111 N Elder $255,000


    111 N Elder Soap Lake, WA 98851

    • 0 Beds
    • 0 Baths
    • 1,636 sq.ft.
    • Multi-Family
    Listing# 1490177 | Active


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    Days On Market: 69 1 Views
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    Property Details

    3 fully furnished, updated & rented homes, incl linens, dishes, accessories, etc. 2 studio cabins w/beautiful floors & a 1 bed cabin w/sun room, fireplace & partially enclosed carport. Lots of parking, room for RV. Each has its own pergola, porch area & all share a beautiful shaded courtyard & laundry rm. Owner has used it for long term & short term rentals incl traveling nurses & Airbnb. A lot of love, time & money has gone into this property, making it a perfect investment/vacation property.

    • General Features
      • County Grant
      • Style 53-Tri-plex
      • Number of Stories 1
      • Number of Units 3
      • Year Built 1930
      • Lot Details Alley, Corner Lot, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 8,747
      • Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking
      • View Territorial
      • County Grant
    • Building Features
      • Approx SqFt 1,636
      • Roof Compostion
      • Exterior Brick, Stucco, Wood Products
      • Amenities Basement, Storage
      • Floor Covering Hardwood, Laminate Hardwood, Vinyl
    • Financials
      • Total Monthly Income $2,075
      • Net Operating Income $14,677
      • Gross Scheduled Income $24,900
      • Gross Adjusted Income $24,651
      • Total Expenses $9,974
      • Other Expenses $4,053
      • Insurance Expenses $1,067
      • Expenses $9,974
      • Heating Expenses $0
      • Electrical Expenses $1,247
      • Gross Rent Multiplier 11
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $918
      • Energy Source Electric
      • Heating and Cooling Ductless HP MiniSplit
      • Water Company City of Soap Lake
      • Sewer Company Sewer Connected
    • Schools
      • School District Soap Lake
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify



    98851 (Soap Lake) Demographics

    53Median Age
    25Population Density (per sq. mile)
    28%College Educated
    $35,490 Estimated Median Income
    1,250Estimated Total Home Owners
    502Estimated Total Renters
    71% / 29%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    3,904Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $197,500 Median Sales Price
    8 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $255,000
        8/26/2019 1:31:24 PM Price Reduced Source New Value: $255,000 -3.77%
        7/15/2019 3:41:00 AM New in Database Source New Value: $265,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.