119 N Indiana Avenue, Granite Falls, WA 98252
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: toby l. barnett, mickie lee barnett
Office: kw north sound
MLS#:2492468
Source:NWMLS
119 N Indiana Avenue,Granite Falls, WA 98252
$1,250,000
- - Beds
- - Baths
- 3,655 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,250,000
- Price per sq. ft.:$342
- Monthly HOA dues:$252
About this home
Excellent Investment Opportunity in Downtown Granite Falls! Located in the desirable Pilchuck Village community, this fully leased tri-plex offers a strong addition to any investment portfolio. With consistent occupancy and stable rental history, this property provides immediate income potential in a growing market. Each unit features a functional and appealing layout with an open-concept main floor that includes the kitchen, dining area, living space, laundry, and a convenient half bath. Upstairs, tenants enjoy a built-in desk area ideal for home office, schoolwork, or hobbies, along with a spacious primary bedroom with ensuite bath and two additional bedrooms and bath. The property has a new roof, and HOA dues help protect your investment by covering exterior maintenance such as paint, siding, landscaping, pest control, and gutters, helping reduce long-term ownership responsibilities. Each unit includes a single-car garage plus an additional parking space, with guest parking available for visitors. With its convenient downtown Granite Falls location, strong tenant appeal, and low exterior maintenance requirements, this property presents an excellent long-term hold opportunity. It may also be a great fit for investors completing a 1031 exchange from a single-family rental into multifamily, and it qualifies for DSCR financing with 25% down....
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Home facts
- Year built:2008
- Listing ID #:2492468
- Updated:March 15, 2026 at 08:58 PM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl Floor
- Living area:3,655 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2008
- Building area:3,655 sq. ft.
- Lot area:1.05 Acres
- Lot Features:Corner, Dead-end Street, Paved
- Construction Materials:Cement Planked
- Exterior Features:Fenced-Fully, Patio
Schools
- High school:Granite Falls High
- Middle school:Granite Falls Mid
- Elementary school:Monte Cristo Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$342
- Tax amount:$9,274 (2025)
Features and amenities
- Amenities:High Speed Internet
Parking
- Garage:Yes
- Garage spaces:3
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