316 S Granite Avenue, Granite Falls, WA 98252
Local realty services provided by:Better Homes and Gardens Real Estate Macy & Co.
Listed by: celine williams
Office: realty one group orca
MLS#:2470051
Source:NWMLS
316 S Granite Avenue,Granite Falls, WA 98252
$1,049,000
- - Beds
- - Baths
- 2,261 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,049,000
- Price per sq. ft.:$463.95
About this home
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.
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Home facts
- Year built:1934
- Listing ID #:2470051
- Updated:March 09, 2026 at 11:00 PM
Rooms and interior
- Flooring:Hardwood, Laminate, Vinyl Plank
- Living area:2,261 sq. ft.
Heating and cooling
- Heating:Wall Unit(s)
Structure and exterior
- Roof:Composition
- Year built:1934
- Building area:2,261 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Corner, Curbed Lot, Paved, Sidewalk
- Construction Materials:Metal/Vinyl Exterior Finish
- Exterior Features:Fenced-Fully, Patio
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,049,000
- Price per sq. ft.:$463.95
- Tax amount:$6,362 (2025)
Features and amenities
- Amenities:Cable TV
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