406 Biggs Road, Moses Lake, WA 98837
- $395,000
- 2,857
- SqFt
Listing courtesy of HomeSmart. Selling Office: Imagine Realty Grp ERA Powered.
- Sold Price
- $395,000
- List Price
- $389,000
- Status
- SOLD
- MLS#
- 2472954
- Closing Date
- Mar 13, 2026
- Days on Market
- 12
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,857
- Area Total SqFt
- 2857
- Annual Tax Ammount
- 2621
- Lot Size (sq ft)
- 20,034
- Sewer
- Sewer Connected
Property Description
406/408 Biggs Drive: Investor Alert! Income producing Duplex on nearly 1/2 acre! Don't miss this cash cow featuring 4 bedrooms and 1-3/4 bathrooms, 1428 sq ft per side, that's 8 bedrooms total. These floor plans are very spacious with galley kitchens featuring a window over the sink, ample counter space & two walls of cabinets, a large formal dining area w a good sized kitchen pantry and ample storage throughout. The oversized living rooms feature a sliding door out to the fully fenced back yards (one with large storage shed) and offer modern functionality and style. 406 has just been remodeled on the interior with new LVP flooring and new granite countertops and new cabinets in the kitchen. Minutes to Patton Blvd, parks, schools and airport. Proven income of $3100 per month with low vacancy.
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Additional Information
- List Date
- 2026-03-01 00:00:00
- Community
- Larson
- Net Operating Income
- $23,479
- Gross Adjusted Income
- $31,000
- Gross Scheduled Income
- $37,200
- Total Monthly Income
- $3,100
- Insurance Expenses
- $1,400
- Water/Sewer/Garbage Expenses
- $500
- Gross Rent Multiplier
- 10.45
- Total Expenses
- $5,271
- Cap Rate
- 8
- Vacancy Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 406
- Potential Terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Year Built
- 1961
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully, High Speed Internet, Outbuildings, Sprinkler System
- Electric Expenses
- 500
- 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
- $3,100
- Gross Scheduled Income
- $37,200
- Vacancy Rate
- 6
- Gross Adjusted Income
- $31,000
- Tax Year
- 2025
- Insurance Expense
- $1,400
- W/S/G Expenses
- $500
- Total Expenses
- $5,271
- Net Operating Income
- $23,479
- Gross Rent Multiplier
- 10.45
- Cap Rate
- 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.