Property Details
1131 1133 W Ivy Avenue
Moses Lake, WA 98837
$325,000
Pending Inspection
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Property Overview
Great investment opportunity! Well-maintained duplex featuring two 2-bedroom, 1-bath units, each with in-unit washer and dryer included and a strong rental history. Property offers alley access with off-street parking, including a 2-car carport and additional 4 parking spaces. Units feature laminate and tile flooring and updated bathrooms. Unit 1131 includes a mini-split system for efficient heating and cooling. Ideal for investors or owner-occupants seeking income potential.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Inspection
County
Grant
Neighborhood
Guffin Eccles
Listed
Mar 13, 2026
Financial Summary
Cap Rate
6.80%
Net Operating Income
$22,240
Gross Scheduled Income
$28,680
Gross Rent Multiplier
22.00
Total Expenses
$6,440
Building & Use
Building Sq Ft
1,536
Leasable Area
1,536 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
7,501 sqft
Year Built
1953
Exterior & Lot
Lot Size
0.17 sqft
Year Built
1953
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Brick, Wood
Location
City
Moses Lake
County
Grant
Coordinates
47.12081, -119.28865
Additional Information
Tax Year
2025
Annual Taxes
$2,280
Possession
Array
