490 S Laguna Dr, Moses Lake, WA 98837

$600,000
4,360
SqFt

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Listing courtesy of BHGRE Gary Mann Realty.

List Price
$600,000
Status
ACTIVE
MLS#
2560597
Days on Market
2
Style
54 - 4-Plex
Finished SqFt
4,360
Area Total SqFt
4360
Annual Tax Ammount
5121
Lot Size (sq ft)
10,578
Sewer
Sewer Connected

Property Description

Excellent investment opportunity in a desirable Moses Lake location. This fourplex features four 2 bedroom, 1.5 bath townhouse style units, each offering an attached garage and functional layouts tenants love. Conveniently located close to shopping, restaurants, and everyday amenities, with Moses lake Sand Dunes just minutes away. This property provides excellent convenance for tenants and strong investment potential. Four-plex is fully occupied.

Additional Information

List Date
2026-07-27 21:20:13
Community
Laguna
Net Operating Income
$40,201
Gross Adjusted Income
$62,400
Gross Scheduled Income
$62,400
Total Monthly Income
$5,200
Insurance Expenses
$4,500
Gross Rent Multiplier
9.62
Total Expenses
$9,621
Cap Rate
6.7
Total Number of Units
4
Unit Name
490
Potential Terms
Cash, Conventional
Year Built
2008
View
Territorial
Roof
Composition
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
$5,200
Gross Scheduled Income
$62,400
Gross Adjusted Income
$62,400
Tax Year
2026
Insurance Expense
$4,500
Total Expenses
$9,621
Net Operating Income
$40,201
Gross Rent Multiplier
9.62
Cap Rate
6.7
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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