316 S Granite Avenue, Granite Falls, WA 98252 (MLS # 2470051)

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Listing provided courtesy of Northwest MLS; Realty One Group Orca

PRICE $1,215,000
BEDS 0
BATHS 0
HOME SIZE 2,261 sqft
LOT SIZE 5,228 sqft
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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.

LAST UPDATED 1/20/2026 TRACT Granite Falls
YEAR BUILT 1934 COMMUNITY Granite Falls
COUNTY Snohomish STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AIR None
AREA 760 - Northeast Snohomish?
CONSTRUCTION Metal Siding, Vinyl Siding
HEAT Electric
LOT 5227 sq ft
LOT DESCRIPTION Corner Lot, Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 1
STYLE 54 - 4-Plex
SUBDIVISION Granite Falls
TAXES 6361.52
UTILITIES Cable Available, Sewer Connected
WATER Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/20/26 7:41 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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