2421 98th Avenue Ct E, Puyallup, WA, 98371
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
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Volcanic Activity
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Pierce County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,009 | $144,108 |
| Home Insurance * | $497 | $5,964 |
| Property Taxes | $1,682 | $20,184 |
| Electricity | $440 | $5,291 |
| Total | $14,628 | $175,536 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Listed for sale | $2,500,000 |
| 2023-02-07 | Listing removed | -- |
| 2023-01-27 | Listed for rent | $1,950 |
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