Views
Address
1525 S Monroe Street, Moses Lake, WA
Price
$ 3,600,000
Property Attributes
- ID#2490030
- TypeMulti-Family
- CountyGRANT
- CityMoses Lake
- AreaNorth Moses Lake
- NeighborhoodMoses Lake
- Zip98837
- Style10+ Units
- Year Built2019
- Taxes$ 35816
- Price$ 3,600,000
- Bedrooms48
- Full Bathrooms32
- Half Bathrooms0
- Lot Size0.85 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Prime 16-unit investment opportunity in Moses Lake! This well-maintained townhome-style multifamily property features spacious units with approximately 3 bedrooms and 2-2.5 bathrooms, thoughtfully designed for comfortable living. Each unit includes a full laundry room, all appliances, and stylish granite or quartz countertops, offering modern finishes tenants appreciate. Functional layouts, generous living space, and desirable amenities.Conveniently located near schools, shopping, dining, and major services, making it an attractive rental location. A rare opportunity to add a well-positioned 16-unit income-producing property to your investment portfolio.
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Buyer To Verify Middle School | Buyer To Verify High School |
| Price History | |
|---|---|
| 3/9/2026 | Listed $3,600,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Forced Air |
| Cooling | Forced Air |
| Possession | Closing |
| Roof | Composition |
| Year Built | 2019 |
| View | Territorial |
| Property Subtype | Multi Family |
| Tax Year | 2026 |
| Building Name | Kumar SP 32-14 |
| County | Grant |
| Net Operating Income | 181721 |
| Insurance Expense | 6487 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | Moses Lake |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | Active |
| Directions | Heading north on pioneer way,turn left onto Sharon. Units are located at the corner of Sharon and Monroe |
| High School | Buyer To Verify |
| City | Moses Lake |
| Senior Community Y/N | No |
| High School District | Moses Lake |
| Zoning Description | Multi-Family |
| Number Of Units Total | 16 |
| MLS Area | 298 - North Moses Lake |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 37026 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Buyer To Verify |
| Tax Annual Amount | 35816 |
| Electric Expense | 352 |
| Middle/Junior High School | Buyer To Verify |
| Property Condition | Good |
| Public Remarks | Prime 16-unit investment opportunity in Moses Lake! This well-maintained townhome-style multifamily property features spacious units with approximately 3 bedrooms and 2-2.5 bathrooms,thoughtfully des |
| Leasable Area | 23920 |
| Virtual Tour | https://view.spiro.media/order/1ed391cf-6815-4cda-1560-08de7ad15abc?branding=false |
| Structure Type | Multi Family |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | City of Moses Lake |
| Units Below Grade | false |
| Units In Building Total | 16 |
| Water Sewer Garbage | 17467 |
| Property Style | 56 - 10+ Units |
| Cap Rate | 5.04 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Ceramic Tile,Laminate,Carpet |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Lot Features | Curbs,Paved,Sidewalk |
| Water Source | Public |
| Foundation Details | Poured Concrete |
| Lot Size Acres | 0.85 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Parking Uncovered Total | 36 |
| Lot Number | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98837
Price
Taxes
Year Built
Visits
In The Neighborhood
Views
Moses Lake
$ 315,000
- Type
- Multi-Family | Active
- Size
- 1,702 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Nest Realty Company
Views
Moses Lake
$ 315,000
- Type
- Multi-Family | Active
- Size
- 1,702 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Nest Realty Company
Views
Moses Lake
$ 315,000
- Type
- Multi-Family | Active
- Size
- 1,702 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Nest Realty Company
Reduced
Moses Lake
$ 1,300,000
- Type
- Multi-Family | Active
- Size
- 3,400 SqFt
- Rooms
- 7 Beds + 6 Baths
Listed by: BHGRE Gary Mann Realty
Reduced
Moses Lake
$ 549,000
- Type
- Multi-Family | Active
- Size
- 2,400 SqFt
- Rooms
- 6 Beds + 4 Baths
Listed by: Nest Realty Company
