Active · Residential

7614 48th Street E, Fife, WA 98424

Fife, WA 98424

$2,499,995

4 bedrooms · 3 bathrooms · 3,852 sq ft

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Listing provided by John L. Scott, Inc. · MLS #2473127 · Active

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About this property

Investor / Builder Opportunity – Fife, WA | ±4.4 Acres | Medium Density Residential Rare opportunity in the rapidly expanding Fife/Puyallup market. This offering combines two contiguous listings totaling approximately 4.4 acres, delivering both immediate cash flow and long-term development upside. Property includes: .53-acre parcel featuring a well-maintained 4-bedroom duplex (2 bed / 1 bath per unit) 3.87-acre parcel improved with an additional 3-bedroom residence (MLS #2473023) Total: ±4.4 acres (must be sold together) The duplex generates in-place income with units currently rented at $1,500 each ($3,000 total/month) on month-to-month leases—below market, offering clear upside. Maintain as a holding asset while advancing entitlement, short plat, or phased development. Medium Density Residential Zoning City sewer available (seller has paid assessments in full) Favorable topography with partial Mount Rainier views Strong growth corridor influenced by nearby infrastructure expansion, including the planned State Route 167 connection Excellent access to major employment and logistics hubs This is an ideal land bank + income strategy: generate revenue today while positioning for future density and appreciation in one of Pierce County’s fastest-growing submarkets. Buyer to verify development potential, zoning, and utilities to their satisfaction.

Property details

Property type: Single Family Residence
Year built: 1977
Lot size: 23,087 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $8,061 (2025)
Parking spaces: 4
School district: Puyallup

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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