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$825,000
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Property Description
Prime Investment Opportunity! Two Newly Built 2024 Duplexes in Central Moses Lake with an 8-year tax exemption! Each identical unit has 3-bedroom, 1-bath and is designed for comfort, efficiency, and long-term durability. Features: Beautifully finished concrete floors, 9-foot ceilings, stainless steel appliances, in-unit washer & dryer, Central heating & A/C, individually metered utilities, two parking spaces per unit, large secure mailboxes, drought-tolerant landscaping and irrigation system. Located minutes from the police department, Surf 'n Slide Water Park, shops, and dining. Three of the four units are currently leased, with one unit available, ideal for an owner-occupant looking to live on-site while generating rental income.
Full Property Details
Full Property Details for 504 S Alder St
General
- Sold For: $825,000
- Taxes: $810 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2418958
- Added to Site: 162 day(s) ago
Interior
- Flooring: Concrete
Additional Information
- Amenities: Electric Car Charging, Fenced-Partially, High Speed Internet, Patio
- Security/Safety: Partially Fenced
Parking
- Uncovered Spaces: 8
Location
- Area: 297 - Central Moses Lake
- County: Grant
- Subdivision: Moses Lake
- Driving Directions: From S Pioneer Way, turn east onto E Fifth Ave. Continue to S Alder St and turn right. Property will be on the right side.
School Information
- High School District: Moses Lake
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central A/C, Forced Air
- Heating Type: Forced Air, Heat Pump
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Cement Planked
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 3,870
- Year Built: 2024
- Property Condition: Very Good
Unit Information
- Units in Building: 4
Lot Features
- Property View: City
- Lot Size (Acres): 0.186
- Lot Size (Sq. Ft.): 8,102
- Lot Size Source: Realist
- Lot Features: Corner Lot, Paved
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $810.45
- Tax Year: 2025
- Terms: Cash Out, Conventional, FHA
Disclosures and Reports
- Special Conditions: None
- Property ID: 90855000
Listed by Haley Pratt | Keller Williams Realty Spokane | (509) 458-4000
Sold by Kandi Bersanti | Windermere RE K-2 Realty
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Schools
Schools serving 504 S Alder St
School District:Moses Lake School District
| Name | Grades | Distance |
|---|---|---|
Mlc/Discover Elementary School 502 South C Street, Moses Lake, WA 98837 | K-5 | 1 mi |
Frontier Middle School, Moses Lake, WA 517 West 3rd Avenue, Moses Lake, WA 98837 | 6-8 | 0.4 mi |
Moses Lake High School 803 Sharon Avenue East, Moses Lake, WA 98837 | 9-12 | 1.4 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 504 S Alder St
Date
Details
Price
Change
Source
11/07/2025
Sold
$825,000
-2.94%
MLS
8/08/2025
Listed
$849,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
504 S Alder Street, Moses Lake, WA 98837 (MLS# 2418958) is a Multi-Family property that was sold at $825,000 on November 07, 2025. Want to learn more about 504 S Alder Street? Do you have questions about finding other Multi-Family real estate for sale in Moses Lake? You can browse all Moses Lake real estate or contact a Coldwell Banker agent to request more information.

