$2,499,995
Est. $12,615/mo4 bd•2 ba•3,852 sq ft
7614 48th Street E, Fife, WA 98424
• Listed 2026-01-31•20 days on market
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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.
Listed by Darica Roesch-Hegland • John L. Scott, Inc.
Listing updated: May 20, 2026 at 12:37pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2473127
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Nearby open houses (1)
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7614 48th Street E, Fife, WA 98424
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$13,912 per month
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$2,499,995
7618 48th Street E, Fife, WA 98424
Darica Roesch-Hegland · John L. Scott, Inc.
$1,950,000
518 64th Avenue Ct East, Fife, WA 98424
Lauri Mcleod · John L. Scott R.E. Lake Tapps
$1,950,000
518 64th Avenue Ct East, Fife, WA 98424
Lauri Mcleod · John L. Scott R.E. Lake Tapps
Fife is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
$725,000 Sold
2 months ago
4 bd•2.5 ba•~2,643 sq ft•Single Family
6519 Discovery Street E, Fife, WA 98424
0%
Over list
—
Days on market
1.0 mi
Distance
$95,000 Sold
5 months ago
2 bd•2 ba•Single Family
7102 49th Street E ##3, Fife, WA 98424
1%
Over list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
