1029 S Division Street, Moses Lake, WA 98837 (MLS # 2480951)

Save to Favorites
 Print
 Share
Listing provided courtesy of Northwest MLS; COMPASS

PRICE $1,250,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 1,551 sqft
Request More Info Schedule a Showing
1029 South Division St, a renovated 10-unit apartment property in the heart of Moses Lake offered at $1,250,000. The building features desirable tenant amenities like coin-operated laundry and upgraded major systems including copper plumbing and updated electrical, supporting long-term reliability. With 9 of 10 units upgraded and additional upside remaining through completion of the final unit, investors can capture further rent growth while benefiting from strong in-place performance (5.78% current cap vs. 6.41% market cap) and attractive income metrics (10.81 current GRM vs. 8.94 market GRM). Ideally located just 0.3 miles from the Moses Lake waterfront and McCosh Park, the property is positioned to benefit from local momentum, including expansion tied to the region's growing battery manufacturing district.

LAST UPDATED 2/16/2026 TRACT Moses Lake
YEAR BUILT 1954 COMMUNITY Moses Lake
COUNTY Grant STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 295 - South Moses Lake
CONSTRUCTION Brick, Wood Siding
HEAT Electric, Forced Air
LOT 1551 sq ft
LOT DESCRIPTION Paved, Sidewalk
MLS STATUS Active
STORIES 1
STYLE 56 - 10+ Units
SUBDIVISION Moses Lake
TAXES 3796
UTILITIES Sewer Connected
ZONING Multi-Family

SATELLITE VIEW



 
CONTACT US ABOUT 1029 S DIVISION STREET
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Katy Smith to contact you even if your name is on a Federal or State "Do not call List".

Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/17/26 2:07 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

DMCA Notice

  Logo

This IDX solution is (c) Diverse Solutions 2026.