40 Cherry Street S, Soap Lake, WA 98851

$298,000
  • 40 Cherry Street S, Soap Lake, WA 98851 Main Photo

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Active Price Reduced by $1,000 on July 27th, 2026

Listing Courtesy of: Keller Williams Columbia Basin
Agency Phone: 509-458-4000
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BEDS4 BATHS2 full 1 partial SQUARE FEET2,323 MLS#2554379
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSoap Lake SCHOOLSoap Lake

Listing Courtesy of: Keller Williams Columbia Basin
Agency Phone: 509-458-4000
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Property Description

Unrivaled Investment Opportunity near the legendary Soap Lake! Famous worldwide for its mineral-rich, healing waters and rejuvenating muds, Soap Lake draws visitors seeking wellness and relaxation year-round?making this property to be potential goldmine for short-term rentals, Airbnbs, or multi-family leasing.Zoned R2 for multiple dwellings, this 8,999 sq ft property is ready to maximize your ROI. The main home boasts a spacious living room with a wall of windows & cathedral ceilings, brand-new carpet, alongside a chefs kitchen with double wall ovens, abundant cabinet space. Retreat to the primary suite, complete with a private balcony, walk-in closet, and a jetted bathtub. The basement adds value with newly installed egress windows for the 2 bedrooms + flexible bonus spaces, larger 2-car garage with built-in workbenches.The Expansion Potential: ? An existing 864 sq ft building shell is already plumbed and framed, ready to be converted into an income-generating unit. ? Room to build 1 to 2 additional units on the lot. ? Peace of mind with a brand-new water line from the street to the house.Located just moments from local schools and the therapeutic beaches of Soap Lake, this property perfectly blends high-yield investment potential with the draw of a historic wellness destination. Schedule your tour today and cash in on the magic of Soap Lake!

40 Cherry Street S | MLS# 2554379

This single family home located at 40 Cherry Street S, Soap Lake, WA 98851 is currently listed for sale with an asking price of $298,000. This property was built in 1994 and has 4 bedrooms and 2 full and 1 partial baths with 2323 sq. ft. Cherry Street S is located in the Soap Lake subdivision within the Soap Lake school district. Search Soap Lake real estate on www.cbmoseslake.com today.

Property Features

Property Type: Residential - Single Family
Basement: Finished
Basement: Yes
Home Style: Traditional
Lot Size: 0.20 Acres
Roof Type: Metal
Stories: 1.5
Taxes: $1,961
Year Built: 1994

Feature Descriptions

Appliances: Dishwasher, Double Oven, Refrigerator, Stove(s)/Range(s)
Baths Full: 2
Baths Half: 1
Building: Built On Lot
Days on Site: 13
Exterior: Wood Products
Interior: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Lot: Alley, Paved
Lot Dimensions: 102X87
Parcel#: 8271
Parking: Attached Garage
Sewer: Sewer Connected
Special View Info: Territorial
SQ FT Finished: 2323
Structure Type: House
Topography: Level
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Keller Williams Columbia Basin
Agency Phone: 509-458-4000

Shown By

Agency Title: Coldwell Banker Tomlinson Ranch & Home
Agency Phone: (509) 766-0300

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Estimate Your Payment

Estimated Payment

$ 913.55 per month $663.22 Principal & Interest $163.42 Property Tax $86.92 Homeowner's Insurance

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