Rockhood
$2,499,995List price
4 bed · 3 bath · 3,852 sq ft
Active

7614 48th Street E · Fife, WA 98424

Source: NWMLS · John L. Scott, Inc. · Darica Roesch-Hegland #NWM2473127

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.

Location

Basics

Property type
Single Family Residence
Style
Craftsman
Stories
1 story
Year built
1977 (renovated 2015)
Lot size
23,087 sq ft (0.53 acres)
County
Pierce
MLS #
NWM2473127

Interior

Heating
Forced Air, Heat Pump
Cooling
Heat Pump
Flooring
Vinyl, Carpet
Appliances
Dishwasher, Refrigerator, Stove(s)/Range(s)
Fireplace
1 · Wood Burning
Interior features
Second Kitchen, Fireplace, Water Heater

Exterior & lot

Exterior features
Wood Products
Roof
Composition
Foundation
Poured Concrete
Lot features
Open Space, Paved
Topography
Level
View
Mountains
Waterfront
No

Parking

Parking spaces
4
Garage
Yes (attached)
Covered spaces
2
Parking features
Driveway, Attached Garage, Off Street, RV Parking

Utilities

Water
Private, Shared Well
Sewer
Available
Power
Electric

Community & fees

Subdivision
Fife
Property tax
$8,061 (2025)

Transaction

Listed on
Jan 31, 2026
Days on market
232
Price per sq ft
$649
Listing terms
Cash, Conventional, VA Loan
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2008-06-30
Sold$290,000

Schools

School district: Puyallup

High
Puyallup High School
SchoolDigger 4 stars · Top 24% in WA

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Listing provided courtesy of: John L. Scott, Inc.

Listing agent: Darica Roesch-Hegland.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-17.