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About the Listing 419 - 773983,778067
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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
2519652
Year Built
1962
Total Square Footage
5,500
Lot/Acreage
4.43
County
Thurston
Neighborhood
Vail
Area
453 - Yelm/Rainier
School District
Yelm
Elementary School
Fort Stevens Elementary
Middle School
Yelm Middle
High School
Yelm High12
Interior Details
- Bedrooms: 12
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Individual Well
Exterior Details
- Lot Description: Dead End Street,Paved,Secluded,Fenced-Partially,High Speed Internet,Outbuildings,RV Parking,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 34
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood
- Sewer: Septic Tank
- Parking Features: RV Parking
Financial Details
- Tax Amount: $4,719
- Taxes w/Assessments: N/A
- Tax/Property ID: 70701100200
- Tax Year: 2026
Payment Calculator
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Questions About..
17809 120th Ave SE Yelm, WA 98597
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