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2421 98th Avenue Ct E, 
Edgewood, WA 98371

$2,500,000

—

Bed

—

Bath

6,447

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Terri Reade

, 

Jordon Smith

Windermere Re South Sound, Inc

Last updated:

May 21, 2026, 11:08 AM

MLS#

2503890

Source:

NWMLS

About This Home

2421 98th Avenue Ct E

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.

Home Facts

Multi-Family

Built in 1973

Price Summary

2,500,000

$387 per Sq. Ft.

MLS #:

2503890

Last Updated:

May 21, 2026, 11:08 AM

Rooms & Interior

Interior

Living Area:

6,447 Sq. Ft.

Structure

Structure

Building Area:

6,447 Sq. Ft.

Year Built:

1973

Lot

Lot Size (Sq. Ft):

217,800

Finances & Disclosures

Finances

Price:

$2,500,000

Price per Sq. Ft:

$387 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 21, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.