7614 48th Street E, Fife, WA 98424
- $2,499,995
- 4
- BD
- 3
- BA
- 3,852
- SqFt
Courtesy of John L. Scott, Inc.
- List Price
- $2,499,995
- Status
- ACTIVE
- Days on Market
- 180
- MLS#
- 2473127
- Subtype
- Residential
- Style
- 10 - 1 Story
- Year Built
- 1977
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 3,852
- Lot Size
- 23,087
- Acres
- 0.53
- Subdivision
- Fife
- Neighborhood
- Fife
- MLS Area Major
- Fife
Property Description
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.
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Additional Information
- Interior Features
- Second Kitchen, Fireplace, Water Heater
- Exterior Features
- Wood Products
- Property Description
- 10 - 1 Story
- Flooring
- Vinyl, Carpet
- Heating
- Forced Air, Heat Pump
- Air Conditioning
- Heat Pump
- Levels
- One
- Roof
- Composition
- Parking Features
- Driveway, Attached Garage, Off Street, RV Parking
- School District
- Puyallup
- View
- Mountains
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.