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$1,275,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 11 days ago

Listed by Tami Canfield | Coldwell Banker Tomlinson R&H | (509) 766-0300 and Dustin Canfield | Coldwell Banker Tomlinson R&H | (509) 766-0300

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Discover this rare opportunity to acquire a brand-new, modern 5-unit multifamily property currently under construction in a high-growth neighborhood with strong rental demand and limited inventory. Designed for both investor appeal and tenant retention, this property promises industry-leading finishes, efficient layouts, and optimized revenue performance. Ideal for 1031 exchanges, investors, or private equity groups seeking sustainable long-term revenue and equity appreciation. Located near schools, shopping centers, and great walking trails. Short distance to highways making for a short commute for employment out of town. Each unit is 3 bed/2.5 bath with one car garage. Call today!

Full Property Details for 1311 2nd Ave NE

General

  • Price: $1,275,000
  • Taxes: $457 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2464788
  • Updated: 1/5/2026
  • Added to Site: 12 day(s) ago

Interior

  • Flooring: Vinyl Plank, Carpet

Additional Information

  • Amenities: Patio

Parking

  • Covered Spaces: 5
  • Uncovered Spaces: 5

Location

  • Area: 291 - North Central Grant County
  • County: Grant
  • Subdivision: Ephrata
  • Driving Directions: From Basin St - NE on Basin - E on Division - N on K St NE - E on 2nd Ave - Property on L

School Information

  • High School District: Ephrata

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Construction Status: Under Construction
  • Exterior Const.: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 6,470
  • Year Built: 2025
  • Property Condition: Under Construction

Unit Information

  • Units in Building: 5

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.271
  • Lot Size (Sq. Ft.): 11,806
  • Lot Size Source: County
  • Lot Features: Dead End Street, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $457
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 313287000

Listed by Tami Canfield | Coldwell Banker Tomlinson R&H | (509) 766-0300 and Dustin Canfield | Coldwell Banker Tomlinson R&H | (509) 766-0300

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NMLS#: 1598647

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Schools serving 1311 2nd Ave NE

School District:Ephrata School District
NameGradesDistance
Columbia Ridge Elementary School
60 H Street Southeast, Ephrata, WA 98823
PK-40.5 mi
Grant Elementary School, Ephrata, WA
451 3rd Avenue Northwest, Ephrata, WA 98823
K-41 mi
Ephrata Middle School
384 A Street Southeast, Ephrata, WA 98823
7-81 mi
Ephrata High School
333 4th Avenue Northwest, Ephrata, WA 98823
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1311 2nd Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Listed
$1,275,000
466.67%
MLS
4/14/2025
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1311 2nd Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2023
$530
-11%
$42,525
—
2020
$596
30%
$42,525
—
2019
$459
-11%
$42,525
22%
2018
$515
7%
$35,000
—
2017
$483
-7%
$35,000
—
2016
$520
-1%
$35,000
—
2015
$524
-2%
$35,000
—
2014
$535
—
$35,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tami Canfield | Coldwell Banker Tomlinson R&H | (509) 766-0300 and Dustin Canfield | Coldwell Banker Tomlinson R&H | (509) 766-0300

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1311 2nd Ave NE, Ephrata, WA 98823 (MLS# 2464788) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1311 2nd Ave NE is currently listed for $1,275,000 and was received on January 05, 2026. Want to learn more about 1311 2nd Ave NE? Do you have questions about finding other Multi-Family real estate for sale in Ephrata? You can browse all Ephrata real estate or contact a Coldwell Banker agent to request more information.

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