15334 Berry Valley Drive SE # 15332 Yelm, WA $ 650,000
15334 Berry Valley Drive SE # 15332
$ 650,000
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15334 Berry Valley Drive SE # 15332

Yelm, WA, 98597
$ 650,000
Bedrooms6 Baths6.0 Sq 2,622

Monthly Estimate*

$ 4,489

Listed by Leanne Emery, Berkshire Hathaway HS NW, 253-921-7019, leanneemery@BHHSNWRealEstate.com
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Multi-Family Home for sale in Yelm, WA

for $650,000 with 6 bedrooms and 6 full baths. This 2,622 square foot home was built in 1997 on a lot size of 0.201.

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.

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Multi-Family Active

Price

$ 650,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 3,998

Style

Duplex

Lot Size

0.201

Year Built

1997

Town/City

Yelm

County/Region

Thurston

MLS | Web ID

2528181

Features
General
Living Area 0
Sewer Sewer Connected STEP Sewer
Heating Forced Air
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 100
Garage Spaces 2
Security Features Partially Fenced
Year Built 1997
Unit Number 15332
Property Subtype Multi Family
Tax Year 2026
Building Name Berry Valley Estates
Assoc Fee Paid Per Annually
County Thurston
Net Operating Income 39595
Insurance Expense 2217
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Yelm
Special Listing Conditions None
Status Active
Directions From Yelm Ave go SW (left) onto Longmire St SW. Go NW (right) onto Berry Valley Dr SE.
High School Yelm High12
City Yelm
Senior Community Y/N N
High School District Yelm
Number Of Units Total 2
MLS Area 453 - Yelm/Rainier
Lot Size Units Square Feet
Lot Size Square Feet 8754
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School Southworth Elem
Tax Annual Amount 3998
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Yelm Mid
Public Remarks 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 curren
Leasable Area 2622
Virtual Tour https://bear-lens.aryeo.com/sites/rmoaxzvl/unbranded
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Yelm
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 6
AFH 310
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Exterior
Exterior Amenities Cement Planked Wood Products
Lot Features Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2622
Lot Size Acres 0.201
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Patio Sprinkler System
Parking Uncovered Total 4
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2528181
Street Number 1 15334
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* Excluded Features
List By
Leanne Emery

Listing Agent

Berkshire Hathaway Hs Nw

Broker

leanneemery@BHHSNWRealEstate.com

Email

Affordability Calculator

$4,823
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258378 Elementary School
256745 Middle School
Yelm High12 High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$650,000 -3.70% Price Down
7/22/2026$675,000 -1.46% Price Down
5/22/2026$685,000 Listed Price

Map


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15334 Berry Valley Drive SE # 15332, Yelm, WA, 98597 is a Multi-Family Home for sale at $650,000 with 2,622 sqft and a lot size of 0.201. 15334 Berry Valley Drive SE # 15332 has 6 bedrooms, 6.0 baths, and was built in 1997. The property's zip code is 98597 which is in Yelm, WA