Soap Lake, WA Residential income properties for sale

Updated: May 13, 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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Updated: Apr 10

Four-Cottage Short-Term Rental Property

30 Cherry St S, Soap Lake, WA

$299,000

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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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 2 Active listings in Soap Lake, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Rented Duplex with Garages

726 Frey Rd NW, Ephrata, WA 98823

$339,000

1,755 sqft

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

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Multifamily Property with Two Units

920 W Ted Yao Way, Moses Lake, WA 98837

$175,000

3,184 sqft

Two-unit multifamily property available for sale.

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Rented Two-Unit Duplex

716 Frey Rd NW #18, Ephrata, WA 98823

$339,000

1,512 sqft

Built in 1995 with individual garages and additional parking.

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Large-Format Duplex Residence

921 West Ted Yao Way, Moses Lake, WA 98837

$595,000

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

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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

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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Soap Lake, WA Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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 $1,799,000.

Sale prices for residential income properties in Soap Lake, WA start at $299,000, averaging $899,500, 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.

Neighborhood	Average Price
98851	$1.2M

Neighborhood

Average Price

98851

$1.2M