Listing provided courtesy of Nest Realty CompanyNWMLSas Distributed by MLSGrid- MLS# NWM2540575MLS Provider

7918 Stanley DriveMoses Lake, WA 98837

Multi-Family · 2 Beds · 1,020 Sq. ft. | 0.20 Acres
$245,000 Active

7918 Stanley Drive Overview

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Investor opportunity in Cascade Valley. This long term tenant occupied duplex offers two 1 bedroom, 1 bathroom units, each approximately 510 sq. ft., with steady rental income already in place. The property sits on an 8,499 sq. ft. lot with two parcels ( Parcel #'s:120335000 & 120334000) included in the sale, providing added flexibility and future potential. The exterior features a clean single level layout, established lawn, mature trees, garden beds, paved street access, and off street parking. Interior photos show functional living spaces, laminate flooring, kitchen appliances, washer and dryer hookups, and simple, low maintenance finishes. There is also a second potential build area available toward the back of the lot, with temporary power already approved, creating an opportunity to explore an additional unit or future improvement. Buyer to verify all development options, utilities, zoning, and permitting to their satisfaction. Investor special with current long term tenants, existing income, two included parcels, and potential upside on the back portion of the lot. Sale subject to tenant rights. Photos have been virtually rendered to remove some tenant items. Two parcels included in the sale.

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7918 Stanley Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,020
  • Price/Sq.ft. $240
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Moses Lake

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Total Expenses: 774
  • Total Monthly Income: 1575
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1954

Location/Region

  • Country: US
  • County Or Parish: Grant
  • MLS Area Major: 297 - Central Moses Lake
  • Subdivision Name: Cascade Valley

Tax Information

  • Tax Annual Amount: $774.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, USDA Loan, VA Loan
  • Parcel Number: 120335000
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 1020
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1020
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Heating: Yes
  • Leasable Area: 1020
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 2
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.1951
  • Lot Size Square Feet: 8499
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood Products
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 750
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 825
  • Beds Total: 1
  • Baths Total: 1

7918 Stanley Drive Neighborhood

Community

98837 (Moses Lake) Demographics

36
Median Age
85
Population Density (per sq. mile)
31%
College Educated
$60,793
Estimated Median Income
9,634
Estimated Total Home Owners
5,604
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7918 Stanley Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7918 Stanley Drive Market Data

Based on the last 30 days in this zip code

$465,275
Average List Price
$247
Average Price per Square Foot
49
Properties Sold
88
Average Days on Market
356
Properties for Sale
Calculations provided by Reliance Network

7918 Stanley Drive History

Date Event Value Agent
6/18/2026Source: NWMLS Added to Database
June 18, 2026