Listed by Cynthia Schmier, RE/MAX Country
- 6,052
- Square feet
- $136
- Per sq ft
- Multi Family
- Type
- 1962
- Year built
- 192,971 sq ft
- Lot
- 55
- Days on market
About this property
Attention investors! Incredible opportunity to own a well-established income-producing multi-family property with tremendous upside potential. Situated on nearly 5 usable acres, this unique property features three total residential buildings, including a one 4-plex, one duplex, and a separate 2-bedroom, 1-bath single-family home. With a strong rental history and long-term tenancy in place, this property offers immediate cash flow along with future income-growth opportunities. All units are single-story, a highly desirable feature for tenants that also helps simplify maintenance and long-term management. The expansive acreage provides additional possibilities for future improvements, including the potential to add tenant storage units or other income-producing amenities, subject to buyer verification. Located at the end of a quiet cul-de-sac, the property offers a peaceful and private setting while still being conveniently close to everyday amenities. Just minutes from town and approximately 20 minutes to the East Gate of JBLM, this location is ideal for attracting and retaining tenants seeking both convenience and privacy. Whether you are looking to expand your investment portfolio or secure a property with long-term upside and stable occupancy, this rare multi-family opportunity checks all the boxes.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2519652
- Listed
- May 19, 2026
- Days on market
- 55
- Price per sq ft
- $136
Unit & building
- Stories in building
- 1
- Units in building
- 7
Parking
- Parking
- RV Parking
- Covered spaces
- 4
- Total spaces
- 34
Views
- View
- Territorial
Construction
- Year built
- 1962
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Wall Furnace
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- VinylCarpet
Lot
- Lot features
- Dead End StreetPavedSecluded
- Lot size
- 192,971 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Individual Well
- Sewer
- Septic Tank
Schools
- District
- Yelm
- Elementary
- Fort Stevens Elem
- Middle
- Yelm Mid
- High
- Yelm High12
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- RV Parking
- Territorial
- Multi Family
- Composition
- Wall Furnace
- None
- Electric
- Vinyl
- Carpet
- Dead End Street
- Paved
- Secluded
Listing history
Listed
$825,000
May 19, 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
$4,805
- Principal & interest
- $4,172
- Property tax (est.)
- $633
Assumes $165,000 down (20%), a $660,000 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.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM 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.