Active · Residential Income

15334 Berry Valley Drive SE #15332, Yelm, WA 98597

Yelm, WA 98597

$650,000

— bedrooms · — bathrooms · 0 sq ft

Loading property photos…

Listing provided by Berkshire Hathaway HS NW · MLS #2528181 · Active

More properties in Yelm · Explore local city guides

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.

Property details

Property type: Multi Family
Year built: 1997
Lot size: 8,754 sq ft
Association dues: $100 · Annually
Annual property tax: $3,998 (2026)
Parking spaces: 6
School district: Yelm

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:56:41 PM Pacific. 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.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.