MLS #2519652 / Listing provided by NWMLS & RE/MAX Country.
$825,000
17809 120th Avenue SE
Yelm,
WA
98597
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Features: RV Parking
- Parking Total: 34
- Total Uncovered Parking Spaces: 30
Structure
- Roof: Composition
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Dead End Street, Paved, Secluded
- Acres: 4.43
- Foundation: Poured Concrete
Schools
- High School District: Yelm
- High School: Yelm High12
- Middle School: Yelm Mid
- Elementary School: Fort Stevens Elem
Lot Details
- Lot Features: Dead End Street, Paved, Secluded
- Acres: 4.43
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Septic Tank
- Water Source: Individual Well
- Water, Sewer, and Garbage: 2289.56
Amy Flippo
Broker | REALTOR®
Send Amy Flippo an email