2421 98th Avenue Ct E, Edgewood, WA 98371

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2421 98th Avenue Ct E, Edgewood, WA 98371

(Active)

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Listed by: Terri Reade - Windermere RE South Sound, Inc

Active

est.$2,500,000/month.

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beds. baths. 217,800 Sqft.

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Mortgage Broker

John Juge
Highlands Residential Mortgage
jjuge@highlandsmortgage.com
(425) 275-1640
NMLS# 114272

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or Call Now: (425) 275-1640

2421 98th Avenue Ct E, Edgewood, WA 98371

$2,500,000

Active

est.$2,500,000/month.

Start My Approval

beds baths 217,800 Sq.ft.

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Property details for 2421 98th Avenue Ct E, Edgewood, WA 98371

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.

Broker details: Windermere RE South Sound, Inc

Listed by: Terri Reade
Co-listing Broker: Windermere RE South Sound, Inc
Co-listing Agent: Jordon Smith

Property Description

MLS Information

Listing: 2503890
Listing Last Modified: 2026-04-17

Property Details

Standard Status: Active
MLS Status: Active
Built in: 1973
Subdivision: Edgewood

Geographic Data

County: Pierce
MLS Area: Edgewood
Directions: GPS Friendly the additional parcel is located behind the neighboring property. Please be aware when you access.

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