Two homes on 1 lot in Yelm • C-1 zoning • 2022 ADU • Separate meters & fenced yards, a great duplex alternative.Rare opportunity for two separate residences on one property in downtown Yelm with City of Yelm water/sewer and Commercial, C-1 zoning on a 0.14-acre lot. Ideal setup for rental income, multi family or multi-residence use with separate entrances, separate power meters, and separately fenced yards. 302A is a single-story home built in 1922, offering 980 SF, 2 bedrooms, 1 newly remodeled full bath, covered front porch, back deck, storage shed, and utility room with washer/dryer and electric water heater. Updates include new roof, new gutters, new exterior paint and fresh interior paint. Heating/cooling includes wall heat in each room plus a mini-split. Parking includes driveway space for 3 vehicles plus street parking. 302B is a 2022-built ADU, two-story 792 SF, with 2 bedrooms and 1.5 baths, wall heat, and mini-split for heating and cooling, plus stacked washer/dryer. 302B includes a 2-car driveway plus off-street parking. Current combined rental income is approx. $3,500/month with tenants paying utilities. 302A is currently vacant. 302B is tenant occupied and shown only after mutual acceptance. Located in the heart of Yelm near businesses, services, parks, schools, theater, public library and easy SR-507 communter access. 35 minutes to JBLM east or main gate.
