15334 Berry Valley Drive SE #15332 · Yelm, WA 98597
Source: NWMLS · Berkshire Hathaway HS NW · Leanne Emery #NWM2528181
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 2 stories
- Year built
- 1997
- Building area
- 2,622 sq ft
- Lot size
- 8,754 sq ft (0.2 acres)
- County
- Thurston
- MLS #
- NWM2528181
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Laminate, Carpet
Exterior & lot
- Exterior features
- Cement Planked, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Paved, Sidewalk
- Waterfront
- No
Parking
- Parking spaces
- 6
- Garage
- 2
- Covered spaces
- 2
Utilities
- Water
- Public
- Sewer
- Sewer Connected, STEP Sewer
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Yelm
- HOA dues
- $100/yr
- Property tax
- $3,998 (2026)
Transaction
- Original list price
- $685,000 (5.1% price cut)
- Listed on
- May 22, 2026
- Days on market
- 116
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Possession
- Closing, Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2015-05-28
- Sold$250,000
Schools
School district: Yelm
- Elementary
- Southworth Elem
- Middle
- Yelm Mid
- High
- Yelm High School 12SchoolDigger 2 stars · Top 52% in WA
Listing provided courtesy of: Berkshire Hathaway HS NW
Listing agent: Leanne Emery.
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. IDX information 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-16.