4278 Grape Drive Ne, Moses Lake, WA 98837

Moses Lake
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: mason fiascone
Office: the paragon group
MLS#:2480179
Source:NWMLS
4278 Grape Drive Ne,Moses Lake, WA 98837
$3,800,000
  • - Beds
  • - Baths
  • 17,075 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,800,000
  • Price per sq. ft.:$222.55

About this home

Located on 4278 Grape Drive NE in Moses Lake, this multifamily asset offers a compelling opportunity for investors seeking scalable upside in a fundamentally strong Eastern Washington market. The property has already been expanded from 36 to 39 units, with preliminary discussions indicating the potential to add as many as six more units through new construction or adaptive reuse—subject to verification. This density upside, combined with light operational and physical improvements, makes the offering an ideal fit for buyers targeting value creation without heavy lift. The unit mix includes true studios with full kitchens and private bathrooms—an increasingly rare feature in markets where many comparable units are converted motel stock. This functional advantage drives tenant satisfaction, improved retention, and stronger rent performance over time. Further income potential lies in the addition of on-site laundry facilities, with existing hookups already in place, allowing for a...

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Home facts

  • Year built:1954
  • Listing ID #:2480179
  • Updated:April 13, 2026 at 12:23 AM

Rooms and interior

  • Living area:17,075 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition, Flat Roof
  • Year built:1954
  • Building area:17,075 sq. ft.
  • Lot area:3.3 Acres
  • Construction Materials:Cement/Concrete Exterior Finish

Schools

  • High school:Moses Lake High
  • Middle school:Chief Moses Mid
  • Elementary school:Longview Elem

Utilities

  • Water:Community
  • Sewer:Available

Finances and disclosures

  • Price:$3,800,000
  • Price per sq. ft.:$222.55
  • Tax amount:$14,321 (2025)
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