • Lot Information

    Lot Description: Alley, Paved, Sidewalk Lot Square Feet: 4312 Lot Acres: 0.099

    Property Information

    Property Type: Land Sub Type: Land Structure Type: None

  • Listing Price Information

    Original List Price:$325000

  • Tax Information

    Annual Tax: $2679.77 Tax Year: 2026 Parcel Number: 3830200230

  • School Information

    Elementary School: Bryant Junior High School: Hilltop Heritage Middle Senior High School: Foss
  • Utility Information

    Electricity Available, Natural Gas Available Sewer: In Street Water Source: In Street
  • Location Information

    Subdivision: Central Tacoma City: Tacoma Direction: ** GPS is accurate *** I-5 S, exit 132B, Sprague Ave, Turn left onto S 8th St. Property is on the right.
Sell a home like this and save $19,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1119 S J Street, Tacoma, WA, 98405 $419,000 -- -- -- 0.23 Acre(Lot)
811 S L Street, Tacoma, WA, 98405 $250,000 -- -- -- 0.15 Acre(Lot)
909 S Ainsworth Avenue, Tacoma, WA, 98405 $175,000 -- -- -- 0.06 Acre(Lot)
1715 S Sheridan Avenue, Tacoma, WA, 98405 $265,000 -- -- -- 0.11 Acre(Lot)
2504 S Steele Street, Tacoma, WA, 98405 $229,000 -- -- -- 0.30 Acre(Lot)
3415 S 9th Street, Tacoma, WA, 98405 $224,950 -- -- -- 0.14 Acre(Lot)
4020 S 19th Street, Tacoma, WA, 98405 $875,000 -- -- -- 1.47 Acres(Lot)
719 S Huson Street, Tacoma, WA, 98405 $749,000 -- -- -- 0.76 Acre(Lot)
Broker Logo

Disclaimer: The information being provided courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the NWMLS - Northwest Multiple Listing Service. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of NWMLS - Northwest Multiple Listing Service. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 07/21/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 07/21/2026 @ 06:20. 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. The data is deemed reliable but is not guaranteed by MLS GRID. 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.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


DMCA Notice

ByOwner last updated this listing 07/21/2026 @ 06:20

MLS: NWMLS #2550405 LISTED BY: Ricardo Mendes, Windermere Real Estate/Summit 206-410-6610 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

Homes around $325,000

Selling? Save $19,001 when you sell a home like this

Tour with a ByOwner Agent