Multifamily

Soap Lake, WA Multifamily Properties for Sale

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Adco, WA Ephrata, WA Moses Lake, WA Quincy, WA Wheeler, WA Coulee City, WA Palisades, WA Wilson Creek, WA
Soap Lake Waterfront Multifamily Opportunity
Updated: Jan 29, 2025
Soap Lake Waterfront Multifamily Opportunity

21058 State 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 Waterfront 1‑Bedroom/Studio Duplexes
Development Potential: Ability to Add More Units and RV Spots
Four RV Spots with Water/Sewer/Power Hookups**
Domestic Water Right (1 cuf/s) Suitable for Hot Springs/Cold Plunges
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Four-Cottage Short-Term Rental Property
Updated: Apr 10
Four-Cottage Short-Term Rental Property

30 Cherry St S, Soap Lake, WA

$325,000
Four individual cottages on one property
Each cottage includes a kitchenette, bathroom, and living area
200ft/2 storage shed included
Near the shores of Soap Lake
Close to downtown restaurants and shopping
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Studio Units Investment Opportunity
Studio Units Investment Opportunity

68 Hwy 28, Soap Lake, WA 98851

$969,000

Investment opportunity featuring 14 studio units with rental storage.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Soap Lake, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Rented Duplex with Garages
Rented Duplex with Garages

726 Frey Rd NW, Ephrata, WA 98823

$345,000
1,755 sqft

Two occupied units offer separate layouts, individual garages, and additional parking.

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Rented Two-Unit Duplex
Rented Two-Unit Duplex

716 Frey Rd NW #18, Ephrata, WA 98823

$345,000
1,512 sqft

Built in 1995 with individual garages and additional parking.

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Moses Lake Multifamily Property
Moses Lake Multifamily Property

930 W Ted Yao Wy, Moses Lake, WA 98837

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3,184 sqft

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

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Multifamily Property with Two Units
Multifamily Property with Two Units

920 W Ted Yao Way, Moses Lake, WA 98837

Contact for pricing
3,184 sqft

Two-unit multifamily property available for sale.

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Soap Lake, WA Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Soap Lake, WA, showcased through 3 active listings 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 $2,794,000.

Sale prices for multifamily properties in Soap Lake, WA start at $325,000, averaging $931,333, 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
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 $1.2M

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