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40 Cherry Street S

Soap Lake, WA 98851
  • $279,000
  • STATUS: Active
  • MLS #: 2554379
Price Reduced
UPDATED: 51 min ago
$279,000
  • 4
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,323
    SQFT
  • $120
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1994
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Keller Williams Columbia Basin.
Mortgage Calculator is provided by BoomTown.

Description

MOTIVATED SELLER. 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 chef’s 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!

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MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-08-14T17:17:44.167. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-08-14T17:17:44.167. 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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40 Cherry Street S Soap Lake, WA 98851

  • Price: $279,000
  • Status: Active
  • On Site: Days
  • Updated: 51 min ago
  • MLS #: 2554379
4
Beds
2
Baths
1
½ Baths
0.2
Acres
2,323
SQFT
$120
$/SQFT
1994
Built
Neighborhood:
Soap Lake
County:
Grant
Area:
291 - North Central Grant County
Elementary School:
Soap Lake Elem
Middle School:
Soap Lake Mid & High
High School:
Soap Lake Mid & High
School District:
Soap Lake
Property Description
MOTIVATED SELLER. 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 chef’s 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!
Exterior Features

Architectural Style Traditional Attached Garage YN Yes Carport YN No Covered Spaces 2 Entry Location Main Exterior Features Wood Products Garage YN Yes Levels One and One Half Lot Features AlleyPaved Lot Size Dimensions 102X87 Open Parking YN No Parking Features Attached Garage Parking Total 10 Roof Metal Structure Type House Style Code 11 - 1 1/2 Story Topography Level View Territorial View YN Yes Waterfront YN No

Interior Features

Appliances DishwasherDouble OvenRefrigeratorStove(s)/Range(s) Appliances Included Dishwasher(s)Double OvenRefrigerator(s)Stove(s)/Range(s) Basement Finished Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 1 Baths Full Upper 1 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 1 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 0 Baths Three Quarter Upper 0 Bedrooms Lower 2 Bedrooms Upper 1 Building Area Total 2323 Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring ConcreteVinylCarpet Heating Forced AirHeat Pump Heating YN Yes Interior Features Bath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowDining RoomFrench DoorsVaulted Ceiling(s)Walk-In Closet(s)Water Heater Living Area 2323 Main Level Bedrooms 1 Rooms Bonus Room (Lower Level) Den/Office (Lower Level) Dining Room (Main Level) Entry Hall (Main Level) Kitchen With Eating Space (Main Level) Living Room (Main Level) Primary Bedroom (Second Level) Utility Room (Main Level) Bathroom Full (Second Level) Bathroom Full (Main Level) Bathroom Half (Main Level) Bedroom (Lower Level) Bedroom (Lower Level) Bedroom (Main Level) Square Footage Finished 2323 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Building Information Built On Lot Building Name Cottage City Direction Faces West Down Payment Resource YN Yes Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Inclusions Dishwasher(s)Double OvenRefrigerator(s)Stove(s)/Range(s) Irrigation Water Rights YN No Land Lease YN No Listing Terms CashConventionalFHAUSDA LoanVA Loan Lot Number Lot 17 & South 40 feet of Lot 18 New Construction YN No Possession Closing Power Company Grant County PUD Power Production Type Electric Property Condition Average Property Sub Type Single Family Residence Senior Community YN No Senior Exemption No Sewer Sewer Connected Sewer Company City of Soap Lake Short Term Rental YN No Special Listing Conditions None Tax Annual Amount 1961 Tax Year 2026 Water Company City of Soap Lake Water Heater Location Basement Water Heater Type Electric Water Source Public Year Built Effective 1994 Zoning Jurisdiction City

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-08-14T17:17:44.167. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-08-14T17:17:44.167. 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.

Digital Millennium Copyright Act
 
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Logo
Keller Williams Tri-Cities
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Keller Williams Columbia Basin.
Mortgage Calculator is provided by BoomTown.