Listing Courtesy of: Windermere RE K-2 Realty
Listing Agent: Brandon Douglass
509-431-4463; bdoug@windermere.com
Two rental homes situated on two large lots near downtown Ephrata, offering strong rental history and plenty of future potential. The 650 sq. ft. 1-bedroom, 1-bath home currently rents for $1,200/month, while the 1,064 sq. ft. 3-bedroom, 1-bath home rents for $1,700/month. The property sits on more than 1.5 acres and includes additional outbuildings plus a 1,200 sq. ft. shop. The homes are located on a city lot, with the pasture area on a county lot. With zoning allowing for 2–4 multifamily units, there may be additional opportunity to expand or further develop the property. The 3-bedroom home just received a brand-new roof, and the 1-bedroom home's roof is approximately two years old. Mature landscaping, ample parking, a quiet street, and a convenient location near schools, parks, and downtown add to the appeal. Both homes are tenant occupied and have established rental histories, making this a unique income-producing property with room for future possibilities.
Listing Courtesy of: Windermere RE K-2 Realty
Listing Agent: Brandon Douglass
509-431-4463; bdoug@windermere.com
| MLS #: | 2591954 |
|---|---|
| List Price: | $415,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Association Fee: | $0 |
| Tax Annual Amount: | $2,467 |
| Lot Size Square Feet: | 75,359 |
| Lot Size Acres: | 1.73 |
| City: | Ephrata |
| County Or Parish: | Grant |
| Subdivision Name: | Ephrata |
| Postal Code: | 98823 |
| Year Built: | 1946 |
| Number Of Units Total: | 2 |
| Basement: | false |
| Building Area Units: | Square Feet |
| Carport Spaces: | 21 |
| Cooling?: | Yes |
| Covered Spaces: | 0 |
| Directions: | GPS Friendly |
| Elevation Units: | Feet |
| Exterior Features: | Wood |
| Fireplaces Total: | 0 |
| Flooring: | Ceramic Tile, Vinyl Plank |
| Gross Scheduled Income: | $46,800 |
| Heating?: | Yes |
| High School District: | Ephrata |
| Insurance Expense: | $3,439 |
| Leasable Area: | 1,720 |
| Listing Terms: | Cash, Conventional, FHA, USDA Loan, VA Loan |
| Lot Features: | Open Space, Paved |
| Lot Size Units: | Square Feet |
| Main Level Bathrooms: | 0 |
| MLS Area Major: | 294 - Central Grant County |
| Net Operating Income: | $21,970 |
| Effective Year Built Source: | Public Records |
| Energy Source: | Electric |
| Gross Adjusted Income: | 45400 |
| Gross Rent Multiplier: | 8.8 |
| Leased Items: | None |
| MLSLot Size Source: | Public Records |
| Offers: | Seller intends to review offers upon receipt |
| Parking Uncovered Total: | 10 |
| Preliminary Title Ordered: | Yes |
| Seller Disclosure: | Provided |
| Site Features: | Cable TV, Fenced-Partially, Outbuildings, Patio, RV Parking, Shop |
| SOCComments: | 7F - buyer's broker presence required |
| Style Code: | 52 - Duplex |
| Total Expenses: | 24830 |
| Total Monthly Income: | 2900 |
| Units Below Grade: | false |
| Units In Building Total: | 2 |
| Vacancy Rate: | 3 |
| Water Sewer Garbage: | 4320 |
| Zoning Jurisdiction: | See Remarks |
| Original List Price: | $415,000 |
| Other Expense: | $14,604 |
| Parcel Number: | 130887000 |
| Parking Features: | RV Parking |
| Parking Total: | 10 |
| Possession: | Closing |
| Possible Use: | Multi-Family |
| Power Production Type: | Electric |
| Property Condition: | Good |
| Roof: | Composition, Flat |
| Security Features: | Partially Fenced |
| Sewer: | Sewer Connected |
| Special Listing Conditions: | None |
| State Or Province: | WA |
| Stories Total: | 1 |
| Structure Type: | Duplex |
| Tax Year: | 2026 |
| Water Source: | Public |
| Year Built Effective: | 1946 |
| Zoning Description: | Multi-Family |
| Cooling: | Ductless, Window Unit(s) |
| Heating: | Ductless, Radiant, Wall Furnace |
| Virtually Staged: | Not Staged |
| Status: | Active |
| Construction Materials: | Wood |
| Common Interest Community Yn: | false |
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Northwest Multiple Listing Service data last updated on October 08, 2026 03:05 PM - PT
Based on information submitted to the MLS GRID as of October 08, 2026 03:05 PM - PT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 03:05 PM - PT
