INVESTMENT OPPORTUNITY! Fully occupied Yelm duplex generating $3,900/month in current rental income with established tenants in both units. Reported NOI of $39,595 and approx. 6.1% cap rate at current list price, with potential rental upside. Each spacious unit offers 3 bedrooms, 2.5 baths, 1,311 sq ft, primary suite with private bath, pantry, washer/dryer, forced-air gas heat, abundant storage and attached 1-car garage. One unit has been beautifully remodeled with granite counters, updated cabinetry, laminate flooring and modern fixtures. Partially fenced yards. Convenient to JBLM, shopping, restaurants, Lacey & Olympia. Buyer to verify financials.
| MLS # | 2528181 |
|---|---|
| Listing Type | For Sale |
| Building Name | Berry Valley Estates |
| HOA Dues | $100 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 126 |
| Listing Provided By | Berkshire Hathaway HS NW | Leanne Emery |
| SQ Feet | 2,622 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.20 |
| Property | 3998 |
|---|
| State | WA |
|---|---|
| County | Thurston |
| City | Yelm |
| Zip Code | 98597 |
| Area | 453 Yelm | Rainier |
| Community Name | Yelm |
| School District | Yelm High12 |
| Elementary School | Southworth Elem |
| High School | Yelm High12 |
| Listing VS Median (in Yelm) | |
Price: $650,000 low | high Med: $539,000 sqft: 2,622 low | high Med: 3,246 $ / sqft: $248 low | high Med: $166 On site: 126 low | high Med: 92 | |
| State | WA |
|---|---|
| County | Thurston |
| City | Yelm |
| Zip Code | 98597 |
| Area | 453 Yelm | Rainier |
| Community Name | Yelm |
| School District | Yelm High12 |
| Elementary School | Southworth Elem |
| High School | Yelm High12 |
| Listing VS Median (in Yelm) | |
Price: $650,000 low | high Med: $539,000 sqft: 2,622 low | high Med: 3,246 $ / sqft: $248 low | high Med: $166 On site: 126 low | high Med: 92 | |
![]() | $515,00015172 Durant DriveYelm, WA 98597 |