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2102 - 2104 62nd Ave E Fife WA 98424
Listing #: 707033 | Status: Pending | Last Modified: 3/25/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 153,840 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 125,382 |
| Net Operating Income | 28,458 |
| CAP Rate | 1.36 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 1.355 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 2 |
| # of Floors | 2 |
| # of Units | 16 |
| Total Building SF | 13,728 SF |
| Net Rentable Area | 27,510 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 47,480 SF |
| Acres | 1.09 |
| Year Built | 1984 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Pierce |
| Market Area | Port of Tacoma/Fife |
| Tax ID # | 0420076004 |
| Zoning | HDR |
| Parking Information | |
|---|---|
| #Covered Spaces | 16 |
| # Uncovered Spaces | 14 |
| Total Parking Spots | 30 |
We are pleased to exclusively present for sale Fife Village Apartments, a 16-unit multifamily community located in Fife, Washington. Constructed in 1984, the property consists of two two-story, wood-frame buildings situated on slab-on-grade foundations with T-1 11 siding and pitched composition roofing. The asset benefits from copper plumbing and largely copper electrical wiring, with nearly all interior unit electrical panels having been updated over time. The property has been family-owned and operated for two generations, with ownership consistently maintaining the asset throughout its hold period. Recent capital improvements include the replacement of siding around the chimney stacks on both buildings. While select interior upgrades have been completed as units have turned, the majorit
Fife Village Apartments
2102 - 2104 62nd Ave E Fife WA 98424
Listing #: 707033 | Status: Pending | Listing Date: 1/13/2026 | Last Modified: 3/25/2026 | Email Listing











