Property Details

15334 Berry Valley Drive SE #15332
Yelm, WA 98597
$685,000
MLS# 2528181 courtesy of NWMLS Listing firm: Berkshire Hathaway HS NW

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

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

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Multi-Family
Property Type
2,622
Bldg Sq Ft
2
Units
6.00%
Cap Rate
1997
Year Built

Property Overview

Lovely duplex located in the heart of Yelm offering two spacious units, each featuring 3 bedrooms, 2.5 baths, and approximately 1,300 sq ft of comfortable living space. Each home includes a spacious primary suite with private full bath, pantry, washer and dryer, forced-air gas heat, abundant storage, and an attached 1-car garage with opener. The landscaped property also features partially fenced yards for added privacy. One unit has been beautifully remodeled with granite countertops, updated cabinetry, laminate flooring, and modern fixtures throughout. Situated in a quiet community with small-town charm, yet conveniently close to JBLM, shopping, restaurants, schools, parks, golf courses, Lacey, Olympia, and surrounding areas. This property is in an ideal location for both owner-occupants and investors alike.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Thurston
Neighborhood Yelm
Listed May 22, 2026

Financial Summary

Cap Rate 6.00%
Net Operating Income $39,595
Gross Scheduled Income $46,800
Gross Rent Multiplier 14.64
Total Expenses $6,215
Vacancy Rate 4.0%

Building & Use

Building Sq Ft 2,622
Leasable Area 2,622 sqft
Total Units 2
Lot Size 8,756 sqft
Year Built 1997

Exterior & Lot

Lot Size 0.20 sqft
Year Built 1997
Garage 2 spaces
Exterior Materials Cement Plank, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved, Sidewalk
Exterior Features Cement Planked, Wood Products

Location

City Yelm
County Thurston
Coordinates 46.94413, -122.61598

Additional Information

Tax Year 2026
Annual Taxes $3,998
Possession Array
Listed By
Leanne Emery
Berkshire Hathaway HS NW

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