68 W State Highway 28

Soap Lake, WA 98851

  • Bed

  • Bath

  • 6192 SqFt

  • 1 DOM

  • Built: 1947

  • Status: Active

$1,099,000

X

68 W State Highway 28

Soap Lake 98851

$1099000

  • Bed

  • Bath

  • 6192 SqFt

  • 1 DOM

  • Built: 1947

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 6192

  • Composition

  • 56 - 10+ Units

  • 1947

  • Concrete Ribbon

  • Storage

Features and Utilities

  • Wood Products

  • Community

  • Septic Tank

  • 0

Financial

  • 1865

  • Cash, Conventional

  • 03-23-2026

Comparable Information

  • 1

  • 1

  • Cash, Conventional

  • $1,099,000

  • $1,099,000

  • Mar 23, 2026 20:38

Schools

Map

Listing courtesy of Windermere RE K-2 Realty.

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 © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Mar 24, 2026 08:49 | Listing last modified Mar 23, 2026 20:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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