This listing courtesy of Terri Reade , Windermere RE South Sound, Inc
$2,375,000

2421 98th Avenue Ct E, Edgewood, WA 98371

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon5acre lot
  • Property Parking Icon 8 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Rare Edgewood investment opportunity offering immediate income and future upside on approximately 5 acres. This 5-unit property includes two duplexes with identical layouts plus a single-family home. Each duplex unit features 2 bedrooms, 1.5 baths, ~1,470 SF, 2-car garage, and laundry. Main level offers entry, living room with fireplace and patio access, kitchen, dining, and half bath. Upstairs includes 2 bedrooms with Jack-and-Jill full bath and private vanity areas. Ground level provides garage and storage. Single-family home is a 1 bed, 1 bath with full basement. Extensively upgraded with new electrical and plumbing, providing a strong foundation for long-term ownership. Spacious units offer value-add potential through cosmetic updates and rent increases. Tenants pay electricity and gas; landlord pays water and sewer. Ideally located near commuter routes, shopping, and employment centers—an excellent opportunity for investors seeking both stability and growth.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 5:19PM
Listing Office:
Windermere RE South Sound, Inc : 253-838-8900
Listing Agent:
Terri Reade : 253-838-8900
MLS ID:
2545296
  • Flooring: Vinyl PlankCarpet
  • A/C: None
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0
  • General: Wood
  • Parking: RV ParkingParking spaces: 5
  • Roofing: Flat
  • General: 55 - 5-9 UnitsPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Puyallup
  • County: Pierce
  • Zoning: 0420094018
  • View: TerritorialView
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Terri Reade , Windermere RE South Sound, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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