This listing courtesy of Celine Williams , Realty One Group Orca
$1,215,000

316 S Granite Avenue, Granite Falls, WA 98252

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1934
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 25 days 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:
February 14, 2026 at 7:20AM
Listing Office:
Realty One Group Orca : 360-363-4803
Listing Agent:
Celine Williams : 360-363-4803
MLS ID:
2470051
  • Flooring: HardwoodLaminateVinyl Plank
  • A/C: None
  • Heating: Wall Unit(s)
  • Fireplace: Fireplaces: 0
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mountain Way Elementary School

702 N Granite Ave, Granite Falls, WA, 98252

Grades KG-2

0.66 miles away

G

Granite Falls Middle School

405 N Alder Ave, Granite Falls, WA, 98252

Grades 6-8

0.59 miles away

G

Granite Falls Open Doors

205 N Alder Ave, Granite Falls, WA, 98252

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
Presented by Veterans United Realty