Property Details
15334 Berry Valley Drive SE #15332
Yelm, WA 98597
$685,000
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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
