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Listed by:John L. Scott, Inc. • Darica Roesch-Hegland

Andrea Mylan

andreamylan@simplihom.com +1(253) 652-4972

Listed by:John L. Scott, Inc. • Darica Roesch-Hegland

$ 2,499,995

Est. payment -/mo

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Active

7614 48th ST E Fife, WA 98424

4 Beds

2.75 Baths

3,852 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,852 sqft

Price per Sqft $649

Subdivision Fife

MLS Listing ID 2473127

Style 10 - 1 Story

Bedrooms 4

Full Baths 2

Year Built 1977

Annual Tax Amount $8,061

Lot Size 0.530 Acres

Lot Dimensions 115X200

Property Sub-Type Single Family Residence

Property 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 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

State WA

County Pierce

Area 70 - Fife

Rooms

Main Level Bedrooms 4

Interior

Interior Features Second Kitchen, Fireplace, Water Heater

Flooring Vinyl, Carpet

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher, Refrigerator, Stove(s)/Range(s)

Exterior

Exterior Feature Wood Products

Amenities Available Cable TV, Patio, RV Parking, Shop

View Y/N Yes

View Mountains

Roof Type Composition

Garage Yes

Building

Lot Description Open Space, Paved

Story One

Sewer Available

Water Private, Shared Well

Architectural Style Craftsman

New Construction No

Schools

School District Puyallup

Others

Senior Community No

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

Our Mission: Making Real Estate Simple

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+1(253) 652-4972

andreamylan@simplihom.com