316 S Granite Avenue

Granite Falls, WA 98252

  • Bed

  • Bath

  • 2261 SqFt

  • 1 DOM

  • Built: 1934

  • Status: Active

$1,215,000

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316 S Granite Avenue

Granite Falls 98252

$1215000

  • Bed

  • Bath

  • 2261 SqFt

  • 1 DOM

  • Built: 1934

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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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