Located between Ephrata and Soap Lake, this exceptional investment opportunity features 14 studio units along with an additional rental storage space. The property includes 10 units renting at $725 per month, 4 units at $775 per month, and a storage unit 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, situated along the southern shore of its namesake lake, 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
1
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: Mar 24, 2026 04:35 | Listing last modified Mar 23, 2026 20:38,
Source:
Located between Ephrata and Soap Lake, this exceptional investment opportunity features 14 studio units along with an additional rental storage space. The property includes 10 units renting at $725 per month, 4 units at $775 per month, and a storage unit 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, situated along the southern shore of its namesake lake, 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.
