316 S Granite Avenue, Granite Falls, WA 98252

Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: celine williams
Office: realty one group orca
MLS#:2470051
Source:NWMLS
316 S Granite Avenue,Granite Falls, WA 98252
$1,215,000
  • - Beds
  • - Baths
  • 2,261 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,215,000
  • Price per sq. ft.:$537.37

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:January 21, 2026 at 09:59 PM

Rooms and interior

  • 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

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:$1,215,000
  • Price per sq. ft.:$537.37
  • Tax amount:$6,362 (2025)
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