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

$650,000
2,622
SqFt

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Listing Broker: Berkshire Hathaway HS NW; Leanne Emery; ;

List Price
$650,000
Status
ACTIVE
MLS#
2528181
Price Change
▼ $25,000 1787622590
Days on Market
134
Style
52 - Duplex
Finished SqFt
2,622
Area Total SqFt
2622
Annual Tax Ammount
3998
Internet Provider
Xfinity
Lot Size (sq ft)
8,754
Sewer
Sewer Connected, STEP Sewer

Property Description

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.

Additional Information

List Date
2026-05-27 21:58:11
Community
Yelm
Net Operating Income
$39,595
Gross Adjusted Income
$44,928
Gross Scheduled Income
$46,800
Total Monthly Income
$3,900
Insurance Expenses
$2,217
Gross Rent Multiplier
14.64
Total Expenses
$6,215
Cap Rate
6
Vacancy Rate
4
Total Number of Units
2
Unit Name
15334
Potential Terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Year Built
1997
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio, Sprinkler System
Energy Source
Electric, Natural Gas
School District
Yelm
Elementary School
Southworth Elem
Middle School
Yelm Mid
High School
Yelm High12
Total Monthly Income
$3,900
Gross Scheduled Income
$46,800
Vacancy Rate
4
Gross Adjusted Income
$44,928
Tax Year
2026
Insurance Expense
$2,217
Total Expenses
$6,215
Net Operating Income
$39,595
Gross Rent Multiplier
14.64
Cap Rate
6
Based on information submitted to the MLS GRID as of . 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.
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