MLS: #NWM2461556, Listed By: Jay P. Kincaid, Windermere RE K-2 Realty, Source:NWMLS - Northwest Multiple Listing Service
407 1st Avenue
Ritzville, WA 99169
0
Bed
0
Bath
4,004Sqft
0.23Acre(Lot)
Excellent investment opportunity in the growing community of Ritzville! Originally constructed in 1950, this income-producing property has undergone extensive updates and now features 8 studio apartments, 1 one-bedroom unit with a full kitchen, 2 two-bedroom units with full kitchens, and a remodeled office space. Recent improvements include fresh exterior paint, the addition of a coin-operated laundry facility, and a brand-new roof installed in 2025. Each studio unit is equipped with a private bathroom, hot plate, microwave, and compact refrigerator, providing comfortable and efficient living accommodations. Two additional studio units are ready for renovation, offering significant upside potential and the opportunity to increase the property to a total of 11 income-producing units. Whet
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Flooring: Laminate, Vinyl, Carpet Construction Materials: Metal/Vinyl, Wood -
Heating & Cooling
Heating: Baseboard, Wall Furnace Has Heating: Yes Cooling: Wall Unit(s), Window Unit(s) Has Cooling: Yes WaterSource: Public
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Building Information
Year Built: 1950 -
Exterior Features
Metal/Vinyl, Wood Construction Materials: Metal/Vinyl, Wood Foundation Details: Concrete Ribbon
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Lot Information
Lot Square Feet: 10000 Lot Acres: 0.2296Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$469000
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Tax Information
Annual Tax: $3465 Tax Year: 2025 Parcel Number: 1935230502401
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Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Ritzville City: Ritzville Direction: From Moses Lake and Interstate-WA 90, take Exit 220, turn left on First Ave, towards downtown Ritzville, property is on the right.
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Disclaimer: The information being provided courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the NWMLS - Northwest Multiple Listing Service. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of NWMLS - Northwest Multiple Listing Service. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 06/23/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the 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.
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ByOwner last updated this listing 06/23/2026 @ 06:20
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