68 W State Highway 28, Soap Lake, WA 98851

Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: jay p. kincaid
Office: windermere re k-2 realty
MLS#:2495457
Source:NWMLS
68 W State Highway 28,Soap Lake, WA 98851
$1,099,000
  • - Beds
  • - Baths
  • 6,192 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,099,000
  • Price per sq. ft.:$177.49

About this home

Located between Ephrata and Soap Lake, this exceptional investment opportunity features 14 studio units between $700-$875 per month, along with an additional rental storage space 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 is situated along the southern shore of its namesake lake, and 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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Home facts

  • Year built:1947
  • Listing ID #:2495457
  • Updated:March 26, 2026 at 07:43 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:6,192 sq. ft.

Heating and cooling

  • Heating:Radiators

Structure and exterior

  • Roof:Composition
  • Year built:1947
  • Building area:6,192 sq. ft.
  • Lot area:0.69 Acres
  • Lot Features:Paved
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Water:Community
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,099,000
  • Price per sq. ft.:$177.49
  • Tax amount:$1,865 (2026)

Features and amenities

  • Amenities:Cable TV, High Speed Internet
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