2513 Meridian Avenue E, Edgewood, WA 98371
- $1,520,000
Listing courtesy of COMPASS. Selling Office: Windermere RE/Lake Tapps, Inc.
- Sold Price
- $1,520,000
- List Price
- $1,650,000
- Status
- SOLD
- MLS#
- 2471601
- Closing Date
- Jul 10, 2026
- Days on Market
- 136
- Lot Size (sq ft)
- 41,112
Property Description
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.
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Additional Information
- Community
- Edgewood
- Style
- 43 - Comm/Industrial
- Zoning Jurisdiction
- City
- View
- Territorial
- Sewer
- Available
- Tax Year
- 2025
- School District
- Puyallup
- Potential Terms
- Cash, Conventional
- Driving 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.
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