Listing provided courtesy of Windermere RE K-2 Realty. Bought with Windermere RE K-2 Realty.
Off Market Jul 2004 for $220K
$523,614
Studio
•
— ba
•
—
sq ft
7929 7913 Valley Rd, Moses Lake, WA 98837
About this home
Investment opportunity. 2 houses plus 9 apartments. Larger 2 story house has 3 bedrooms, 2 baths, 2 kitchens, 2 living/family rooms, garage/workshop plus separate large shop. Lower living area could be separate residence. Smaller house has 2 bedrooms, 1 bath and large lot. Nine apartments including seven 1-bedroom units and two 2-bedroom units. Property needs paint and general clean up. Investor opportunity to gain equity by improving the property. Financials are projections.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.61 Acres
Year renovated
—
Sq. Ft.
2,276
Year built
1949
Style
Multi-Family (5+ Unit)
County
Grant County
APN
120349000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 17, 2026.
UR4
Urban Residential 4 District
The Urban Residential 4 UR4 zoning district is established within urban growth areas to provide for high density, single-, two-, and multi-family residential development for persons who desire to live in an urban-type environment. The UR4 zoning district is designed to be used in areas: with good transportation access from and to urban centers; that are in close proximity to the urban core and/or neighborhood shopping facilities; and where urban governmental services are currently available.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Public service
Educational/school
Property details
Parking
Parking Information
Covered Spaces: 2
Carport Spaces: 1
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Forced Air, Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $2,225
Other Expense: $3,300
Net Operating Income: $30,527
Gross Adjusted Income: 41472
Gross Scheduled Income: $46,080
Total Monthly Income: 3840
Gross Rent Multiplier: 6
Total Expenses: 10945
Multi-Unit Information
Units In Building Total: 11
Vacancy Rate: 10
Furnished: Unfurnished
Exterior
Building Information
Roof: Cedar Shake, Metal
Exterior Features
Exterior Features: Metal/Vinyl, Wood
Property Information
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Fair
Has View
Land Information
Possible Use: Residential
Lot Information
Lot Number: 38 & portion of 37
Site Features: Outbuildings,Shop
Lot Features: Corner Lot, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0
Lot Size Dimensions: Irregular
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $2,660
Tax Year: 2003
Financial Information
Listing Terms: Cash Out
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Community
Water Company: Cascade
Power Company: Grant County PUD
Sewer: Septic Tank
Sewer Company: None
Utilities: Septic System, Electric
Water Sewer Garbage: 2760
Location
HOA Information
Association Fee Frequency: Annually
School Information
High School District: Moses Lake
Location Information
Directions: Valley Road to Lee Drive. Southwest Corner. Sign says Dow Apartments.
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,276
Stories: 1.0
Lot Size: 0.61 acres
Style: Multi-Family (5+ Unit)
Year Built: 1949
Year Renovated: —
County: Grant County
APN: 120349000
Home facts updated by county records on Jun 17, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, October 7, 2003
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Foundation Details: Concrete Ribbon
Building Name: Lee Plat
Structure Type: Duplex
Around this home
Schools
Park Orchard Elementary School
Public K-5 • Assigned • 1.2mi
5/10
Frontier Middle School
Public 6-8 • Assigned • 2.1mi
4/10
Moses Lake High School
Public 9-12 • Assigned • 3.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
Moses Lake, WA • 98837
Average low and high temperatures (°F)
38
27
42
28
57
37
66
40
76
49
81
57
89
62
88
62
82
55
63
40
48
36
42
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 1.4 hours in December, placing it below the
U.S. average for solar exposure.