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Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2471601MLS Provider

2513 Meridian Avenue EEdgewood, WA 98371

Vacant Land · 0.94 Acres
$1,650,000 Pending

2513 Meridian Avenue E Overview

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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.

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2513 Meridian Avenue E Facts & Features

  • Type Vacant Land
  • Lot 0.94 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Puyallup

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 72 - Edgewood
  • Subdivision Name: Edgewood

Tax Information

  • Tax Annual Amount: $4,287.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 0420103027
  • Possible Use: Multi-Family
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.9438
  • Lot Size Square Feet: 41112
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Available

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: Available
  • Utilities: Electricity Available, Natural Gas Available

2513 Meridian Avenue E Neighborhood

Community

98371 (Bonney Lake) Demographics

40
Median Age
1,876
Population Density (per sq. mile)
38%
College Educated
$81,699
Estimated Median Income
5,957
Estimated Total Home Owners
2,497
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2513 Meridian Avenue E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2513 Meridian Avenue E Market Data

Based on the last 30 days in this zip code

$687,225
Average List Price
$301
Average Price per Square Foot
30
Properties Sold
72
Average Days on Market
168
Properties for Sale
Calculations provided by Reliance Network

2513 Meridian Avenue E History

Date Event Value Agent
2/20/2026Source: NWMLS Status Change
Pending
1/29/2026Source: NWMLS Status Change
Pending Feasibility
1/23/2026Source: NWMLS Added to Database
January 23, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
4/25/2022Source: NWMLS Status Change
Sold
2/14/2022Source: NWMLS Status Change
Pending
12/7/2021Source: NWMLS Price Reduction
$825,000 -10.3%
11/9/2021Source: NWMLS Status Change
Active