206 Beale Avenue, Moses Lake, WA 98837

Moses Lake
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: jaden barrie, jennifer kron
Office: moses lake realty group
MLS#:2502402
Source:NWMLS
206 Beale Avenue,Moses Lake, WA 98837
$549,995
  • - Beds
  • - Baths
  • 2,322 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$549,995
  • Price per sq. ft.:$236.86

About this home

206 / 208 Beale Ave — Moses Lake Infill Investment Opportunity: stabilized duplex with fully approved plans for two ADUs to create a 4-unit asset in a designated Opportunity Zone. Offered at $549,995, this low-basis play delivers immediate cash flow (current rents $1,275 & $1,350; MTM leases) and significant upside with installing ADUs— pro-forma gross rents of $61,200–$73,800 (˜94% rent lift after ADU build). Both existing units fully renovated (interiors 2021 & 2024; new paint, fence & roof 2024). Short plat recorded Q1-2026 subdivides the duplex down the middle, enabling separate parcel financing or resale. Tenants pay W/S/G & electricity (NNN-style); Low regular expenses. ADU construction budget range $302k–$505k (additional savings if both units are built concurrently); pro-forma NOI $49k–$57.5k with cap rate range 6.25%–7.75%. Purchase via Qualified Opportunity Fund may offer OZ tax benefits for eligible buyers (consult tax counsel). Flexible ownership options: hold & capture OZ...

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Home facts

  • Year built:1961
  • Listing ID #:2502402
  • Updated:April 12, 2026 at 11:02 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:2,322 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1961
  • Building area:2,322 sq. ft.
  • Lot area:0.51 Acres
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Water:Community
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$549,995
  • Price per sq. ft.:$236.86
  • Tax amount:$2,148 (2026)

Parking

  • Total parking spaces:10
  • Carport spaces:4
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of April 12, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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