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Explore Similar Apartments Within 2 Miles of Yelm, WA

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    $2,750,000

    • 24,568 Sq Ft

    9414 357th St S, Roy, WA 98580

    Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth.

    Lisa Le COMPASS

    9414 357th St S, Roy, WA 98580

Why Live in Yelm

Yelm, WA, located about 20 miles southeast of Olympia, is a small but growing city known as the "Gateway to Mount Rainier." This city offers a mix of rural charm and modern conveniences, making it popular among homebuyers, especially those working at nearby Joint Base Lewis-McChord. Yelm's housing market includes a variety of options from midcentury ranch-style homes to modern two-story contemporary builds, as well as condos, townhouses, and rural lots for custom builds. Outdoor enthusiasts will find plenty of things to do with endless hiking, mountain biking, and horseback riding trails, including the Yelm-Tenino Trail and the Chehalis Western Trail. Cochrane Memorial Park provides walking trails, a pond, and picnic areas, while Mount Rainier National Park is close enough for day trips. Yelm Avenue serves as the main retail district, featuring a mix of local businesses and national chains, including the Yelm Food Co-Op, Walmart, and Safeway. The city also boasts a growing selection of restaurants offering diverse cuisines. Yelm High School sports events draw large crowds, and the annual Prairie Days event brings regional visitors for a parade, food vendors, and a small carnival. State highways 507 and 510 connect Yelm to the greater Olympia region, with most residents relying on cars for transportation. The city's crime rates are generally in line with state averages, and the climate is cool with cloudy conditions prevalent throughout much of the year.

Home Trends in Yelm, WA

Housing Trends

Median Sale Price
$520,105
Median Single Family Sale Price
$530,000
Average Price Per Sq Ft
$271
Number of Homes for Sale
17
Last 12 months Home Sales
215
Months of Supply
0.90
Median List Price
$534,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
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