Property Details

1131 1133 W Ivy Avenue
Moses Lake, WA 98837
$325,000
MLS# 2492522 courtesy of NWMLS Listing firm: BHGRE Gary Mann Realty

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1131 1133 W Ivy Avenue , Moses Lake, WA 98837, Moses Lake

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1131 1133 W Ivy Avenue , Moses Lake, WA 98837, Moses Lake

1 / 40
Multi-Family
Property Type
1,536
Bldg Sq Ft
2
Units
6.80%
Cap Rate
1953
Year Built

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
Listed By
Justin Good
BHGRE Gary Mann Realty

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