316 S Granite Avenue, Granite Falls, WA 98252
Multi-Family Home 
Built in 1934 
5,227sqft lot
—— car garage 
$——/sqft 
Listed 4 months ago
Property Description
Prime four-plex located in the heart of Downtown Granite Falls. Grandfathered for multi-family use and zoned commercial, offering additional upside potential for future redevelopment or alternate commercial use. Fully stabilized with long-term tenants in place, providing immediate cash flow with upside through rental increases and utility bill-back opportunities. All four units feature efficient 2-bedroom, 1-bath layouts (each under 600 sq ft) and were updated in 2022. The property was completely re-roofed in 2022 with a 30-year roof. Additional features include onsite coin-operated laundry, generous city parking, a fully fenced lot, and five on-site storage units—one dedicated to each unit plus an additional unit for property management. Please do not disturb tenants.
- Listing Status:
- Active
- Data Last Updated:
- May 20, 2026 at 10:19PM
- Listing Office:
- Realty One Group Orca : 360-363-4803
- Listing Agent:
- Celine Williams : 360-363-4803
- MLS ID:
- 2470051
- General: Metal/Vinyl
- Parking: Parking spaces: 0
- Roofing: Composition
- General: 54 - 4-PlexPoured Concrete
- HOA Amenities: 0.0
- Originating MLS: nwmls
- School District: Granite Falls
- County: Snohomish
- Zoning: 00459300900701
- Water: Public
- Sewer: Sewer Connected
- Source: nwmls
This listing courtesy of Celine Williams , Realty One Group Orca
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
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