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    Soap Lake, WA
    Multifamily

    Soap Lake, WA Multifamily Properties for Sale

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    Adco, WA Ephrata, WA Moses Lake, WA Wheeler, WA Coulee City, WA Wilson Creek, WA Quincy, WA Waterville, WA
    Soap Lake Waterfront Income Property
    Updated: Feb 15, 2024
    Soap Lake Waterfront Income Property

    21058 Highway 17, Soap Lake, WA 98851

    $1,500,000
    4,091 sqft
    Soap Lake Waterfront Property with Private Boat Launch
    Multiple Income‑Generating Units: Two 2‑Bedroom Houses and Three 1‑Bedroom/Studio Duplexes
    Potential for Expansion: Ability to Add More Units and RV Spots
    Four RV Spots (50') with Water/Sewer/Power Hookups
    Domestic Water Right (1cuf/s) for Hot Springs/Cold Plunges
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    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    Large-Format Duplex Residence
    Large-Format Duplex Residence

    921 Ted Yao Way, Moses Lake, WA 98837

    $595,000
    3,184 sqft

    Turnkey duplex with two separate units, each offering 4 bedrooms, in-unit laundry hookups, and an attached 2-car garage.

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    Moses Lake Multifamily Property
    Moses Lake Multifamily Property

    930 W Ted Yao Wy, Moses Lake, WA 98837

    $595,000
    3,184 sqft

    Multifamily property in Moses Lake, Washington, totaling 3,184 square feet.

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    Mixed-Use Income Building
    Mixed-Use Income Building

    109 N Main Street, Kittitas, WA 98934

    $748,000

    Historic building with three short-term rental units, main-floor retail space, and flexible backyard staging or RV rental use.

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    Established 14-Unit Trailer Park
    Established 14-Unit Trailer Park

    104 6TH, Kittitas, WA 98934

    $890,000

    For sale trailer park with 14 units in Kittitas, Washington, where tenants pay their own utilities.

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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.

    Secluded RV Lot with Mountain Views
    Secluded RV Lot with Mountain Views

    1769 Naches Wenas Road, Unit 12, Selah, WA 98942

    $164,000
    0.12 AC lot

    Private RV lot with full hookups and resort amenities.

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    Naches RV Resort Bluff-Top Lot
    Naches RV Resort Bluff-Top Lot

    62-1769 Naches Wenas Rd, Selah, WA 98942

    $110,000

    Bluff-top RV lot with full hookups and resort amenities.

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    Hauser, ID Land with Views
    Hauser, ID Land with Views

    16154 N Smith Ave, Hauser, ID 83854

    $495,000
    1,232 sqft 5.00 AC lot

    5-acre property with Hauser Lake views, ready for your dream home.

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    Waterfront Timbered Acreage Lot
    Waterfront Timbered Acreage Lot

    1901 Pines Rd, Newport, WA 99156

    $115,000
    10.13 AC lot

    Timbered 10.13-acre lot with power installed and fiber conduit in place, offering views of the Little Spokane River.

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    Soap Lake, WA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Soap Lake, WA on our real estate platform. These investment opportunities span a total of 4,091 square feet of properties for sale, with an estimated market value of $2,469,000.

    Sale prices for multifamily properties in Soap Lake, WA start at $969,000, averaging $1,234,500, and reaching up to $1,500,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Mobile home & RV parks 1
    Short term rental properties 1

    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 $1.3M

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