Excellent investment opportunity in the growing community of Ritzville! Originally constructed in 1950, this income-producing property has undergone extensive updates and now features 8 studio apartments, 1 one-bedroom unit with a full kitchen, 2 two-bedroom units with full kitchens, and a remodeled office space. Recent improvements include fresh exterior paint, the addition of a coin-operated laundry facility, and a brand-new roof installed in 2025. Each studio unit is equipped with a private bathroom, hot plate, microwave, and compact refrigerator, providing comfortable and efficient living accommodations. Two additional studio units are ready for renovation, offering significant upside potential and the opportunity to increase the property to a total of 11 income-producing units. Whether you're looking to expand your portfolio or enter the multifamily market, this property offers both immediate cash flow and value-add potential.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Jay Kincaid, Windermere Real Estate K-2 Realty LLC
$185,000 (USD)
Mae Valley Area Land
Active
0 Parcel 161398000 Moses Lake, WA 98837
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MLS# 2163056
5 acres in Mae Valley in West Moses Lake to bring your plans and have some fun in the sun of Eastern Washington! Plenty of room for a shop and your toys! 2 great golf courses are just minutes away! NO CC&Rs or HOA! Property needs well and septic and power is in the street! Cash or Conventional loan. Seller-Financing is NOT available.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Jay Kincaid, Windermere Real Estate K-2 Realty LLC
$145,000 (USD)
Ephrata Area Land
Active
0 Parcel 160906000 Ephrata, WA 98823
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0 Baths
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MLS# 2346757
41.65 acres of open space just south of Ephrata to do whatever. Property is subdividable. Buyer to verify land use and availability to get power from the northern boundary. Needs well and septic to build.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Jay Kincaid, Windermere Real Estate K-2 Realty LLC
$109,000 (USD)
Ephrata Area Land
Active
0 Parcel 160573002 Ephrata, WA 98851
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MLS# 2454143
40 acres south of Ephrata to recreate or camp on! Property needs power, a drilled well, a septic system built and a 6o-foot wide road before constructing a home or placing a manufactured home on the property. Buyer to confirm zoning, access easements and any restrictions with the Grant County Planning Division.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Jay Kincaid, Windermere Real Estate K-2 Realty LLC
$104,000 (USD)
Ephrata Area Land
Active
0 Parcel 161796005 Ephrata, WA 98823
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0 Baths
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MLS# 2464099
Peace and tranquility on 40 acres between Moses Lake and Soap Lake. Property is located west of Road C and comes with some privacy, yet overlooks Rocky Ford Creek and the Trout Lodge nursery. Great views of the hills and lights of Ephrata, with the moon and the stars above make for a picturesque setting outdoors with an abundance of wildlife around you. Property already has a 200-foot, 6-inch casing well with a brand new 1.5 horsepower well pump, a generator to run the pump, a 196-square foot shack, dump truck and two trailers are also a part of the sale. Property is zoned residential and there is a 60-foot easement to the property from Road C.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Jay Kincaid, Windermere Real Estate K-2 Realty LLC
$99,000 (USD)
Ephrata Area Land
Active
0 Parcel 161782009 Ephrata, WA 98823
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0 Baths
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MLS# 2407239
40 acres of sunshine, with peaceful, quiet dreams just waiting for you in the heart of Eastern Washington! Property is located between Moses Lake and Ephrata east of Highway 17. Property needs a well and septic installed.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Jay Kincaid, Windermere Real Estate K-2 Realty LLC
Northwest MLS as distributed by MLS GRID / Listed By: Jay Kincaid, Windermere Real Estate K-2 Realty LLC