Listed by Leanne Emery, Berkshire Hathaway HS NW
- 2,622
- Square feet
- $248
- Per sq ft
- Multi Family
- Type
- 1997
- Year built
- 8,754 sq ft
- Lot
- 138
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Yelm/Rainier area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2528181
- Listed
- May 22, 2026
- Days on market
- 138
- Price per sq ft
- $248
- Original list price
- $685,000
Unit & building
- Unit
- 15332
- Building
- Berry Valley Estates
- Stories in building
- 2
- Units in building
- 2
Homeowners association
- HOA dues
- $100 annually
Parking
- Covered spaces
- 2
- Total spaces
- 6
Construction
- Year built
- 1997
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- LaminateCarpet
Lot
- Lot features
- PavedSidewalk
- Lot size
- 8,754 sq ft
Terms
- Terms offered
- CashConventionalFHAUSDA LoanVA Loan
Utilities
- Water
- City of Yelm
- Sewer
- City of Yelm
- Power
- Puget Sound Energy
Schools
- District
- Yelm
- Elementary
- Southworth 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.
- Duplex
- Composition
- Forced Air
- None
- Electric
- Natural Gas
- Laminate
- Carpet
- Paved
- Sidewalk
- Cash
- Conventional
Listing history
Listed
$685,000
May 22, 2026
Current price
$650,000
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
$3,793
- Principal & interest
- $3,287
- Property tax (est.)
- $498
- HOA dues
- $8
Assumes $130,000 down (20%), a $520,000 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 October 12, 2026 at 4:30 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.