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2421 98th Avenue Ct E, Puyallup, WA, 98371

9beds
5baths
6,447sqft
$2,500,000
$388price/sqft
$15,374/moest. monthly cost
$614,960/yrincome needed

About This Home

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.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

7/10
5/10
Edgemont Jr High SchoolGrades 6-90.7 mi
7/10
Puyallup High SchoolGrades 10-123.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1973

Materials

  • Foundation: Poured Concrete
  • Roof: Flat
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1985

Type & Style

  • Home type: MultiFamily
  • Architectural style: 5-9 Units
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Features

  • Flooring: Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 6,447
  • Total interior livable area: 6,447 sqft

Property

Details

  • Parcel number: 0420094018
  • Zoning description: Multi-Family,Residential,Jurisdiction: City
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 5 Acres
  • Features: Dead End Street,Paved,Cable TV,Deck,Gas Available,Patio,RV Parking
  • Lot size dimensions: 164 x 1264 x 161 x 1265

Parking

  • Total spaces: 8
  • Parking features: RV Parking
  • Attached garage spaces: 8
  • Covered spaces: 8
  • Uncovered spaces: 5