68 W State Highway 28, Soap Lake, WA 98851
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68 W State Highway 28, Soap Lake, WA 98851
68 W State Highway 28, Soap Lake, WA 98851
68 W State Highway 28, Soap Lake, WA 98851
68 W State Highway 28, Soap Lake, WA 98851
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Nathan Allan

Nathan Allan

+1(360) 499-2123
Listed by:Windermere RE K-2 Realty • Jay P. Kincaid
$ 999,000
Est. payment /mo
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Active

68 W State Highway 28 Soap Lake, WA 98851

2 Baths

6,192 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,192 sqft

Price per Sqft $161

Subdivision Soap Lake

MLS Listing ID 2495457

Style 56 - 10+ Units

Year Built 1947

Annual Tax Amount $1,865

Lot Size 0.689 Acres

Lot Dimensions 37500

Property Sub-Type Multi Family

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.

Location

State WA

County Grant

Area 291 - North Central Grant County

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Cable TV, High Speed Internet

View Y/N Yes

View City, Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Septic Tank

Water Community

New Construction No

Schools

School District Soap Lake

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

Nathan Allan

Nathan Allan

Advisor | License ID: 23002463

+1(360) 499-2123

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68 W State Highway 28