Active

Listed by: Moses Lake Realty Group • Anna Van Diest

$849,000

329 S Gibby Road, Moses Lake, WA 98837

8beds

4baths

2,976sqft

$5,184/mo

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Quadruplex, Multi Family

Built in 1954

-- sqft lot

$806,400 Zestimate^®

$285/sqft

$-- HOA

What's special

Numerous interior improvements

Excellent income-producing investment featuring two duplexes with four total rental units situated on two parcels with R3 Multifamily and Commercial zoning, offering exceptional flexibility for future development or mixed-use opportunities. The property has been extensively updated with modern electrical, plumbing, HVAC systems, and numerous interior improvements, creating a low-maintenance investment. Strong rental income with long-term upside in a prime location offering convenient access to Broadway, I-90, shopping, dining, and services. An outstanding opportunity for investors seeking cash flow and future potential.

32 days

140

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air, Electric

Cooling

Forced Air

Features

Flooring: Hardwood, Vinyl Plank
Has fireplace: No

Interior area

Total structure area: 2,976
Total interior livable area: 2,976 sqft

Property

Parking

Total spaces: 8
Carport spaces: 4
Uncovered spaces: 4

Features

Has view: Yes
View description: Territorial

Lot

Size: 0.78 Acres
Features: Cul-De-Sac, Curbs, Paved, Sidewalk, Fenced-Partially, High Speed Internet, Patio

Details

Parcel number: 111270000
Zoning description: Commercial,Multi-Family,Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 4-Plex
Property subtype: Quadruplex, Multi Family

Materials

Wood Siding, Wood Products
Foundation: Poured Concrete
Roof: Composition

Condition

Good
Year built: 1954

Utilities & green energy

Electric: Company: Grant County PUD
Sewer: Sewer Connected, Company: City of Moses Lake
Water: Public, Company: City of Moses Lake

Community & HOA

Community

Subdivision: Peninsula

Location

Region: Moses Lake

Financial & listing details

Price per square foot: $285/sqft
Tax assessed value: $253,533
Annual tax amount: $2,790
Date on market: 7/2/2026
Cumulative days on market: 34 days
Listing terms: Conventional

Estimated market value

$806,400

$766,000 - $847,000

$1,307/mo

Price history

Date	Event	Price
7/4/2026	Listed for sale	$849,000+414.5%$285/sqft
Source: NWMLS as distributed by MLS GRID #2549664 Report a problem
3/10/2020	Listing removed	$725
Source: Moses Lake Realty Group Report a problem
2/29/2020	Listed for rent	$725
Source: Moses Lake Realty Group Report a problem
9/16/2004	Sold	$165,000$55/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,790 -19.9%	$253,533
2023	$3,482 +9.5%	$253,533 -3.2%
2022	$3,179 -2.1%	$261,920
2021	$3,248 +4.5%	$261,920 +8.2%
2020	$3,107	$242,020
2019	$3,107 -9.5%	$242,020 +1.9%
2018	$3,431 -9.7%	$237,410 +38.4%
2017	$3,800 +3.5%	$171,495 +1.3%
2016	$3,671 +38.3%	$169,320
2013	$2,654	$169,320
2011	--	$169,320 -1.9%
2010	$2,058 -1.8%	$172,515
2009	$2,095 -8.5%	$172,515
2007	$2,290	$172,515

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 98837

Getting around

40 / 100

Car-Dependent

40 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Mlc/Discover Elementary School
Grades: K-5Distance: 0.3 mi
4/10
Frontier Middle School
Grades: 6-8Distance: 1 mi
3/10
Moses Lake High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Middle: Frontier Mid
High: Moses Lake High

Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.