Property Details

45 Birch Street SW
Soap Lake, WA 98851
$260,000
MLS# 2526529 courtesy of NWMLS Listing firm: RE/MAX, The Collective

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45 Birch Street SW, Soap Lake, WA 98851, Soap Lake

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45 Birch Street SW, Soap Lake, WA 98851, Soap Lake

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Multi-Family
Property Type
888
Bldg Sq Ft
2
Units
6.00%
Cap Rate
1950
Year Built

Property Overview

VAULE ADDED HOME OR INVESTMENT PROPERTY!!!! THIS HOME FEATURES A REMODELED ADU!! The main home features 2 bedrooms + 1 bath and plenty of off-street parking. The second has a remodeled 1 bed 1 bath. This is a great property with lot of flexibility to generate income!!!This would make an excellent opportunity for a start-up investor. Call to set up your appointment today. Would make a great short-term rental.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grant
Neighborhood Soap Lake
Listed May 23, 2026
Original Price $309,000
Structure Type Duplex
Parcel Number 080201000

Tax & HOA

Annual Property Tax $1,534 (2026)
Est. Monthly Tax $128/mo

Financial Summary

Cap Rate 6.00%
Net Operating Income $18,153
Gross Scheduled Income $25,200
Gross Rent Multiplier 12.20
Total Expenses $6,542
Vacancy Rate 2.0%

Building & Use

Building Sq Ft 888
Leasable Area 1,300 sqft
Total Units 2
Zoning Residential
Possible Use Residential
Lot Size 4,996 sqft
Year Built 1950

Exterior & Lot

Lot Size 0.11 sqft
Year Built 1950
Exterior Materials Wood
Parking RV Parking
Sewer Sewer Connected
Water Source Public
Lot Features Paved
Exterior Features Wood Products

Community & Access

Directions From Hwy 17 and Hwy 28. Head north on Hwy 17. Left on 2nd Ave. Right on Birch. Home is on the left

Location

City Soap Lake
County Grant
Coordinates 47.38780, -119.49305

Additional Information

Tax Year 2026
Annual Taxes $1,534
Possession Array
Listed By
Doug Robins
RE/MAX, The Collective

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