1029 S Division Street Moses Lake, WA 98837
1029 S Division Street
Moses Lake, WA 98837
$1,250,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
1029 South Division St, a renovated 10-unit apartment property in the heart of Moses Lake offered at $1,250,000. The building features desirable tenant amenities like coin-operated laundry and upgraded major systems including copper plumbing and updated electrical, supporting long-term reliability. With 9 of 10 units upgraded and additional upside remaining through completion of the final unit, investors can capture further rent growth while benefiting from strong in-place performance (5.78% current cap vs. 6.41% market cap) and attractive income metrics (10.81 current GRM vs. 8.94 market GRM). Ideally located just 0.3 miles from the Moses Lake waterfront and McCosh Park, the property is positioned to benefit from local momentum, including expansion tied to the region’s growing battery manufacturing district.
Property Features
Community: Moses Lake
10+ Units
Exterior: Brick
Exterior: Cement/Concrete
Exterior: Wood Products
Roof: Flat
Year Built: 1954
2025 Taxes: $3796.00
Buyer Broker Comp.: 2.5%
Listing #: 2480951
Lot Details
Lot Size: 0.04 acres
Paved
Sidewalk
No. of Units: 10
Interior
Cooling: None
Heating: Forced Air
Electric
Common Features
Coin Op Laundry
Schools
District: Moses Lake
Call or Email:
Grace Wamwere
What's Near 1029 S Division Street Moses Lake, WA 98837?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of COMPASS
