7614 48th Street E, Fife, WA 98424

4 beds |
3 baths |
3,852 sqft

Single-Family Home
Built in 1977
0.53acre lot
—— car garage
$649/sqft
Listed 3 months ago

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.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 3:20PM
Listing Office:: John L. Scott, Inc. : 253-841-7000
Listing Agent:: Darica Roesch-Hegland : 253-841-7000
MLS ID:: 2473127

General: Second KitchenFireplaceWater Heater
Appliances: DishwasherRefrigeratorStove(s)/Range(s)
Flooring: VinylCarpet
A/C: Heat Pump
Heating: Forced AirHeat Pump
Fireplace: Wood BurningFireplaceFireplaces: 1

General: Wood Products
Parking: DrivewayAttached GarageOff StreetRV ParkingParking spaces: 4

Roofing: Composition
General: OnePoured Concrete

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Puyallup
County: Pierce

Topography: Level
Zoning: 0420206001
View: MountainsView

Water: PrivateShared Well
Sewer: Available

Source: nwmls

This listing courtesy of Darica Roesch-Hegland , John L. Scott, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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