713 3rd Ave NE Ephrata, WA $ 1,825,000
713 3rd Ave NE
$ 1,825,000
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713 3rd Ave NE

Ephrata, WA, 98823
$ 1,825,000
Bedrooms24 Baths24.0

Monthly Estimate*

$ 11,523

Listed by RE/MAX, The Collective
713 3rd Ave NE, Ephrata, WA 98823 - Image 1
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Multi-Family Home for sale in Ephrata, WA

for $1,825,000 with 24 bedrooms and 24 full baths. This home was built in 2023 on a lot size of 0.4132.

LOOKING FOR A NEWLY BUILT FULLY LEASED UP INVESTEMNT OPPORTUNITY, THEN YOU WILL WANT TO LOOK AT THIS PROPERTY TO START OR ADD TO YOUR PORTFOLIO!!!!! THIS PROPERTY HAS AN EXCELLENT UPSIDE AND WOULD BE A GREAT INVESTMENT!!! ANNUAL LEASES ARE IN PLACE TO INSURE CONSISTENT RENTAL INCOME!!!

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Multi-Family Active

Price

$ 1,825,000

Bedrooms

24

Full Bath

24

Property Type

Multi-Family

Taxes

$ 12,261

Style

5-9 Units

Lot Size

0.4132

Year Built

2023

Town/City

Ephrata

County/Region

Grant

MLS | Web ID

2562997

Features
General
Living Area 0
Sewer Sewer Connected
Heating Heat Pump
Cooling Central Air
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 2023
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Grant
Net Operating Income 91787
Insurance Expense 6600
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Ephrata
Special Listing Conditions None
Status Active
Directions In Ephrata take Basin Street S.W. to Division Ave East turn right then turn left on A street N.E. follow A street until in turns into 3rd Ave N.E. Property will be on the left.
High School Buyer To Verify
City Ephrata
Senior Community Y/N N
High School District Ephrata
Number Of Units Total 8
MLS Area 291 - North Central Grant County
Lot Size Units Square Feet
Lot Size Square Feet 17999
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 12261
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks LOOKING FOR A NEWLY BUILT FULLY LEASED UP INVESTEMNT OPPORTUNITY THEN YOU WILL WANT TO LOOK AT THIS PROPERTY TO START OR ADD TO YOUR PORTFOLIO!!!!! THIS PROPERTY HAS AN EXCELLENT UPSIDE AND WOULD BE
Leasable Area 11992
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company City of Ephrata
Units Below Grade false
Water Sewer Garbage 15960
Property Style 55 - 5-9 Units
Cap Rate 5
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Exterior
Exterior Amenities Cement Planked Stone Wood Products
Lot Features Curbs Sidewalk
Water Source Public
Total Parking 16
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.4132
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 16
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Interior
Flooring Ceramic Tile Laminate 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 NWM2562997
Street Number 1 713
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* Excluded Features
List By
Doug Robins

Listing Agent

Re/Max, The Collective

Broker

Affordability Calculator

$12,545
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,523
Monthly Property Taxes
$1,022
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
3100434 Elementary School
3100111 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2026$1,825,000 Listed Price

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713 3rd Ave NE, Ephrata, WA, 98823 is a Multi-Family Home for sale at $1,825,000 with a lot size of 0.4132. 713 3rd Ave NE has 24 bedrooms, 24.0 baths, and was built in 2023. The property's zip code is 98823 which is in Ephrata, WA