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 SchoolSchoolDigger 4 stars · Top 24% in WA

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.