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.
Listing Provided Courtesy of Toby L. Barnett, KW North Sound
General Information
NWM2492468
Multi Family
2
DOM
1.05 acres
3655
2008
Multi-F
Snohomish
Monte Cristo El
Granite Falls M
Granite Falls H
Residential Incom
Multi Family
Listing Provided Courtesy of Toby L. Barnett, KW North Sound
Krishna Realty data last checked: Mar 16, 2026 01:52 | Listing last modified Mar 15, 2026 20:41,
Source:
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Residence Information
3655
Composition
3,
53 - Tri-plex
2008
Slab
Features and Utilities
Cement Planked
Public
Sewer Connected
0
Financial
9274
Cash, Conventional, See Remarks
03-13-2026
Comparable Information
2
2
Cash, Conventional, See Remarks
$1,250,000
$1,250,000
Mar 15, 2026 20:41
Schools
Elementary : Monte Cristo ElN/ARatings Middle : Granite Falls M N/ARatings High : Granite Falls HN/ARatings
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.
