624 E Nelson Road # 1-17 Moses Lake, WA $ 1,450,000
624 E Nelson Road # 1-17
$ 1,450,000
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624 E Nelson Road # 1-17

Moses Lake, WA, 98837
$ 1,450,000
Baths0.0

Monthly Estimate*

$ 9,046

Listed by Windermere RE K-2 Realty
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Studio

Multi-Family Home for sale in Moses Lake, WA

for $1,450,000. This home was built in 1953 on a lot size of 0.5343.

Multi-unit apartment complex located in central Moses Lake with strong rental history and on-site coin-op laundry. 16 units of 1 bedroom 1 bath units. Tenant pays own electricity; each unit includes stove and fridge. On site parking for tenants. Most units remodeled with updated carpet and vinyl. Solid long-term investment with long standing management in place.

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,942

Style

10+ Units

Lot Size

0.5343

Year Built

1953

Town/City

Moses Lake

County/Region

Grant

MLS | Web ID

2459336

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing Subject to Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1953
Unit Number 1-17
Property Subtype Multi Family
Tax Year 2025
County Grant
Net Operating Income 87005
Insurance Expense 7842
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Garden Heights
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From downtown go South on Pioneer Way. Turn right onto E Nelson Road. Property is on the right.
High School Moses Lake High
City Moses Lake
Senior Community Y/N N
High School District Moses Lake
Zoning Description Multi-Family
Open Parking Spaces 16
Number Of Units Total 15
MLS Area 295 - South Moses Lake
Lot Size Units Square Feet
Lot Size Square Feet 23272
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Garden Heights Elem
Tax Annual Amount 7942
Electric Expense 1205
Fuel Expense 0
Middle/Junior High School Chief Moses Mid
Property Condition Good
Public Remarks Multi-unit apartment complex located in central Moses Lake with strong rental history and on-site coin-op laundry. 16 units of 1 bedroom 1 bath units. Tenant pays own electricity; each unit includes
Leasable Area 11924
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Fire Sprinklers Thermal Windows
Water Company City of Moses Lake
Units Below Grade false
Units In Building Total 16
Water Sewer Garbage 10249
Property Style 56 - 10+ Units
Cap Rate 6
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Exterior
Exterior Amenities Brick
Water Source Public
Total Parking 16
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.5343
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 16
Lot Number 4
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2459336
Street Number 1 624
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* Excluded Features
List By
Heather Adkinson

Listing Agent

Windermere Re K-2 Realty

Broker

Affordability Calculator

$9,708
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,046
Monthly Property Taxes
$662
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4616957 Elementary School
4483530 Middle School
Moses Lake High High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$1,450,000 Listed Price

Map


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624 E Nelson Road # 1-17, Moses Lake, WA, 98837 is a Multi-Family Home for sale at $1,450,000 with a lot size of 0.5343. 624 E Nelson Road # 1-17 is a studio with 0.0 baths and was built in 1953. The property's zip code is 98837 which is in Moses Lake, WA