Property Details
302 Van Trump Avenue NE
Yelm, WA 98597
$725,000
Active
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Property Overview
Two homes on 1 lot in Yelm • C-1 zoning • 2022 ADU • Separate meters & fenced yards, a great duplex alternative.Rare opportunity for two separate residences on one property in downtown Yelm with City of Yelm water/sewer and Commercial, C-1 zoning on a 0.14-acre lot. Ideal setup for rental income, multi family or multi-residence use with separate entrances, separate power meters, and separately fenced yards. 302A is a single-story home built in 1922, offering 980 SF, 2 bedrooms, 1 newly remodeled full bath, covered front porch, back deck, storage shed, and utility room with washer/dryer and electric water heater. Updates include new roof, new gutters, new exterior paint and fresh interior paint. Heating/cooling includes wall heat in each room plus a mini-split. Parking includes driveway space for 3 vehicles plus street parking. 302B is a 2022-built ADU, two-story 792 SF, with 2 bedrooms and 1.5 baths, wall heat, and mini-split for heating and cooling, plus stacked washer/dryer. 302B includes a 2-car driveway plus off-street parking. Current combined rental income is approx. $3,500/month with tenants paying utilities. 302A is currently vacant. 302B is tenant occupied and shown only after mutual acceptance. Located in the heart of Yelm near businesses, services, parks, schools, theater, public library and easy SR-507 communter access. 35 minutes to JBLM east or main gate.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Yelm
Listed
Mar 30, 2026
Financial Summary
Net Operating Income
$11,380
Gross Scheduled Income
$21,600
Total Expenses
$10,220
Vacancy Rate
50.0%
Building & Use
Building Sq Ft
1,772
Leasable Area
1,772 sqft
Total Units
2
Zoning
Commercial,Residential
Possible Use
Commercial, Residential
Lot Size
5,998 sqft
Year Built
1922
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1922
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved
Exterior Features
Cement Planked, Wood, Wood Products
Location
City
Yelm
County
Thurston
Coordinates
46.94204, -122.60211
Additional Information
Tax Year
2026
Annual Taxes
$3,669
Possession
Array
Based on information submitted to the MLS GRID as of May 4, 2026 3:45 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
