Skip main navigation
Sold
  • Listed by: 

    Kim Randolph Meaney,

    Keller Williams Columbia Basin

    $485,000

    11 E Main Street, Soap Lake, WA 98851

    --beds
    --baths
    1,820sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $485,000 Zestimate®
    $266/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 04:33pm

    Listed by:

    Kim Randolph Meaney,

    Keller Williams Columbia Basin

    Bought with:

    Ben Sellen, 129465

    eXp Realty

    Source: NWMLS,MLS#: 2288749MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • Insert
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,820
    • Total interior livable area: 1,820 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Open
    • Uncovered spaces: 12
    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 0.29 Acres
    • Features: Corner Lot, Paved, Sidewalk
    Details
    • Parcel number: 080388000
    • Zoning description: Commercial,Multi-Family,Residential,Retail,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition,Metal
    Condition
    • Good
    • Year built: 1940
    • Major remodel year: 2000

    Utilities & green energy

    • Electric: Company: Grant County PUD
    • Sewer: Sewer Connected, Company: City of Soap Lake
    • Water: Community, Company: City of Soap Lake

    Community & neighborhood

    Location
    • Region: Soap Lake
    • Subdivision: Soap Lake

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 309 days
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.