Large-Format Duplex
For Sale
$595,000
921 West Ted Yao Way, Moses Lake, WA 98837
Turnkey duplex with two separate units, each offering 4 bedrooms, in-unit laundry hookups, and an attached 2-car garage.
Property Size3,184 SF
Days on Market155
Property Features for 921 West Ted Yao Way
General Information
Standard status
Active
Size
3,184 SF
Property subtype
Multifamily
Building Details
Building Size
3,184 SF
Year Built
2025
Listed By:
Lien Ma, CCIM · License #WA #26386
(425) 306-5458
Source:
Sperrycga
Added: May 27
Changed: Oct 25
Last Checked: Oct 26 at 1:56PM
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 Lien Ma, CCIM
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,878
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,560
$557.6K
Cap Rate 7%
$398,257
$398.3K
Cap Rate 9%
$309,756
$309.8K
Market Conditions
NOI Build-Up for 3,184 SF
Gross rent
$43.5K $13.67/SF
− Vacancy
−$3.7K −$1.16/SF
EGI
$39.8K $12.51/SF
− OpEx
−$11.9K −$3.75/SF
NOI
$27.9K $8.76/SF
Area
Grant County, WA
Vacancy
8.50%
Lease Rate
$13.67 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,560
Cap Rate 7%
$398,257
Cap Rate 9%
$309,756
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 98837, WA
46,262
Population
18,651
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
486.2 sq mi
ZIP Area
95
Density / Sq Mi
$70,732
Median Household Income
$44,214
Median Earnings
$1,128
Median Rent
$290,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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 West 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
