329 S Gibby Rd

4
Baths
2,976 Sq. Ft.
$285 / Sq. Ft.
2,976
Sq. Ft.
$285
per Sq. Ft.

Description

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,...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.
  1. Listed by Anna Van Diest • Moses Lake Realty Group
    P: (509)-764-0222 annalyamin@gmail.com
  2. Listed by LeRae Redal • Moses Lake Realty Group
    P: 11-509-764-0222 LeRaeR@gmail.com

Property Details for 329 South Gibby Road

Community Name
Peninsula
School District
Moses Lake
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
07-03-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 07/03/2026 10:43 PM

Property Details for 329 South Gibby Road

StatusActive
MLS #2549664
Days on Market2
Cumulative Days on Market2
Taxes$2,790 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.78 AC / 34,085 SF
CountyGrant County

Location

Listing Courtesy of Moses Lake Realty Group
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Building Information for 329 South Gibby Road

Stories1Residences4Year Built1954Building Size-Lot Size0.78 AC / 34,085 SF

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Principal and Interest

$4,231

Property Taxes

$233

HOA Dues

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Property Information for 329 South Gibby Road

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Fenced-Partially, High Speed Internet, Patio
  • Area: 296 - Peninsula
  • Block: 7
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Frontier Mid
  • High School: Moses Lake High
  • Directions: From Downtown, go west on Broadway, right on Gibby to first property on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Vinyl Plank
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3120
  • Power Company: Grant County PUD
  • Sewer Company: City of Moses Lake
  • Water Company: City of Moses Lake
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Commercial,Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 37
Lot Information
  • Lot Details: Cul-De-Sac, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: Irregular
  • Lot Number: 2
  • Lot Size Source: Realist
  • Parcel Number Free Text: 111270000
  • Building Condition: Good
  • Calculated Square Footage: 2976
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2976.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 50
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7910
  • Gross Adjusted Income: 37800
  • Gross Rent Multiplier: 16.85
  • Gross Scheduled Income: $50,400
  • Insurance Expense: $2,000
  • Net Operating Income: $42,490
  • Other Expenses: $0
  • Total Monthly Income: 4200
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 329
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 744
  • Rent Unit 1: $1,050.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 331
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 744
  • Rent Unit 2: $1,050.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 333
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 744
  • Rent Unit 3: $1,050.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 335
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 744
  • Rent Unit 4: $1,050.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2976.0

Property History for 329 South Gibby Road

DateEvent & SourcePriceAppreciation
Jul 3, 2026

Listed (Active)

NWMLS #2549664

$849,000—
Aug 30, 2004

Sold

NWMLS #22266292

$189,000—
Jun 30, 2004

Pending

NWMLS #22266292

—
DateEvent & SourcePrice
07/03/2026

Listed (Active)

NWMLS #2549664

$849,000
08/30/2004

Sold

NWMLS #22266292

$189,000
06/30/2004

Pending

NWMLS #22266292

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 329 South Gibby Road

Taxable ValueLand$97,390Additions$144,630Total$242,020
Tax Record2021$3,106 ($259 / month)
Home Facts
Total Finished SqFt2,976 SqFtAbove Ground SqFt2,976 SqFtStories1Lot Size30,492 SqFtStyleMulti-Family Res (5+ Units)Year Built1954Year Renovated1970CountyGRANTAPN111270000

Schools near 329 South Gibby Road

This home is within Moses Lake School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Mlc/Discover Elementary School
PublicK to 5

Frontier Middle School
Public6 to 8

Moses Lake High School
Public9 to 12

Vicki I. Groff Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

329 South Gibby Road is a multi-family home for sale in Moses Lake, WA 98837. This property was listed for sale on July 3, 2026 by Moses Lake Realty Group, it's currently listed at $849,000. It has been on the market for a total of 2 days and was last sold on August 30, 2004. This listing's school district is Moses Lake School District. Nearby schools include Mlc/Discover Elementary School, Frontier Middle School and Moses Lake High School. 329 South Gibby Road is a 8-bed, 4-bath, 2,976 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Moses Lake Realty Group

Based on information submitted to the MLS GRID as of 07/03/2026 10:43 PM. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.