$2,499,995
 $13,421 est/mo Sourced by Back At You

7614 48th Street,Fife, WA 98424

Fife, WA 98424

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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 leasesbelow 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.

Details

MLS #2473127
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1977
Days On Site217
Listing Provided ByJohn L. Scott, Inc. | Darica Roesch-Hegland

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet3,852
Garage2
Story(s)1
ZoningMedium Density
Acreage0.53
Property ViewYes

Taxes

Property8061

Area Information

StateWA
CountyPierce
CityFife
Zip Code98424
Area70 Fife
Community NameFife
Listing VS Median (in Fife)
Price:
$2,499,995
low | high
Med:
$562,500
100% of Average
sqft:
3,852
low | high
Med:
1,618
100% of Average
$ / sqft:
$649
low | high
Med:
$353
95.606725947345% of Average
On site:
217
low | high
Med:
27
100% of Average
Sourced by Back At You

Market Activity 98424

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Learn More About This Property

StateWA
CountyPierce
CityFife
Zip Code98424
Area70 Fife
Community NameFife
Listing VS Median (in Fife)
Price:
$2,499,995
low | high
Med:
$562,500
100% of Average
sqft:
3,852
low | high
Med:
1,618
100% of Average
$ / sqft:
$649
low | high
Med:
$353
95.606725947345% of Average
On site:
217
low | high
Med:
27
100% of Average
Sourced by Back At You
Listing Updated: August 18, 2026 at 9:30:42 PM PDT