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4413 Circle Place Moses Lake, WA $ 1,200,000
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4413 Circle Place
$ 1,200,000
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4413 Circle Place

Moses Lake, WA, 98837
$ 1,200,000
Bedrooms16 Baths13.0 Sq 2,704

Monthly Estimate*

$ 7,577

Listed by eXp Realty
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Multi-Family Home for sale in Moses Lake, WA

for $1,200,000 with 16 bedrooms and 13 full baths. This 2,704 square foot home was built in 2005 on a lot size of 0.3552.

Portfolio investment opportunity! 9 units total includes 5 buildings (4x2 units and 1 single family) on 3 parcels, over an acre with space to build. Currently 100% occupied and many of the units have been recently updated. With all 9 units rented and strong in-place performance (6.96% current cap) and attractive income metrics (11.56 current GRM). Tenants pay utilities and the property is managed. Conveniently located between the fair grounds and Highway 17 off of Airway drive in Moses Lake's Urban Growth Area.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

16

Full Bath

13

Property Type

Multi-Family

Taxes

$ 8,944

Style

5-9 Units

Lot Size

0.3552

Year Built

2005

Town/City

Moses Lake

County/Region

Grant

MLS | Web ID

2563000
Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard Forced Air Wall Furnace
Cooling Forced Air Wall Unit(s)
Possession Closing
Roof Composition Flat
HOA Fee 0
Garage Spaces 0
Year Built 2005
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Grant
Net Operating Income 83556
Insurance Expense 5500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Basin Homes
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS Friendly.
High School Moses Lake High
City Moses Lake
Senior Community Y/N N
High School District Moses Lake
Zoning Description Multi-Family
Number Of Units Total 10
MLS Area 297 - Central Moses Lake
Lot Size Units Square Feet
Lot Size Square Feet 15473
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Park Orchard Elem
Tax Annual Amount 8944
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Chief Moses Mid
Property Condition Good
Public Remarks Portfolio investment opportunity! 9 units total includes 5 buildings (4x2 units and 1 single family) on 3 parcels over an acre with space to build. Currently 100% occupied and many of the units have
Leasable Area 5676
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Basin Water Source
Units Below Grade false
Units In Building Total 9
Water Sewer Garbage 2800
Property Style 55 - 5-9 Units
Cap Rate 7
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Exterior
Exterior Amenities Cement/Concrete
Lot Features Paved Sidewalk
Water Source Community
Total Parking 9
Foundation Details Poured Concrete
Building Area Total 2704
Lot Size Acres 0.3552
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features High Speed Internet Patio Sprinkler System
Parking Uncovered Total 9
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Interior
Flooring Ceramic Tile Laminate Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 1
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 NWM2563000
Street Number 1 4413
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* Excluded Features
List By
Ben Sellen

Listing Agent

Exp Realty

Broker

Affordability Calculator

$8,322
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
$745
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5381705 Elementary School
4483530 Middle School
Moses Lake High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/1/2026$1,200,000 Listed Price

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4413 Circle Place, Moses Lake, WA, 98837 is a Multi-Family Home for sale at $1,200,000 with 2,704 sqft and a lot size of 0.3552. 4413 Circle Place has 16 bedrooms, 13.0 baths, and was built in 2005. The property's zip code is 98837 which is in Moses Lake, WA

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