USAWAMoses LakeLarson4278 Grape Dr Ne
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4278 Grape Dr Ne, Moses Lake, WA

Real Estate

For Sale

Listed price in listed location currency (USD).
$3,800,000

000

MLS® 2480179

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $14,321
Days Active 8
Lot Size 3.3 acres
Approx. Age 1954
MLS® Number 2480179

Property Address: 4278 Grape Dr Ne, Moses Lake, WA, 98837-1173

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

Description

Located on 4278 Grape Drive NE in Moses Lake, this multifamily asset offers a compelling opportunity for investors seeking scalable upside in a fundamentally strong Eastern Washington market. The property has already been expanded from 36 to 39 units, with preliminary discussions indicating the potential to add as many as six more units through new construction or adaptive reuse—subject to verification. This density upside, combined with light operational and physical improvements, makes the offering an ideal fit for buyers targeting value creation without heavy lift. The unit mix includes true studios with full kitchens and private bathrooms—an increasingly rare feature in markets where many comparable units are converted motel stock. This functional advantage drives tenant satisfaction, improved retention, and stronger rent performance over time. Further income potential lies in the addition of on-site laundry facilities, with existing hookups already in place, allowing for a quick and cost-effective amenity upgrade. Positioned on the desirable Grape Drive corridor, the property benefits from immediate access to schools, retail, and major employers in a city known for stable occupancy and limited multifamily development. As Moses Lake continues to attract investment in aerospace, agriculture, and manufacturing, this asset is poised to capture both short-term rental growth and long-term appreciation through smart repositioning and potential expansion.
MLS® Number2480179
Laundry Level
Central VacNo
FireplaceNo
Acreage3.3
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 13, 2026List Date
$3,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
4278 Grape Dr Ne, Moses Lake, WA

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