316 S Granite Avenue, Granite Falls, Washington 98252

WA, Granite Falls
$1,049,000
  • 2,261 Sqft
  • Residential Income Property Type
  • 1934 Year Built
  • Pending Status
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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2470051
  • Price: $1,049,000
  • Square Footage: 2,261 Sqft
  • Year Built: 1934
  • Lot Area: 0.12 Acre
  • Status: Pending
  • Office Name: Realty One Group Orca
  • Agent Name: Celine Williams
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Wall Furnace
  • Cooling System None
  • Exterior Features Metal/Vinyl
  • Flooring Hardwood, Vinyl Plank, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Granite Falls
  • Zipcode 98252
  • Street: Granite
  • Street Number: 316
  • Street Suffix: Avenue
  • Longitude: W122° 1' 49.7''
  • Latitude: N48° 4' 48.2''
  • Directions: GPS Friendly
  • Mls Area Major: 760 - Northeast Snohomish?
  • Street Dir Prefix: S
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Granite Falls
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Stories Total: 1
  • On Market Date: 2026-01-20
  • Number Of Units Total: 4
  • Lot Features: Paved, Curbs, Sidewalk, Corner Lot
  • Foundation Details: Poured Concrete
  • Construction Materials: Metal/Vinyl
Financial
  • Tax Annual Amount: 6361.52
Listing Information
  • List Agent Mls Id: 117396
  • List Office Mls Id: 6374
  • Listing Term: Cash,Conventional
  • Mls Status: Pending Feasibility
  • Modification Timestamp: 2026-04-28T16:05:27Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-28T15:42:36Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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