Property Details

510 N Fig Street
Moses Lake, WA 98837
$1,250,000
MLS# 2416674 courtesy of NWMLS Listing firm: Nest Realty Company

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510 N Fig Street , Moses Lake, WA 98837, Moses Lake

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510 N Fig Street , Moses Lake, WA 98837, Moses Lake

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Multi-Family
Property Type
4,980
Bldg Sq Ft
9
Units
5.20%
Cap Rate
1959
Year Built

Property Overview

Lakefront 9plex for sale. Exterior features include bulkhead & plenty of waterfront. 2 private wells to service the property, large maintenance outbuilding & hidden gazebo. Interior features include high speed internet, appliances, a few updated units.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grant
Neighborhood Downtown
Listed Aug 4, 2025
Original Price $1,350,000

Financial Summary

Cap Rate 5.20%
Net Operating Income $70,335
Gross Scheduled Income $90,000
Gross Rent Multiplier 15.00
Total Expenses $19,665
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 4,980
Leasable Area 4,480 sqft
Total Units 9
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 3.47 acres
Year Built 1959

Exterior & Lot

Lot Size 3.47 sqft
Year Built 1959
Exterior Materials Wood
Sewer Septic Tank
Water Source Individual Well, Lake, Private
Lot Features Alley, Paved, Secluded
Exterior Features Wood, Wood Products

Location

City Moses Lake
County Grant
Coordinates 47.13661, -119.27333

Additional Information

Tax Year 2025
Annual Taxes $9,384
Possession Array
Listed By
Blake Rollins
Nest Realty Company

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