Property Details
205 March Street NE
Moses Lake, WA 98837
$499,950
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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
