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Listing courtesy of NWMLS / Keller Williams Columbia Basin

11 E Main Street

Soap Lake, WA 98851

– beds
– baths
1,820 sqft
12,629 sqft lot
$288 per sqft
2000 build

Did you know you can get a loan based on rent income, not your income - DSCR Loans. This property's ratio: 1.38 Discover a Prime Investment Opportunity in the heart of Soap Lake, Wa. This property offers an unique blend of multi-family residential and commercial space and is perfect for investors. This versatile property comprises of one Commercial space, 2 Single Bedroom units, and 3 Studio Apartments; 100% occupancy for numerous years, with commercial tenant approaching 20 years - residential tenants are on month to month basis, but would love to continue tenancy. The property is positioned at the intersection of Division and Main, and enjoys a coveted corner location within walking distance to the beach and parks.

Listing courtesy of NWMLS / Keller Williams Columbia Basin

Last checked: Checking… • Last updated Dec 5, 2024 •

MLS# 2288749 —

The Building

Year Built:

1940
Year Built:

2000
Year Built Source:

See Remarks
New Construction:

false
Structure Type:

Multi Family
Exterior Features:

Wood Products
Roof:

Composition, Metal
Units In Building Total:

6
Foundation Details:

Poured Concrete
# of Units Total:

6
Stories Total:

2
Building Area Total:

1820
Building Area Units:

Square Feet
Calculated SqFt:

1820

Interior

Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.389095
Longitude:

-119.490151
Directions:

Corner of Main and Division in Soap Lake, WA

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Good
Parcel Number:

080388000
Lot Features:

Corner Lot, Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.2899
Lot Size SqFt:

12629
Lot Size Source:

Grant County Assessor
Zoning Class:

Commercial,Multi-Family,Residential,Retail
Zoning Jurisdiction:

City
View:

Lake
View:

true
Waterfront:

false
Possible Use:

Commercial, Multi-Family, Residential, Retail
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1181

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Insert
Heating:

Baseboard

Utilities

Water Company:

City Of Soap Lake
Water Source:

Community
Sewer:

Sewer Connected
Sewer Company:

City Of Soap Lake
Power Company:

Grant County Pud
Water Sewer Garbage:

8916

Schools

Elementary School:

Soap Lake Elem
Middle Or Junior School:

Soap Lake Mid & High
High School:

Soap Lake Mid & High
High School District:

Soap Lake

The Community

Subdivision Name:

Soap Lake
Senior Community:

false
Association:

false

Parking

Parking Total:

12
Parking Uncovered Spaces:

12
Open Parking:

true
Open Parking Spaces:

12
Carport:

false

Listing courtesy of NWMLS / Keller Williams Columbia Basin

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sat Dec 21 2024 09:08 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
9/12/24 Sep 12, 2024	Listed / Active	NWMLS	$525,000

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This multifamily located in Soap Lake, WA 98851 is currently for sale for $525,000. 11 E Main Street is a 1,820 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Soap Lake Middle High School, Smokiam Alternative High School, and Soap Lake Elementary School.

Listing courtesy of NWMLS / Keller Williams Columbia Basin

Disclaimer: The information contained in this listing has not been verified by Keller Williams Columbia Basin and should be verified by the buyer.