Property Details
7614 48th Street E
Fife, WA 98424
$2,499,995
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About This Home
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 Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
Fife
Listed
Jan 31, 2026
Interior Features
Bedrooms
4
Bathrooms
2.8
Living Area
3,852 sq ft
Interior Features
Second Kitchen, Fireplace, Water Heater
Exterior & Lot
Lot Size
0.53 sqft
Year Built
1977
Exterior Materials
Wood
Parking
Driveway, Attached Garage, Off Street, RV Parking
Sewer
Available
Water Source
Private, Shared Well
Lot Features
Open Space, Paved
Exterior Features
Wood Products
Location
City
Fife
County
Pierce
Coordinates
47.21311, -122.32833
Schools
School District
Puyallup
Additional Information
Tax Year
2025
Annual Taxes
$8,061
Possession
Array
Inclusions
Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Total Interest Paid
$0
Total Cost of Loan
$0
Provided by Beyond Real Estate, LLC
