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1311 2nd Ave NE Ephrata, WA $ 1,275,000
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1311 2nd Ave NE
$ 1,275,000
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Recently Listed New Construction
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1311 2nd Ave NE

Ephrata, WA, 98823
$ 1,275,000
Baths0.0 Sq 6,470

Monthly Estimate*

$ 7,850

Listed by Coldwell Banker Tomlinson R&H
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Studio

Multi-Family Home for sale in Ephrata, WA

for $1,275,000. This 6,470 square foot home was built in 2025 on a lot size of 0.271.

Discover this rare opportunity to acquire a brand-new, modern 5-unit multifamily property currently under construction in a high-growth neighborhood with strong rental demand and limited inventory. Designed for both investor appeal and tenant retention, this property promises industry-leading finishes, efficient layouts, and optimized revenue performance. Ideal for 1031 exchanges, investors, or private equity groups seeking sustainable long-term revenue and equity appreciation. Located near schools, shopping centers, and great walking trails. Short distance to highways making for a short commute for employment out of town. Each unit is 3 bed/2.5 bath with one car garage. Call today!

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 457

Style

5-9 Units

Lot Size

0.271

Year Built

2025

Town/City

Ephrata

County/Region

Grant

MLS | Web ID

2464788
Features
General
Living Area 0
Sewer Sewer Connected
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Composition
HOA Fee 0
Year Built 2025
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Grant
Net Operating Income 0
Insurance Expense 0
New Construction Y
Property Type Residential Income
HOA N
Subdivision Name Ephrata
Special Listing Conditions None
Status Active
Directions From Basin St - NE on Basin - E on Division - N on K St NE - E on 2nd Ave - Property on L
City Ephrata
Senior Community Y/N N
High School District Ephrata
Open Parking Spaces 5
Number Of Units Total 5
MLS Area 291 - North Central Grant County
Lot Size Units Square Feet
Lot Size Square Feet 11806
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 457
Electric Expense 0
Fuel Expense 0
Property Condition Under Construction
Public Remarks Discover this rare opportunity to acquire a brand-new modern 5-unit multifamily property currently under construction in a high-growth neighborhood with strong rental demand and limited inventory. De
Leasable Area 6470
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 5
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 0
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Exterior
Exterior Amenities Cement Planked
Lot Features Dead End Street Paved Sidewalk
Total Parking 10
Foundation Details Poured Concrete
Building Area Total 6470
Lot Size Acres 0.271
Waterfront Y/N N
Covered Spaces 5
Irrigation Water Rights Y/N N
Site Features Patio
Parking Uncovered Spaces 5
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Interior
Flooring Vinyl Plank 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 NWM2464788
Street Number 1 1311
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* Excluded Features
List By
Tami Canfield

Listing Agent

Coldwell Banker Tomlinson R&H

Broker

Affordability Calculator

$7,888
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,850
Monthly Property Taxes
$38
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
258297 Elementary School
258308 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/6/2026$1,275,000 Listed Price

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1311 2nd Ave NE, Ephrata, WA, 98823 is a Multi-Family Home for sale at $1,275,000 with 6,470 sqft and a lot size of 0.271. 1311 2nd Ave NE is a studio with 0.0 baths and was built in 2025. The property's zip code is 98823 which is in Ephrata, WA

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