Listed By:
John L. Scott, Inc. and NWMLS
Address
7614 48th Street E, Fife, WA
Price
$ 2,499,995
Property Attributes
  • ID#2473127
  • TypeSingle Family
  • CountyPIERCE
  • CityFife
  • AreaFife
  • NeighborhoodFife
  • Zip98424
  • StyleCraftsman
  • Year Built1977
  • Taxes$ 8061
  • Price$ 2,499,995
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3852
  • Lot Size0.53 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
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.

Price History
1/31/2026 Listed $2,499,995

General Features

Living Area 3852
Sewer Available
Heating Forced Air,Heat Pump
Cooling Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher,Refrigerator,Stove(s)/Range(s)
Architectural Style Craftsman
Year Built 1977
View Mountains
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Pierce
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Fife
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions From Pioneer go R on 52nd St E,L on 66th,R on Levee Rd,L on70th,R on 48th NO LISTING SIGNAGE
City Fife
Senior Community Y/N No
High School District Puyallup
MLS Area 70 - Fife
Lot Size Units Square Feet
Lot Size Square Feet 23087
Carport Y/N No
Listing Terms Cash,Conventional,VA Loan
Land Lease Y/N No
Tax Annual Amount 8061
Public Remarks 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 totali
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company well
Total Actual Rent 3000
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Second Kitchen,Fireplace,Water Heater
Flooring Vinyl,Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
3/4 Baths 1
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 3
Bedrooms Possible 3
Water Heater Type electric
Fireplaces Main 1
Power Production Type Electric
Baths Three Quarter Main 1
Baths Full Main 2
Bathrooms 2.75

Exterior Features

Exterior Amenities Wood Products
Parking Features Driveway,Attached Garage,Off Street,RV Parking
Lot Features Open Space,Paved
Water Source Private,Shared Well
Total Parking 4
Inclusions Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 3852
Lot Dimensions 115X200
Lot Size Acres 0.53
Waterfront Y/N No
Covered Spaces 2
Irrigation Water Rights Y/N No
Site Features Cable TV,Patio,RV Parking,Shop
Parking Uncovered Total 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98424

Price
AVG $780K
$2.5M
Taxes
AVG $5,290
$8,061
Year Built
AVG 1984
1977
Visits
AVG 330
923
Data Provided by Inside Real Estate®

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