LISTING DETAILS

Fife Village Apartments

2102 - 2104 62nd Ave E Fife WA 98424

Listing #: 707033 | Status: Pending | Last Modified: 3/25/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income153,840
Vacancy Factor %0.00%
Operating Expenses125,382
Net Operating Income28,458
CAP Rate1.36 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate1.355
Building Information
Building StatusExisting
# of Buildings2
# of Floors2
# of Units16
Total Building SF13,728 SF
Net Rentable Area27,510 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF47,480 SF
Acres1.09
Year Built1984
Property Type
Property TypeMulti-Family
Location
CountyPierce
Market AreaPort of Tacoma/Fife
Tax ID #0420076004
ZoningHDR
Parking Information
#Covered Spaces16
# Uncovered Spaces14
Total Parking Spots30

Fife Village Apartments

Public Comments

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

For Sale

Fife Village Apartments

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