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$1,180,000

Reduced $20,000 — was $1,200,000

4413 Circle Place

Moses Lake, WA 98837

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.36 ac

Year built

2005

Type

Residential Income

Days listed

MLS #

2563000

About this home

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.

Exterior features

Cement/Concrete

Schools

Elementary

Park Orchard Elem

Middle

Chief Moses Mid

High

Moses Lake High

Property details

Heating
Baseboard, Forced Air, Wall Furnace
Cooling
Forced Air, Wall Unit(s)
Flooring
Ceramic Tile, Laminate, Vinyl Plank, Carpet
View
Territorial
Lot
Paved, Sidewalk
Water source
Community
Sewer
Septic Tank

Costs

Annual taxes
$8,944 (2026)

Estimate your monthly payment

$6,712/mo

Principal & interest
$5,967
Property taxes
$745
Loan amount $944,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Moses Lake, WA 98837

Approximate location. Contact us to confirm the exact address.

Listing courtesy of eXp Realty— Ben Sellen.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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