#2261693, Staci Faw, Listing Office: WindermereRE/Central Basin LLC

11 E Main St Soap Lake, WA 98851
Property details
About 11 E Main St
Did you know you can get a loan based on rent income, not your income - DSCR Loans. This propertys 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.
Highlights
Summary
- MLS Number: 2288749
- MLS Name: NWMLS
- Office Name: Keller Williams Columbia Basin
- Office Phone: (509) 204-7360
- Listing Agent: Kim Randolph Meaney
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 3/10/2025, 9:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
11 E Main St
$6,234
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Soap Lake Elementary School
Public District PK-5
0.4 mi
•410 Ginkgo St S
3
Grant Elementary School
Public District PK-4
5.3 mi
•451 3rd Ave NW
4
Columbia Ridge Elementary School
Public District KG-4
5.5 mi
•60 H St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,662. Residents of Soap Lake, WA typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 11 E Main St
This home is located at 11 E Main St in Soap Lake, WA and zip code 98851. This 1,820 square foot home, which was built in 1940, sits on a 0.29 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $525,000.
Soap Lake, WA housing market in February 2025 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below. The number of homes for sale in Soap Lake, WA decreased by 4.8% between January and February 2025. In February 2025 median list price was $314,000 and the average listing age was 15 days.