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316 S Granite Ave

Granite Falls WA 98252

2261 sq. ft.
0.12 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

2261 sq. ft. floor area
0.12 ac. lot size
Single-Family

Property history for 316 S Granite Ave

2022
Sold
Undisclosed
13 Jul 2022
2018
Sold
$475,000
03 Oct 2018

Happy sellers in Granite Falls

87%
87% of sellers in Granite Falls reported that their sale price either exceeded or met their price expectations.

Granite Falls stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Granite Falls over the last 12 months.

Local market activity for single-family properties in Granite Falls

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