45 Birch Street SW, Soap Lake, WA 98851

$260,000
888
SqFt

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Listing courtesy of RE/MAX, The Collective.

List Price
$260,000
Status
ACTIVE
MLS#
2526529
Price Change
▼ $20,000 1782167209
Days on Market
67
Style
52 - Duplex
Finished SqFt
888
Area Total SqFt
888
Annual Tax Ammount
1534.1
Lot Size (sq ft)
4,996
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-05-23 21:59:17
Community
Soap Lake
Net Operating Income
$18,153
Gross Adjusted Income
$24,696
Gross Scheduled Income
$25,200
Total Monthly Income
$2,100
Insurance Expenses
$1,036
Water/Sewer/Garbage Expenses
$3,672
Gross Rent Multiplier
12.2
Total Expenses
$6,542
Cap Rate
6
Vacancy Rate
2
Total Number of Units
2
Unit Name
45
Potential Terms
Conventional, FHA, State Bond
Year Built
1950
View
City, Territorial
Roof
Metal
Site Features
Patio, RV Parking
Other Expenses
300
Energy Source
Electric
School District
Soap Lake
Total Monthly Income
$2,100
Gross Scheduled Income
$25,200
Vacancy Rate
2
Gross Adjusted Income
$24,696
Tax Year
2026
Insurance Expense
$1,036
W/S/G Expenses
$3,672
Total Expenses
$6,542
Net Operating Income
$18,153
Gross Rent Multiplier
12.2
Cap Rate
6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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