11 E Main Street

Soap Lake, WA 98851

  • Bed

  • Bath

  • 1820 SqFt

  • 197 DOM

  • Built: 1940

  • Status: Active

$499,950

X

11 E Main Street

Soap Lake 98851

$499950

  • Bed

  • Bath

  • 1820 SqFt

  • 197 DOM

  • Built: 1940

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Did you know you can get a loan based on rent income, not your income - DSCR Loans. This property's ratio: 1.38 Discover a Prime Investment Opportunity in the heart of Soap Lake, Wa. This property offers an unique blend of multi-family residential and commercial space and is perfect for investors. This versatile property comprises of one Commercial space, 2 Single Bedroom units, and 3 Studio Apartments; 100% occupancy for numerous years, with commercial tenant approaching 20 years - residential tenants are on month to month basis, but would love to continue tenancy. The property is positioned at the intersection of Division and Main, and enjoys a coveted corner location within walking distance to the beach and parks.

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Residence Information

  • 1820

  • Composition, Metal

  • 55 - 5-9 Units

  • 1940

  • Poured Concrete

Features and Utilities

  • Wood Products

  • Community

  • Sewer Connected

  • 0

Financial

  • 1181

  • Cash Out, Conventional

  • 09-12-2024

Comparable Information

  • 197

  • 197

  • Cash Out, Conventional

  • $525,000

  • $525,000

  • Mar 28, 2025 20:23

Schools

Elementary : Soap Lake Elem N/A Ratings
Middle : Soap Lake Mid & N/A Ratings
High : Soap Lake Mid & N/A Ratings

Map

Listing courtesy of Keller Williams Columbia Basin.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 04, 2025 21:22 | Listing last modified Mar 28, 2025 20:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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