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Provided by NWMLS, Listed by Darica Roesch-Hegland, 253-841-7000 at John L. Scott, Inc.
4 Beds
3 Baths
3,852 sqft

$2,499,995

7614 48th Street E, Fife WA, 98424

Price per sqft$649.01
Built in1977
Property size3,852 sqft
Property typeResidential

Overview

Active

Updated 2 weeks ago

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.

$16,633/mo

Est. mortgage payment based on a $2,499,995 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2473127

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.53 Acres

Other Property Details

Taxes
$8,061
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Darica Roesch-Hegland, 253-841-7000 at John L. Scott, Inc.

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/8/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/8/2026 at 2:52 AM UTC . 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.

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Data last updated on 10/8/2026 at 2:52 AM UTC 

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