About 4413 Circle Place
Portfolio investment opportunity! 9 units total includes 5 buildings (4x2 units and 1 single family) on 3 parcels, over an acre with space to build. Currently 100% occupied and many of the units have been recently updated. With all 9 units rented and strong in-place performance (6.96% current cap) and attractive income metrics (11.56 current GRM). Tenants pay utilities and the property is managed. Conveniently located between the fair grounds and Highway 17 off of Airway drive in Moses Lake's Urban Growth Area.
Features of 4413 Circle Place
| MLS® # | 2563000 |
|---|---|
| Price | $1,180,000 |
| Square Footage | 2,704 |
| Acres | 0.36 |
| Year Built | 2005 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 4413 Circle Place |
|---|---|
| Area | 297 - Central Moses Lake |
| Subdivision | Basin Homes |
| City | Moses Lake |
| County | Grant |
| State | WA |
| Zip Code | 98837 |
Amenities
| Parking Spaces | 9 |
|---|---|
| View | Territorial |
| Is Waterfront | No |
Interior
| Heating | Baseboard, Forced Air, Wall Furnace |
|---|---|
| Cooling | Forced Air, Wall Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Cement/Concrete |
|---|---|
| Lot Description | Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Moses Lake |
|---|---|
| Elementary | Park Orchard Elem |
| Middle | Chief Moses Mid |
| High | Moses Lake High |
Additional Information
| Date Listed | July 31st, 2026 |
|---|---|
| Days on Market | 27 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty |
|---|