NOT LISTED FOR SALE

1639 Basin St SW Ephrata, WA 98823

-- Bed
6 Baths
10,560 Sq Ft
0.82 Acres

Last Sold June 01, 2017

Last sale price $940,000 $89 Per Sq Ft

1,419 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of June 2017

Motel / apartment with good cash flow. 35 units, office and a coin op laundry. Property renovated over the last 5 years including 50 year roof, flooring, electrical fixtures, appliances, HVAC and exterior. Month to month rents range from $375 to $700 and include electricity, cable TV, water, sewer, trash and very high speed internet. Property has around 300 feet on HWY 28 and is the 2nd motel when coming into the south end of town.

Last Listed By

Walt Bumgarner

Windermere RE K-2 Realty License #8488 Listed on: 04/24/2013

Windermere RE K-2 Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM477462

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.82

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Bitumen Roof
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • 35 Units
  • Ephrata Community

Listing and Financial Details

  • Assessor Parcel Number 130062000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 56 - 10+ Units
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Estimated Sq Ft: 10560

Exterior Features

  • Exterior: Brick, Cement/Concrete, Wood Products
  • Foundation: Concrete Ribbon
  • Roof: Metal, Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Uncovered Spaces: 40
  • Total Numberof Parking Spaces: 40

Utilities

  • Electrical Expenses: 13944
  • Water/Sewer/Garbage: 14205
  • Heating And Cooling: Baseboard, Wall
  • Power Company: PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Ephrata
  • Water Company: City of Ephrata
  • Water Source: Public

Condo/Co-op/Association

  • Numberof Units in Building: 35
  • Community Name: Ephrata
  • Project: Alton Addition
  • Amenities: Coin Op Laundry

Schools

  • School District: EPH

Lot Info

  • Lot Number: 11-15
  • General Zoning Classification: Commercial
  • Lot Details: Paved Street
  • Lot Sq Ft: 35721
  • Parcel Number: 130062000
  • Zoning Jurisdiction: City

Multi Family

  • Gross Adjusted Income: 169746
  • Gross Rent Multiplier: 5
  • Gross Scheduled Income: 178680
  • Insurance Expenses: 11800
  • Other Expenses: 7571
  • Total Expenses: 53839
  • Total Monthly Income: 14000
  • Net Operating Income: 115907
  • Total Expenses: 53839
  • Vacancy Rate: 5

Tax Info

  • Tax Amount: 6319

Range of Values:

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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
06/01/2017 06/01/17 Sold $940,000 -1.1% $89 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $950,000 0.0% $90 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $950,000 +1.1% $90 / Sq Ft
07/02/2016 07/02/16 Off Market $940,000 -- --
04/24/2013 04/24/13 For Sale $950,000 -- $90 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Walt Bumgarner

    Seller's Agent in 2017

    Walt Bumgarner

    Windermere Corporate

    (509) 764-0524

    Section Image
  • Karna Cristina

    Buyer's Agent in 2017

    Karna Cristina

    RE/MAX

    (206) 554-1522

    185 Total Sales

    Karna Cristina
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM477462

Northwest Multiple Listing Service (NWMLS)

Washington Grant County Ephrata 98823

1639 Basin St SW, Ephrata, WA

Homes for Sale in Ephrata, WA

This home is located at 1639 Basin St SW, Ephrata, WA 98823 since 24 April 2013. This property was built in 1955. 1639 Basin St SW is a home located in Grant County with nearby schools including Ephrata High School, New Life Christian School, and St. Rose of Lima Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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