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Fife Village Apartments For Sale
For Sale
$2,100,000
Pending

2102 62nd Ave E, Fife, WA 98424

16-unit multifamily community in Fife, Washington.

Property SizeContact for details
Days on Market239

Property Features for 2102 62nd Ave E

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1984
Listing Agency: MARCUS & MILLICHAP, INC.
Listed By: KELLAN MOLL · License #(S):WA:111361
Source: Corcoran
Added: Jan 13 Changed: Jul 6 Last Checked: Jul 23 at 10:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP, INC.

Investment Insights

Based on property information with market context.

Fife Village Apartments is 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. Recent capital improvements include the replacement of siding around the chimney stacks on both buildings. The property has been family-owned and operated for two generations, with ownership consistently maintaining the asset throughout its hold period.

Key Highlights

  • 16‑unit multifamily community in Fife, Washington.
  • Family‑owned and operated for two generations, indicating consistent maintenance.
  • Copper plumbing and largely copper electrical wiring throughout.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Nail Salon Barber Shop Bakery Gym & Fitness Center Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 98424, WA

12,132
Population
4,558
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
6.3 sq mi
ZIP Area
1,926
Density / Sq Mi
$93,633
Median Household Income
$52,250
Median Earnings
$1,836
Median Rent
$497,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 16-unit multifamily community in Fife, Washington.
Where is this apartment building located?
The property is located at 2102 62nd Ave E Fife, WA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 16‑unit multifamily community in Fife, Washington.; Family‑owned and operated for two generations, indicating consistent maintenance.; Copper plumbing and largely copper electrical wiring throughout.
More about this property
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