2421 98th Avenue Ct E, Edgewood, WA 98371

Property Description

Rare multi-family and development opportunity in sought-after Edgewood. This fully renovated 5-plex has been extensively upgraded with new electrical and plumbing throughout, offering a turnkey investment with strong rental appeal and reduced future maintenance. The offering includes an additional parcel (#0420094003) totaling approximately 23,522 square feet, presenting significant potential for future development, additional units, or expansion (buyer to verify). Whether you're looking to hold for steady cash flow or unlock the site's full potential, this property offers a unique combination of current income and long-term development upside. Ideally located near key commuter routes, shopping, and employment centers, this is a strategic acquisition for investors seeking both stability and growth.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 2:19PM

Listing Office:

Windermere RE South Sound, Inc : 253-838-8900

Listing Agent:

Terri Reade : 253-838-8900

MLS ID:

2503890

Interior

• Flooring: Vinyl PlankCarpet
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Wood
• Parking: RV ParkingParking spaces: 5

Construction

• Roofing: Flat
• General: 55 - 5-9 UnitsPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Puyallup
• County: Pierce

Lot

• Zoning: 0420094018
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls