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Property view

68 W State Highway 28, 
Soap Lake, WA 98851

$850,000


Bed


Bath


6,192

Sq Ft


Multi-Family

Sold

Listed by

Jay P. Kincaid

Bought with Windermere RE K-2 Realty

Windermere Re K-2 Realty

MLS#

2495457

Source:

NWMLS

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About This Home

68 W State Highway 28

Located between Ephrata and Soap Lake, this exceptional investment opportunity features 14 studio units between $700-$875 per month, along with an additional rental storage space generating $200 per month. Exterior of the property was repainted in 2025. Tenants enjoy the convenience of all utilities included—water, garbage, and power—making these units highly attractive and easy to maintain. Soap Lake is situated along the southern shore of its namesake lake, and has long been known as a tourist destination, drawing visitors for its unique, mineral-rich waters and their reputed healing properties. This steady influx of visitors and long-term residents alike supports strong rental demand in the area.

Home Facts

Multi-Family

Built in 1947

Subdivision & Development:

Soap Lake

Price Summary

969,000

$156 per Sq. Ft.

MLS #:

2495457

Sold:

July 10, 2026


Rooms & Interior

Interior

Living Area:

6,192 Sq. Ft.


Structure

Structure

Building Area:

6,192 Sq. Ft.

Year Built:

1947


Lot

Lot Size (Sq. Ft):

30,000


Finances & Disclosures

Finances

Price:

$969,000

Price per Sq. Ft:

$156 per Sq. Ft.

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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 24, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.