1131 1133 W Ivy Avenue, Moses Lake, WA 98837

$327,000
1,536
SqFt

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Listing courtesy of BHGRE Gary Mann Realty. Selling Office: eXp Realty.

Sold Price
$327,000
List Price
$325,000
Status
SOLD
MLS#
2492522
Closing Date
May 22, 2026
Days on Market
267
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,536
Area Total SqFt
1536
Annual Tax Ammount
2280
Lot Size (sq ft)
7,500
Sewer
Sewer Connected

Property Description

Great investment opportunity! Well-maintained duplex featuring two 2-bedroom, 1-bath units, each with in-unit washer and dryer included and a strong rental history. Property offers alley access with off-street parking, including a 2-car carport and additional 4 parking spaces. Units feature laminate and tile flooring and updated bathrooms. Unit 1131 includes a mini-split system for efficient heating and cooling. Ideal for investors or owner-occupants seeking income potential.

Additional Information

List Date
2025-08-28 00:00:00
Community
Guffin Eccles
Net Operating Income
$22,240
Gross Adjusted Income
$22,240
Gross Scheduled Income
$28,680
Total Monthly Income
$2,390
Insurance Expenses
$800
Water/Sewer/Garbage Expenses
$3,360
Gross Rent Multiplier
22
Total Expenses
$6,440
Cap Rate
6.8
Total Number of Units
2
Unit Name
1131 1133
Potential Terms
Cash, Conventional, FHA
Year Built
1953
View
Territorial
Roof
Composition
Site Features
High Speed Internet
Energy Source
Electric
School District
Moses Lake
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,390
Gross Scheduled Income
$28,680
Gross Adjusted Income
$22,240
Tax Year
2025
Insurance Expense
$800
W/S/G Expenses
$3,360
Total Expenses
$6,440
Net Operating Income
$22,240
Gross Rent Multiplier
22
Cap Rate
6.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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