17809 120th Avenue SE Yelm, WA 98597

One of a kind property located at the end of a dead end street.

Stunning Mt Rainier views on a clear day

Circular Driveway for convenient access to all of the seven units

Front entrances to units 1 through 4 of the 4-plex

Rear entrance with carports for 4-plex

Front entrance for individual two bedroom one bath home

Rear view of two bedroom one bath home

Duplex that overlooks the back portion of the property that is wooded

Brand new well house with pressure tank and filter system

Approximate boundary lines. Buyer to verify all the information

Approximate boundary lines. Buyer to verify all the information

Units 1 through 4 is the 4-plex. Unit 5 is the small home Unit 6 and 7 is the duplex
17809 120th Avenue SE
Yelm, WA 98597
$825,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Attention investors! Incredible opportunity to own a well-established income-producing multi-family property with tremendous upside potential. Situated on nearly 5 usable acres, this unique property features three total residential buildings, including a one 4-plex, one duplex, and a separate 2-bedroom, 1-bath single-family home. With a strong rental history and long-term tenancy in place, this property offers immediate cash flow along with future income-growth opportunities. All units are single-story, a highly desirable feature for tenants that also helps simplify maintenance and long-term management. The expansive acreage provides additional possibilities for future improvements, including the potential to add tenant storage units or other income-producing amenities, subject to buyer verification. Located at the end of a quiet cul-de-sac, the property offers a peaceful and private setting while still being conveniently close to everyday amenities. Just minutes from town and approximately 20 minutes to the East Gate of JBLM, this location is ideal for attracting and retaining tenants seeking both convenience and privacy. Whether you are looking to expand your investment portfolio or secure a property with long-term upside and stable occupancy, this rare multi-family opportunity checks all the boxes.
Property Features
Community: Vail
5-9 Units
View: Territorial
Fenced-Partially
High Speed Internet
Outbuildings
RV Parking
Exterior: Wood
Roof: Composition
Year Built: 1962
2026 Taxes: $4719.00
Buyer Broker Comp.: 2%
Listing #: 2519652
Lot Details
Lot Size: 4.43 acres
Dead End Street
Paved
Secluded
No. of Units: 7
Interior
Cooling: None
Heating: Wall Furnace
Electric
Schools
District: Yelm
Elem: Fort Stevens Elem
Middle: Yelm Mid
High: Yelm High12
Call or Email:
Grace Wamwere
What's Near 17809 120th Avenue SE Yelm, WA 98597?

Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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