Residential Income

Soap Lake, WA Residential Income Properties 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
Soap Lake Waterfront Multifamily Opportunity
Updated: Nov 24, 2025
Soap Lake Waterfront Multifamily Opportunity

21058 N Highway 17, Soap Lake, WA 98851

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4,091 sqft 4.28 AC lot
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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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
Remodeled Studio Apartment Building

322 Daisy St S, Soap Lake, WA 98851

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Multifamily property with 12 recently remodeled studio units, newer roof, and additional fenced lot with two-car garage.

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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 11 Potential Opportunities for your consideration. Besides 3 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.

5-Unit Apartment Building
5-Unit Apartment Building

330 Roosevelt Ave, Wenatchee, WA 98801

$700,000

Four units have been remodeled, with tenant-paid utilities, on-site parking, and coin-operated laundry.

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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

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3,184 sqft

Two-unit multifamily property available for sale.

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Updated 4-Unit Quadplex
Updated 4-Unit Quadplex

710 Monroe St, Wenatchee, WA 98801

$697,500

Individually metered utilities support straightforward expense allocation and property management.

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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.

Private 2-Acre Lot with Rights
Private 2-Acre Lot with Rights

8 Rd M Ne Moses Lake Northeast, Moses Lake, WA 98837

$120,000
2.00 AC lot

Two-acre lot with water rights, suitable for residential use.

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Badger Mountain Land with Views
Badger Mountain Land with Views

110 Bluebird Ln, East Wenatchee, WA 98802

$169,950
15.00 AC lot

Two parcels totaling 15+ acres with panoramic views.

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Grant Road Double Parcel Opportunity
Grant Road Double Parcel Opportunity

1981 Grant Road, East Wenatchee, WA 98802

$579,900

Double parcel zoned for high-density residential development.

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Chelan Vacant Land For Sale
Chelan Vacant Land For Sale

325 West Highland Avenue, Chelan, WA 98816

$900,000
0.53 AC lot

Vacant land zoned for tourist accommodation near Lake Chelan.

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Soap Lake, WA Residential Income Properties Market Trends and Statistics

Explore 3 residential income 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 $969,000.

Sale prices for residential income properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Apartment buildings 2
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 $969K

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