1029 S Division Street | Image 1
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$1,250,000

5 days ago

0 Bed

0 Bath

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MLS® 2480951

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $3,796
Days Active 4
Lot Size 0.0356 acres
Approx. Age 1954
MLS® Number 2480951

Property Address: 1029 S Division Street, Moses Lake, WA, 98837

Average square foot calculated using Size range provided by listing agent.

Description

1029 South Division St, a renovated 10-unit apartment property in the heart of Moses Lake offered at $1, 250, 000. The building features desirable tenant amenities like coin-operated laundry and upgraded major systems including copper plumbing and updated electrical, supporting long-term reliability. With 9 of 10 units upgraded and additional upside remaining through completion of the final unit, investors can capture further rent growth while benefiting from strong in-place performance (5.78% current cap vs. 6.41% market cap) and attractive income metrics (10.81 current GRM vs. 8.94 market GRM). Ideally located just 0.3 miles from the Moses Lake waterfront and McCosh Park, the property is positioned to benefit from local momentum, including expansion tied to the region’s growing battery manufacturing district.
MLS® Number2480951
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0356
Exterior
GarageNo
Approx. Age1954
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 16, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1029 S Division Street, Moses Lake, WA

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