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About the Listing 10088 - 155125
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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Vacant Land
MLS ®
2550405
Year Built
Total Square Footage
0
Lot/Acreage
0.1
County
Pierce
Building Name
Ferrys C P 2nd
Neighborhood
Central Tacoma
Area
27 - Central Tacoma
School District
Tacoma
Elementary School
Bryant
Middle School
Hilltop Heritage Middle
High School
Foss
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: In Street
Exterior Details
- Lot Description: Alley,Paved,Sidewalk
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: In Street
Financial Details
- Tax Amount: $2,680
- Taxes w/Assessments: N/A
- Tax/Property ID: 3830200230
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
2029 S 8th St Tacoma, WA 98405
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