Large-Format Duplex
921 Ted Yao Way Moses Lake, WA 98837
921 Ted Yao Way, Moses Lake, WA, 98837
$595,000
For Sale
$595,000
Turnkey duplex with two separate units, each offering 4 bedrooms, in-unit laundry hookups, and an attached 2-car garage.
Property Size3,184 SF
Price / SF$186.87
Days on Market62
Property Features for 921 Ted Yao Way
General Information
- Standard status
- Active
- Size
- 3,184 SF
- Property subtype
- Commercial
Listing agency
SPERRYCGA - EASERICH COMMERCIAL REAL ESTATE
Listed by
LIEN MA, CCIM, CRRP
Source
Corcoran
Added: May 21 Updated: Jul 20 at 6:08PM Checked: Jul 21 at 5:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SPERRYCGA - EASERICH COMMERCIAL REAL ESTATE
Investment Insights
Based on property information with market context.
This turnkey, new-construction duplex is designed to function like two separate single-family homes. The property includes two units, each with a two-story layout featuring an open-concept living area, modern kitchen finishes with solid-surface countertops and stainless appliances, and in-unit laundry hookups. Each unit also provides 4 bedrooms, 2.25 bathrooms, a private entry, and an attached 2-car garage.
Located at 921 Ted Yao Way in Moses Lake, WA 98837, the duplex is built to support low-maintenance ownership while providing two fully independent residences under one property.
With private entries, mirrored unit layouts, and attached garages for each side, this configuration offers straightforward day-to-day convenience for an owner-occupant or a buyer seeking income from both units.
Located at 921 Ted Yao Way in Moses Lake, WA 98837, the duplex is built to support low-maintenance ownership while providing two fully independent residences under one property.
With private entries, mirrored unit layouts, and attached garages for each side, this configuration offers straightforward day-to-day convenience for an owner-occupant or a buyer seeking income from both units.
Key Highlights
- Duplex with two separate units, each featuring 4 bedrooms and 2.25 bathrooms
- Each unit has a private entry and a two‑story layout with open‑concept living areas
- Modern kitchens in both units with solid‑surface countertops and stainless appliances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $13.67 |
| − Vacancy | −$3.7k | −$1.16 |
| EGI | $39.8k | $12.51 |
| − OpEx | −$11.9k | −$3.75 |
| NOI | $27.9k | $8.76 |
3,184 SF · lease $13.67/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.3K
$348.5K – $464.6K
NOI $27,878 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$382.6K
$334.7K – $446.3K
NOI $26,779 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$691.7K
$605.2K – $807.0K
NOI $48,417 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turnkey duplex with two separate units, each offering 4 bedrooms, in-unit laundry hookups, and an attached 2-car garage.
Where is this duplex located?
The property is located at 921 Ted Yao Way Moses Lake, WA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Duplex with two separate units, each featuring 4 bedrooms and 2.25 bathrooms; Each unit has a private entry and a two‑story layout with open‑concept living areas; Modern kitchens in both units with solid‑surface countertops and stainless appliances
