Listing provided courtesy of John L. Scott, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2473127MLS Provider

7614 48th Street EFife, WA 98424

Single Family · 4 Beds · 2 Full Baths · 1 Three Quarter Bath · 3,852 Sq. ft. | 0.53 Acres
$2,499,995 Active

7614 48th Street E Overview

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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.

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7614 48th Street E Facts & Features

  • Type Single Family
  • Sq. ft. 3,852
  • Price/Sq.ft. $649
  • Lot 0.53 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Puyallup

Building Information

  • New Construction: No
  • Year Built: 1977

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 70 - Fife
  • Subdivision Name: Fife

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $8,061.00
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
  • Listing Terms: Cash, Conventional, VA Loan
  • Parcel Number: 0420206001
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 4
  • Bedrooms Possible: 3

Building Interior

  • Appliances Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
  • Building Area Total: 3852
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3852
  • Square Footage Finished: 3852

General Information

  • Appliances: Dishwasher, Refrigerator, Stove(s)/Range(s)
  • Cooling: Yes
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Second Kitchen, Fireplace, Water Heater
  • Levels: One
  • Living Area: 3852
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking
  • Parking Total: 4
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Open Space, Paved
  • Lot Size Acres: 0.53
  • Lot Size Dimensions: 115X200
  • Lot Size Square Feet: 23087
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Patio, RV Parking, Shop
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Private, Shared Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Wood Products
  • Sewer: Available

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bathroom Full

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

7614 48th Street E Neighborhood

Community

98424 (Fife) Demographics

32
Median Age
1,787
Population Density (per sq. mile)
39%
College Educated
$78,243
Estimated Median Income
1,888
Estimated Total Home Owners
2,333
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7614 48th Street E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7614 48th Street E Market Data

Based on the last 30 days in this zip code

$770,510
Average List Price
$415
Average Price per Square Foot
5
Properties Sold
92
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network

7614 48th Street E History

Date Event Value Agent
1/31/2026Source: NWMLS Added to Database
January 31, 2026