Property Details
490 S Laguna Dr
Moses Lake, WA 98837
$600,000
Pending
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Property Overview
Excellent investment opportunity in a desirable Moses Lake location. This fourplex features four 2 bedroom, 1.5 bath townhouse style units, each offering an attached garage and functional layouts tenants love. Conveniently located close to shopping, restaurants, and everyday amenities, with Moses lake Sand Dunes just minutes away. This property provides excellent convenance for tenants and strong investment potential. Four-plex is fully occupied.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Grant
Neighborhood
Laguna
Listed
Jul 27, 2026
Structure Type
Quadruplex
Parcel Number
28602
Tax & HOA
Annual Property Tax
$5,121 (2026)
Est. Monthly Tax
$427/mo
Financial Summary
Cap Rate
6.70%
Net Operating Income
$40,201
Gross Scheduled Income
$62,400
Gross Rent Multiplier
9.62
Total Expenses
$9,621
Building & Use
Building Sq Ft
4,360
Leasable Area
4,360 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
10,576 sqft
Year Built
2008
Exterior & Lot
Lot Size
0.24 sqft
Year Built
2008
Garage
4 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Wood Products
Community & Access
Directions
Use GPS. Ongoing bridge and road closures currently
Location
City
Moses Lake
County
Grant
Coordinates
47.10081, -119.33110
Additional Information
Tax Year
2026
Annual Taxes
$5,121
Possession
Array
Based on information submitted to the MLS GRID as of August 1, 2026 2:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
