Property Details

205 March Street NE
Moses Lake, WA 98837
$499,950
MLS# 2518993 courtesy of NWMLS Listing firm: eXp Realty

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205 March Street NE, Moses Lake, WA 98837, Moses Lake

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205 March Street NE, Moses Lake, WA 98837, Moses Lake

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Multi-Family
Property Type
2,448
Bldg Sq Ft
2
Units
8.48%
Cap Rate
1961
Year Built

Property Overview

Investors & house-hackers: turnkey side-by-side duplex in central Moses Lake. Each 3BD/1.5BA has its own entry, carport & shed—no shared walls. Oversized 0.53-acre lot w/mature landscaping for privacy. Both units rent-ready: fridge, range, MW, W/D—ALL stay. Each unit features a large fenced backyard (front not fully fenced). Proven income: $2,100/mo total; strong demand to re-rent similar or higher. Boeing, SGL & other employers fuel steady rental demand. Minutes to Patton Blvd, parks, schools & airport. Low-vacancy profile & easy upkeep = solid cash flow. Each unit enjoys private patio space & storage.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grant
Neighborhood Larson
Listed May 6, 2026
Original Price $449,950

Financial Summary

Cap Rate 8.48%
Net Operating Income $42,395
Gross Scheduled Income $50,400
Gross Rent Multiplier 9.92
Total Expenses $5,485
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 2,448
Leasable Area 2,448 sqft
Total Units 2
Lot Size 23,296 sqft
Year Built 1961

Exterior & Lot

Lot Size 0.53 sqft
Year Built 1961
Exterior Materials Brick, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved
Exterior Features Brick, Wood

Location

City Moses Lake
County Grant
Coordinates 47.16306, -119.31818

Additional Information

Tax Year 2025
Annual Taxes $2,068
Possession Array
Listed By
Andrey A Kozorezov
eXp Realty

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