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JRJeff ReynoldsCompass · Seattle

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

4
Bedrooms
3
Bathrooms
3,852
Square feet
$649
Per sq ft
Single Family Residence
Type
1977
Year built
23,087 sq ft
Lot
163
Days on market

About this property

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 & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2473127
Listed
January 31, 2026
Days on market
163
Price per sq ft
$649

Unit & building

Unit levels
One

Parking

Parking
DrivewayAttached GarageOff StreetRV Parking
Covered spaces
2
Total spaces
4

Views

View
Mountains

Construction

Year built
1977
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirHeat Pump
Cooling
Heat Pump
Energy source
Electric

Interior features

Features
Second KitchenFireplaceWater Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
VinylCarpet

Appliances

Appliances
DishwasherRefrigeratorStove(s)/Range(s)

Lot

Lot features
Open SpacePaved
Lot size
23,087 sq ft

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
well
Sewer
at street
Power
PSE

Schools

District
Puyallup

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Driveway
  • Attached Garage
  • Off Street
  • RV Parking
  • Mountains
  • House
  • Composition
  • Forced Air
  • Heat Pump
  • Electric
  • Second Kitchen

Listing history

  1. Listed

    $2,499,995

    January 31, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$14,558

Principal & interest
$12,641
Property tax (est.)
$1,917

Assumes $499,999 down (20%), a $1,999,996 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. 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.