2513 Meridian Avenue E Edgewood, WA 98371
Sold
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Compass / Bought By: Dan French, Windermere Re/Lake Tapps, Inc

  2513 Meridian Avenue E Edgewood, WA 98371

Sold on 07/10/2026
$1,520,000 (USD)

Description

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 w/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.

Sold Date:
07/10/2026
Taxes
$4,287(2025)
Lot Size
0.94 acres
Type
Land
Style
Comm/Industrial
Views
Territorial
School District
Puyallup
County
Pierce County
Community
Edgewood

Listed By

Mike Moghaddas, Compass
Bought with
Dan French, Windermere Re/Lake Tapps, Inc
Source
Northwest MLS
Last checked Jul 17 2026 at 2:47 AM PDT
Bathroom Details
Subdivision
  • Edgewood
Lot Information
  • Paved
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Available

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 23, 2026
Listed
$1,650,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 7/16/2026 19:47. 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.