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2513 Meridian Avenue E, Edgewood, WA 98371

(Pending)
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Listed by: Mike Moghaddas - COMPASS

2513 Meridian Avenue E, Edgewood, WA 98371

$
Pending
est.$1,650,000/month.
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beds. baths. 41,112 Sqft.

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2513 Meridian Avenue E, Edgewood, WA 98371

$1,650,000
Pending
est.$1,650,000/month.
Start My Approval
beds baths 41,112 Sq.ft.
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Property details for 2513 Meridian Avenue E, Edgewood, WA 98371
Huge investment opportunity to acquire a fully-entitled, shovel-ready multifamily development located in Edgewood Town Center. This .94-acre lot has approved permits & complete architectural/civil plans for a high-demand mixed-use project; 2 buildings offering 39 residential units, 2 retail/office spaces & 54 parking stalls. Designed w/modern living & convenience, the project features a gym/flex space, bike storage, EV chargers & carport parking. Utilities available via renovated street. Rent projections, project valuation, ROM construction estimates, approved architectural/civil, MEP & site development landscaping available. Excellent exposure w/16,000 cars/day. Close to I-5, Hwy 18 & Hwy 167. Robust population & strong growth potential.
Broker details: COMPASS

Listed by: Mike Moghaddas
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Property Description

MLS Information

  • Listing: 2471601
  • Listing Last Modified: 2026-01-29

Property Details

  • Standard Status: Pending
  • MLS Status: Pending Feasibility
  • Subdivision: Edgewood

Geographic Data

  • County: Pierce
  • MLS Area: Edgewood
  • Directions: WA-161 N/WA-512 E. Take the exit on the left onto WA-161 N/WA-167 S toward Milton/Tacoma. Keep right at the fork. Continue onto WA-161 N/N Meridian Ave. Destination will be on the right.
Features

Interior Features

    Exterior Features

    • Lot description: Level, Paved
    • View: Territorial

    Parking

      Utilities

      • Heating: None
      Property Information

      Tax Information

      • Tax Annual Amount: $4,287

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      Based on information submitted to the MLS GRID as of Mon Feb 09 2026 (11.37 PM). IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The three tree icon represents listings courtesy of NWMLS.
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