Urban Infill Development
For Sale
$325,000
2029 S 8th Street #27, Tacoma, WA 98405
Parcel with completed City pre-application for a 20-unit efficiency dwelling unit development and included surveys.
Property SizeContact for details
Days on Market47
Property Features for 2029 S 8th Street #27
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Zoning
URX
Taxes and HOA fees
Annual Taxes
$2,680
Amenities
Sidewalk
Alley
Paved
Listing Agency:
WINDERMERE REAL ESTATE/SUMMIT
(206) 410-6610
Listed By:
RICARDO MENDES
Source:
Corcoran
Added: Jul 9
Changed: Aug 8
Last Checked: Jul 11 at 4:11AM
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 WINDERMERE REAL ESTATE/SUMMIT
Investment Insights
Based on property information with market context.
This urban infill parcel is presented for builder, developer, and investor use, with a formal City pre-application review completed for a 20-unit Efficiency Dwelling Unit (EDU) development. The seller notes that 12-unit traditional options have also been vetted, and architectural layouts are available. Boundary and topography surveys are complete and included, supporting early planning and design work.
The property is identified as being located in Tacoma’s URX zone. The remarks also state that the site fully qualifies for Tacoma’s Multifamily Property Tax Exemption (MFTE) program, offering an 8-, 12-, or 20-year property tax exemption. The parcel is described as being within blocks of the Hilltop District T-Line light rail station and minutes from the Hilltop medical employment hub, including Tacoma General and St. Joseph Medical Center.
Information provided is based on the materials and disclosures in the listing; buyers are encouraged to verify all details to their satisfaction.
The property is identified as being located in Tacoma’s URX zone. The remarks also state that the site fully qualifies for Tacoma’s Multifamily Property Tax Exemption (MFTE) program, offering an 8-, 12-, or 20-year property tax exemption. The parcel is described as being within blocks of the Hilltop District T-Line light rail station and minutes from the Hilltop medical employment hub, including Tacoma General and St. Joseph Medical Center.
Information provided is based on the materials and disclosures in the listing; buyers are encouraged to verify all details to their satisfaction.
Key Highlights
- Tacoma URX zone parcel with zero base lot line limits for development planning and maximizing rentable footprint
- City pre‑application review completed for a 20‑unit Efficiency Dwelling Unit (EDU) development; 12‑unit traditional options also vetted
- Development architectural layouts available for the proposed EDU/option designs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,580
Businesses Nearby
Explore this area
Business Placement
Demographics for 98405, WA
24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Parcel with completed City pre-application for a 20-unit efficiency dwelling unit development and included surveys.
Where is this residential land & home lot located?
The property is located at 2029 S 8th Street #27 Tacoma, WA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Tacoma URX zone parcel with zero base lot line limits for development planning and maximizing rentable footprint; City pre‑application review completed for a 20‑unit Efficiency Dwelling Unit (EDU) development; 12‑unit traditional options also vetted; Development architectural layouts available for the proposed EDU/option designs
