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$485,000

  • Sold
  • Closed
  • Multi-Family

Listed by Kim Randolph Meaney | Keller Williams Columbia Basin | (509) 204-7360
Sold by Ben Sellen | eXp Realty

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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.

Full Property Details for 11 E Main St

General

  • Sold For: $485,000
  • Taxes: $1,181 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2288749
  • Added to Site: 491 day(s) ago

Parking

  • Uncovered Spaces: 12

Location

  • Area: 291 - North Central Grant County
  • County: Grant
  • Subdivision: Soap Lake
  • Driving Directions: Corner of Main and Division in Soap Lake, WA

School Information

  • High School District: Soap Lake
  • Elementary School: Soap Lake Elem
  • Middle School: Soap Lake Mid & High
  • High School: Soap Lake Mid & High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Insert
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Community

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • Stories in Building: 2
  • Square Feet: 1,820
  • Year Built: 1940
  • Property Condition: Good

Unit Information

  • Units in Building: 6

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.2899
  • Lot Size (Sq. Ft.): 12,629
  • Lot Size Source: Grant County Assessor
  • Lot Features: Corner Lot, Paved, Sidewalk
  • Zoning: Commercial, Multi-Family, Residential, Retail

Financial Considerations

  • Tax Amount: $1,181
  • Tax Year: 2024
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 80388000

Listed by Kim Randolph Meaney | Keller Williams Columbia Basin | (509) 204-7360
Sold by Ben Sellen | eXp Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 11 E Main St

Date
Details
Price
Change
Source
8/01/2025
Sold
$485,000
-2.99%
MLS
3/21/2025
Price Reduced
$499,950
-4.77%
MLS
9/12/2024
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Kim Randolph Meaney | Keller Williams Columbia Basin | (509) 204-7360
Sold by Ben Sellen | eXp Realty

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11 E Main Street, Soap Lake, WA 98851 (MLS# 2288749) is a Multi-Family property that was sold at $485,000 on August 01, 2025. Want to learn more about 11 E Main Street? Do you have questions about finding other Multi-Family real estate for sale in Soap Lake? You can browse all Soap Lake real estate or contact a Coldwell Banker agent to request more information.