MLS #2495457 / Listing provided by NWMLS & Windermere R.E. K-2 Realty.
$1,099,000
68 W State Highway 28
Soap Lake,
WA
98851
Sq Ft
Per Sq Ft
Year Built
Located between Ephrata and Soap Lake, this exceptional investment opportunity features 14 studio units along with an additional rental storage space. The property includes 10 units renting at $725 per month, 4 units at $775 per month, and a storage unit 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, situated along the southern shore of its namesake lake, 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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage Spaces: 0
- Total Uncovered Parking Spaces: 0
Structure
- Roof: Composition
- Exterior Features: Wood Products
- Foundation: Concrete Ribbon
Lot Details
- Lot Features: Paved
- Acres: 0.6887
- Foundation: Concrete Ribbon
Schools
- High School District: Soap Lake
Lot Details
- Lot Features: Paved
- Acres: 0.6887
- Foundation: Concrete Ribbon
Power
- Energy Source: Electric, Oil
- Power Company: Grant County PUD
Water, Sewer, and Garbage
- Sewer: Septic Tank
- Water Company: Lakeview Water Park
- Water Source: Community
- Water, Sewer, and Garbage: 2280
Heather Marshman
Broker | REALTOR®
Send Heather Marshman an email