4413 Circle Place · Moses Lake, WA 98837
Source: NWMLS · eXp Realty · Ben Sellen #NWM2563000
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.
Location
Basics
- Property type
- Multi Family
- Style
- 5-9 Units
- Stories
- 1 story
- Condition
- Good
- Year built
- 2005
- Building area
- 2,704 sq ft
- Lot size
- 15,473 sq ft (0.36 acres)
- County
- Grant
- MLS #
- NWM2563000
Interior
- Heating
- Baseboard, Forced Air, Wall Furnace
- Cooling
- Forced Air, Wall Unit(s)
- Flooring
- Ceramic Tile, Laminate, Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Cement/Concrete
- Roof
- Composition, Flat
- Foundation
- Poured Concrete
- Lot features
- Paved, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 9
Utilities
- Water
- Community
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Basin Homes
- Property tax
- $8,944 (2026)
Transaction
- Original list price
- $1,200,000 (1.7% price cut)
- Listed on
- Jul 31, 2026
- Days on market
- 51
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2018-09-07
- Sold$650,000
Schools
School district: Moses Lake
- Elementary
- Park Orchard Elem
- Middle
- Chief Moses Mid
- High
- Moses Lake High SchoolSchoolDigger 2 stars · Top 65% in WA
Listing provided courtesy of: eXp Realty
Listing agent: Ben Sellen.
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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-19.