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MLS: #NWM2545296, Listed By: Terri Reade, Windermere RE South Sound, Inc, Source:NWMLS - Northwest Multiple Listing Service

2421 98th Avenue Ct

Edgewood, WA 98371
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Bed 0

Bed

Bath 0

Bath

SqFt6,447

Sqft

Acres5

Acres(Lot)

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 ga s; landlord pays water and sewer. Ideally located near commuter routes, shopping, and employment centers—an excellent opportunity for investors seeking both stability and growth.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,375,000

AD Id : 86158312

MLS Id : NWM2545296

Lot Size : 5 Acres

Living Area Size : 6,447

Year Built : 1973

Garage : 8

County : Pierce

Subdivision: Punta Gorda

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Feature Features

  • Interior Features

    Roof: Flat

    Roofing Information

    Flat
  • Flooring Information

    Flooring: Vinyl Plank, Carpet Construction Materials: Wood
  • Heating & Cooling

    Heating: Forced Air Has Heating: Yes Cooling: None WaterSource: Public

  • Building Information

    Year Built: 1973
  • Exterior Features

    Wood Construction Materials: Wood Foundation Details: Poured Concrete

  • Lot Information

    Lot Dimensions: 164x1264x161x1265 Lot Description: Dead End Street, Paved Lot Square Feet: 217800 Lot Acres: 5

    Property Information

    Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family

  • Listing Price Information

    Original List Price:$2375000

  • Tax Information

    Annual Tax: $14369.87 Tax Year: 2025 Parcel Number: 0420094018

  • Parking Information

    Total Parking: 5 RV Parking

    Garage Information

    Garage Space: 8

  • School Information

    Elementary School: Buyer To Verify Junior High School: Buyer To Verify Senior High School: Buyer To Verify
  • Utility Information

    Sewer: Sewer Connected Water Source: Public
  • Location Information

    Subdivision: Edgewood City: Edgewood Direction: Take Exit 137 for WA-99 / 54th Ave E / Milton. Head east on 54th Ave E (toward Edgewood). Continue as the road becomes Milton Way / Meridian Ave E. Turn right onto 24th St E. Turn left onto 98th Ave C
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Based on information submitted to the MLS GRID as of 06/27/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the 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.
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ByOwner last updated this listing 06/27/2026 @ 06:20

MLS: NWMLS #2545296 LISTED BY: Terri Reade, Windermere RE South Sound, Inc 253-838-8900 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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