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.
Listing Provided Courtesy of Jay P. Kincaid, Windermere RE K-2 Realty
General Information
NWM2495457
Multi Family
15
DOM
0.69 acres
6192
1947
Multi-F
Grant
Residential Incom
Multi Family
Listing Provided Courtesy of Jay P. Kincaid, Windermere RE K-2 Realty
Krishna Realty data last checked: Apr 13, 2026 06:54 | Listing last modified Apr 07, 2026 17:42,
Source:
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.