116 E Hill Avenue Moses Lake, WA $ 2,475,000
116 E Hill Avenue
$ 2,475,000
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116 E Hill Avenue

Moses Lake, WA, 98837
$ 2,475,000
Baths0.0 Sq 14,340

Monthly Estimate*

$ 15,441

Listed by Nest Realty Company
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View a Virtual Tour
Studio

Multi-Family Home for sale in Moses Lake, WA

for $2,475,000. This 14,340 square foot home was built in 1955 on a lot size of 0.9318.

Investment Opportunity! 20 (2 bed 1 bath) units minutes from downtown situated on a large corner lot. Exterior features include new paint, new windows, underground sprinklers with parking in the front & back. Interior features include a laundry area, laminate flooring upgraded in a few units and storage room.

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Multi-Family Active

Price

$ 2,475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,418

Style

10+ Units

Lot Size

0.9318

Year Built

1955

Town/City

Moses Lake

County/Region

Grant

MLS | Web ID

2416622

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1955
View City Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name KENNING-SMITH ADD
County Grant
Net Operating Income 194484
Insurance Expense 10173
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Garden Heights
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Property on the corner of Hill & Division Street.
High School Buyer To Verify
City Moses Lake
Senior Community Y/N N
High School District Moses Lake
Zoning Description Multi-Family
Open Parking Spaces 20
Number Of Units Total 20
MLS Area 295 - South Moses Lake
Lot Size Units Square Feet
Lot Size Square Feet 40590
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA USDA Loan VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 10418
Electric Expense 1851
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Investment Opportunity! 20 (2 bed 1 bath) units minutes from downtown situated on a large corner lot. Exterior features include new paint new windows underground sprinklers with parking in the front
Leasable Area 14340
Virtual Tour https://player.vimeo.com/video/1109786986?byline=0&title=0&owner=0&name=0&logos=0&profile=0&profilepicture=0&vimeologo=0&portrait=0
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company City of Moses Lake
Units Below Grade false
Units In Building Total 20
Water Sewer Garbage 12322
Property Style 56 - 10+ Units
Cap Rate 7.8
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Exterior
Exterior Amenities Brick Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 20
Foundation Details Poured Concrete
Building Area Total 14340
Lot Size Acres 0.9318
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Partially High Speed Internet Outbuildings Patio Sprinkler System
Parking Uncovered Spaces 20
Lot Number 1
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Interior
Flooring Vinyl 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 NWM2416622
Street Number 1 116
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* Excluded Features
List By
Blake Rollins

Listing Agent

Nest Realty Company

Broker

Affordability Calculator

$16,309
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,441
Monthly Property Taxes
$868
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3100266 Elementary School
3100065 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2025$2,475,000 Listed Price

Map


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116 E Hill Avenue, Moses Lake, WA, 98837 is a Multi-Family Home for sale at $2,475,000 with 14,340 sqft and a lot size of 0.9318. 116 E Hill Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 98837 which is in Moses Lake, WA