Sold

Listed by: Keller Williams Columbia Basin • Kim A. Randolph-Meaney

Bought with: eXp Realty

$485,000

11 E Main Street, Soap Lake, WA 98851

--beds

--baths

1,820sqft

Multi Family

Built in 1940

-- sqft lot

$494,400 Zestimate^®

$266/sqft

$1,188 Estimated rent

Home value

$494,400

$425,000 - $574,000

$1,188/mo

Zestimate^® history

Owner options

List your home for rent

$1,188/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,188/mo

Rent Zestimate^®

Refinance and save

$2,447/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$2,447/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Corner location

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.

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
Architectural style: 5-9 Units
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 & HOA

Community

Subdivision: Soap Lake

Location

Region: Soap Lake

Financial & listing details

Price per square foot: $266/sqft
Annual tax amount: $1,181
Date on market: 10/27/2024
Cumulative days on market: 633 days
Listing terms: Conventional

Price history

Date	Event	Price
8/1/2025	Sold	$485,000-3%$266/sqft
Source: NWMLS as distributed by MLS GRID #2288749 Report a problem
7/17/2025	Pending sale	$499,950$275/sqft
Source: NWMLS as distributed by MLS GRID #2288749 Report a problem
3/21/2025	Price change	$499,950-4.8%$275/sqft
Source: NWMLS as distributed by MLS GRID #2288749 Report a problem
9/13/2024	Listed for sale	$525,000$288/sqft
Source: NWMLS as distributed by MLS GRID #2288749 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 98851

Nearby homes

Nearby schools

GreatSchools rating

3/10
Soap Lake Elementary School
Grades: PK-6Distance: 0.4 mi
2/10
Soap Lake Middle & High School
Grades: 7-12Distance: 0.4 mi

Schools provided by the listing agent

Elementary: Soap Lake Elem
Middle: Soap Lake Mid & High
High: Soap Lake Mid & High

Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.