Property Details
2819 58th Avenue E
Fife, WA 98424
$1,200,000
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Property Overview
Rare duplex investment opportunity in Fife! Well-maintained property featuring two spacious units, each offering 3 bedrooms, 2.5 bathrooms, approximately 1,585 sq ft, open-concept living areas, gas fireplace, attached garage, and private outdoor space. Totaling 3,170 sq ft, the property currently generates approximately $6,000 per month in rental income. Ideal for investors seeking strong cash flow or owner-occupants looking to house hack by living in one unit while generating income from the other. Conveniently located near I-5, schools, shopping, dining, and major commuter routes. Separate unit addresses: 2819 and 2901 58th Ave E. Rare opportunity to own a duplex in Fife, with limited comparable duplex inventory in the immediate area. Excellent income potential and long-term investment value.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Fife
Listed
Jun 23, 2026
Structure Type
Duplex
Parcel Number
6024230190
Tax & HOA
Annual Property Tax
$7,275 (2026)
Est. Monthly Tax
$606/mo
HOA Fee
$750/annually
Financial Summary
Cap Rate
5.22%
Net Operating Income
$62,630
Gross Scheduled Income
$72,000
Gross Rent Multiplier
16.67
Total Expenses
$10,725
Building & Use
Building Sq Ft
3,170
Leasable Area
3,170 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
7,688 sqft
Year Built
2004
Exterior & Lot
Lot Size
0.18 sqft
Year Built
2004
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Metal/Vinyl
Community & Access
Directions
From Valley Ave E, turn onto 58th Ave E. Property will be on the left.
Location
City
Fife
County
Pierce
Coordinates
47.23105, -122.35188
Additional Information
Tax Year
2026
Annual Taxes
$7,275
Possession
Array
Based on information submitted to the MLS GRID as of June 24, 2026 1:00 AM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
