PROPERTIES FOR SALE

40 Cherry Street S Soap Lake, WA 98851

Mulit-family potential. R-2 zoning.
Mulit-family potential. R-2 zoning.
864 sq ft building shell ready for an apt or ??
864 sq ft building shell ready for an apt or ??
Space and zoning allows for 1-2 more units,
Space and zoning allows for 1-2 more units,
Main entrance.
Main entrance.
New electrical
New electrical
New egress windows
New egress windows
Primary bedroom
Primary bedroom
primary bedroom
primary bedroom
Primary bedroom bath
Primary bedroom bath
jetted tub
jetted tub
Main level bedroom with 1/2 bath
Main level bedroom with 1/2 bath
Laundry area
Laundry area
Garage with lots of workbench space and light
Garage with lots of workbench space and light
Extra building ready for buildout
Extra building ready for buildout
extra bldg plumbed and wired
extra bldg plumbed and wired
extra bldg plumbed and wired
extra bldg plumbed and wired
NWMLS Courtesy of Keller Williams Columbia Basin
40 Cherry Street S
Soap Lake, WA 98851
$299,000
Residential
4 Beds
2.50 Baths
2323 SqFt
Active
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Unrivaled Investment Opportunity near the legendary Soap Lake! Famous worldwide for its mineral-rich, healing waters and rejuvenating muds, Soap Lake draws visitors seeking wellness and relaxation year-round—making this property to be potential goldmine for short-term rentals, Airbnbs, or multi-family leasing.Zoned R2 for multiple dwellings, this 8,999 sq ft property is ready to maximize your ROI. The main home boasts a spacious living room with a wall of windows & cathedral ceilings, brand-new carpet, alongside a chef’s kitchen with double wall ovens, abundant cabinet space. Retreat to the primary suite, complete with a private balcony, walk-in closet, and a jetted bathtub. The basement adds value with newly installed egress windows for the 2 bedrooms + flexible bonus spaces, larger 2-car garage with built-in workbenches.The Expansion Potential: • An existing 864 sq ft building shell is already plumbed and framed, ready to be converted into an income-generating unit. • Room to build 1 to 2 additional units on the lot. • Peace of mind with a brand-new water line from the street to the house.Located just moments from local schools and the therapeutic beaches of Soap Lake, this property perfectly blends high-yield investment potential with the draw of a historic wellness destination. Schedule your tour today and cash in on the magic of Soap Lake!

Property Features

Community: Soap Lake
1 1/2 Story
View: Territorial
Exterior: Wood Products
Roof: Metal
Parking: Attached Garage
Year Built: 1994
2026 Taxes: $1961.00
Buyer Broker Comp.: 2.5%
Listing #: 2554379

Lot Details

Lot Size: 0.20 acres
Lot Dimensions: 102X87
Alley
Paved

Appliances That Stay

Dishwasher
Double Oven
Refrigerator
Stove(s)/Range(s)

Interior

Bath Off Primary
Ceiling Fan(s)
Dining Room
French Doors
Vaulted Ceiling(s)
Walk-In Closet(s)
Water Heater
Dbl Pane/Storm Window
Cooling:
Heating: Heat Pump, Forced Air
Electric

Schools

District: Soap Lake
Elem: Soap Lake Elem
Middle: Soap Lake Mid & High
High: Soap Lake Mid & High
Call or Email:
Grace Wamwere

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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.
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