Listed by COMPASS
$2,100,000

2513 Meridian Ave E Edgewood, WA 98371

Estimated payment $11,799/month

Total Views 2,275
0.94 Acre
$2,225,048 Price per Acre
41,112 Sq Ft Lot

Highlights

  • 0.94 Acre Lot
  • Territorial View
  • Level Lot
  • Mt. View Elementary School Rated A-
  • No HOA

About This Lot

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 with 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.

Listing Agent

Mike Moghaddas

COMPASS License #47454 Listed on: 07/07/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2398434

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,287

Lot Details

  • 0.94 Acre Lot
  • Level Lot
  • Zoning described as Multi-Family

Property Views

  • Territorial Views

Community Details

  • No Home Owners Association
  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0420103027

Property Details

Property Type

Land

Est. Annual Taxes

$4,287

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • SOCComments: Thank you for showing!
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 0420103027
  • Topography: Level
  • Lot Size Acres: 0.9438
  • Lot Size Sq Ft: 41112
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4287

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $2,100,000 +171.0% --
04/20/2022 04/20/22 Sold $775,000 -6.1% --
02/14/2022 02/14/22 Pending -- -- --
11/30/2021 11/30/21 Price Changed $825,000 -10.3% --
11/03/2021 11/03/21 For Sale $920,000 0.0% --
08/04/2021 08/04/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $920,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2398434

Northwest Multiple Listing Service (NWMLS)