68 W State Highway 28 Soap Lake, WA 98851
68 W State Highway 28
Soap Lake, WA 98851
$1,099,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Soap Lake
10+ Units
View: City
View: Territorial
Cable TV
High Speed Internet
Exterior: Wood Products
Roof: Composition
Year Built: 1947
2026 Taxes: $1865.00
Buyer Broker Comp.: 2%%
Listing #: 2495457
Lot Details
Lot Size: 0.69 acres
Lot Dimensions: 37500
Paved
No. of Units: 3
Interior
Cooling: Wall Unit(s)
Heating: Radiator
Electric
Oil
Schools
District: Soap Lake
Call or Email:
Grace Wamwere
What's Near 68 W State Highway 28 Soap Lake, WA 98851?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Windermere RE K-2 Realty
