Listed by Nest Realty Company
$2,475,000

116 E Hill Ave Moses Lake, WA 98837

Estimated payment $14,353/month

Total Views 302
40 Beds
20 Baths
14,340 Sq Ft
$173 Price per Sq Ft

Highlights

  • City View
  • Patio
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • High Speed Internet

About This Home

Investment Opportunity! 20 (2 bed 1 bath) units minutes from downtown situated on a large corner lot. Exterior features include new paint, new windows, underground sprinklers with parking in the front & back. Interior features include a laundry area, laminate flooring upgraded in a few units and storage room.

Listing Agent

Blake Rollins

Nest Realty Company License #23009291 Listed on: 08/04/2025

Co-Listing Agent

Trino Pena

Nest Realty Company License #135513

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2416622

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,418

Year Built

  • Built in 1955

Lot Details

  • 0.93 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 14,340 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 20 Bathrooms

Parking

  • 20 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Kenning Smith Add Condos
  • Garden Heights Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 100144000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,418

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1955
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: KENNING-SMITH ADD
  • New Construction: No
  • CalculatedSquareFootage: 14340
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 11

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 40
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Wood
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Grant County PUD
  • SewerCompany: City of Moses Lake
  • WaterCompany: City of Moses Lake
  • WaterSewerGarbage: 12322

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Moses Lake
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 100144000
  • Lot Size Acres: 0.9318
  • Lot Size Sq Ft: 40590
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 17110

Multi Family

  • Gross Scheduled Income: 204720
  • Net Operating Income: 194484
  • Number Of Units Total: 20
  • Electric Expense: 1851
  • Insurance Expense: 10173
  • Leasable Area: 14340
  • EnergySource: Electric
  • UnitsInBuildingTotal: 20
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 10418

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $2,475,000 -- $173 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2416622

Northwest Multiple Listing Service (NWMLS)