68 W State Highway 28, Soap Lake, Washington 98851

WA, Soap Lake
$999,000
  • 6,192 Sqft
  • Residential Income Property Type
  • 1947 Year Built
  • Active Status
Property Description

Located between Ephrata and Soap Lake, this exceptional investment opportunity features 14 studio units between $700-$875 per month, along with an additional rental storage space generating $200 per month. Exterior of the property was repainted in 2025. Tenants enjoy the convenience of all utilities included—water, garbage, and power—making these units highly attractive and easy to maintain. Soap Lake is situated along the southern shore of its namesake lake, and has long been known as a tourist destination, drawing visitors for its unique, mineral-rich waters and their reputed healing properties. This steady influx of visitors and long-term residents alike supports strong rental demand in the area.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2495457
  • Price: $999,000
  • View: City,Territorial
  • Square Footage: 6,192 Sqft
  • Year Built: 1947
  • Lot Area: 0.69 Acre
  • Status: Active
  • Office Name: Windermere RE K-2 Realty
  • Agent Name: Jay P. Kincaid
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Radiator
  • Cooling System Wall Unit(s)
  • Exterior Features Wood Products
  • Flooring Carpet, Vinyl
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County Grant
  • City Soap Lake
  • Zipcode 98851
  • Street: State Highway 28
  • Street Number: 68
  • Longitude: W120° 30' 28.5''
  • Latitude: N47° 22' 30.6''
  • Directions: State Highway 28, between Soap Lake and Ephrata, property is on the west side of Highway 28.
  • Mls Area Major: 291 - North Central Grant County
  • Street Dir Prefix: W
Neighborhood
  • High School District: Soap Lake
Additional Information
  • Lot Size Dimensions: 37500
  • Water Source: Community
  • Stories Total: 1
  • Possible Use: Multi-Family
  • On Market Date: 2026-03-23
  • Number Of Units Total: 3
  • Lot Features: Paved
  • Foundation Details: Concrete Ribbon
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 1865
Listing Information
  • List Agent Mls Id: 84629
  • List Office Mls Id: 9633
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-04-07T17:43:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-03-23T19:15:11Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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