MLS #2503890 / Listing provided by NWMLS & Windermere RE South Sound, Inc.
$2,500,000
2421 98th Avenue Ct E
Edgewood,
WA
98371
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 8
- Parking Features: RV Parking
- Parking Total: 5
- Total Uncovered Parking Spaces: 5
Structure
- Roof: Flat
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 5
- Foundation: Poured Concrete
Schools
- High School District: Puyallup
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 5
- Foundation: Poured Concrete
Power
- Energy Source: Natural Gas
- Power Company: PSE
Water, Sewer, and Garbage
- Sewer Company: Lake Haven
- Sewer: Sewer Connected
- Water Company: City of Milton
- Water Source: Public
- Water, Sewer, and Garbage: 6140.13
Jill Hannem
Broker | REALTOR®
Send Jill Hannem an email