2513 Meridian Avenue E
Edgewood, WA 98371
Map
- – beds
- – baths
- – sqft
- ~1 acre 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.
Last checked:
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Checking…
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Last updated Jul 7, 2025
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MLS# 2398434 —
The Building
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Structure Type:Industrial
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Building Area Units:Square Feet
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.23433
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Longitude:-122.293798
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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.
The Property
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Property Type:Land
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Property Subtype:Land
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Parcel Number:0420103027
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Lot Features:Paved
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Lot Size Units:Square Feet
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Lot Size Acres:0.9438
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Lot Size SqFt:41112
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Lot Size Source:Realist
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Zoning Description:Multi-Family
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Zoning Jurisdiction:City
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Electric On Property:false
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View:Territorial
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View:true
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Waterfront:false
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Topography:Level
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Road Surface:Paved
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Road Information:Paved
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (425) 242-6440
- Office phone:
- (425) 242-6440
Taxes
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Tax Year:2025
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Tax Annual Amount:4287
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:false
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Water Source:Available
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Sewer:Available
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Electricity Status:In Street
Schools
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High School District:Puyallup
The Community
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Subdivision Name:Edgewood
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Senior Community:false
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Association:false
Parking
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Carport:false
Listing courtesy of NWMLS / COMPASS
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/7/25
Jul 7, 2025
|
Listed / Active | NWMLS | $2,100,000 | 171.0% (53.2% / YR) |
|
4/20/22
Apr 20, 2022
|
NWMLS | $775,000 | -6.1% | |
|
2/14/22
Feb 14, 2022
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NWMLS | $825,000 |
