Apartment Building

Soap Lake, WA Apartment Buildings for Sale

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Adco, WA Ephrata, WA Moses Lake, WA Coulee City, WA Wheeler, WA Wilson Creek, WA Quincy, WA Waterville, WA
Studio Units Investment Opportunity
Updated: Mar 25
Studio Units Investment Opportunity

68 Hwy 28, Soap Lake, WA 98851

$969,000
Strong rental income from 14 studio units and additional storage space.
All utilities included in rent, increasing tenant appeal.
Located in Soap Lake, a tourist destination known for mineral‑rich waters.
High rental demand due to tourism and long‑term residents.
Exterior repainted in 2025.
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Remodeled Studio Apartment Building
Updated: Apr 11
Remodeled Studio Apartment Building

322 Daisy St S, Soap Lake, WA 98851

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12 recently remodeled studio apartments in Soap Lake, WA
Newer roof and WSG included with rents
Back fenced area included, plus a 2‑car garage
Fire destroyed 14 other units a couple of years ago; foundation and utilities are in place for rebuilding
2 additional units are ready to finish remodeling
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Soap Lake, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Stabilized 18-Unit Multifamily Investment
Stabilized 18-Unit Multifamily Investment

1011 1013, 1015 S 48th Avenue, Yakima, WA 98908

$2,990,000
15,728 sqft 1.54 AC lot

Stabilized 18-unit complex with 16 apartments and a duplex, currently 100% occupied.

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Newly Constructed Townhome Apartment Building
Newly Constructed Townhome Apartment Building

5101 Powerhouse Rd, Yakima, WA 98908

Contact for pricing
83,628 sqft

2023-built 66-unit townhome community offering spacious 2- and 3-bedroom homes with in-unit laundry and modern HVAC.

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Established 25-Unit Apartment Building
Established 25-Unit Apartment Building

4724 Owens Road NE, Moses Lake, WA 98837

$3,990,000

For sale apartment building established with 25 units.

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6-Unit Residential Income Property
6-Unit Residential Income Property

927 N Paxson Dr, Moses Lake, WA 98837

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Owner-managed 6-unit residential income property with multiple stick-built units and defined tenant rent and utility responsibilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Multi-Family Zoned Lot Near EWU
Multi-Family Zoned Lot Near EWU

7 5th Street, Cheney, WA 99004

$460,000
16,000 sqft 0.37 AC lot

16,000 sq ft multi-family zoned lot near Eastern Washington University.

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Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing
0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure
Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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Soap Lake, WA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Soap Lake, WA on our real estate platform.

Sale prices for two-family homes in Soap Lake, WA average $969,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,996
Population Growth (5Y) +16.3%
Median Household Income $67,009
College Educated 20.4%

High-Yield Neighborhoods for Investment

Identify Soap Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98851 $969K

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