PROPERTIES FOR SALE

119 N Indiana Avenue Granite Falls, WA 98252

NWMLS Courtesy of KW North Sound
119 N Indiana Avenue
Granite Falls, WA 98252
$1,250,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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.
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Property Features

Community: Granite Falls
Tri-plex
Fenced-Fully
High Speed Internet
Patio
Exterior: Cement Planked
Roof: Composition
Year Built: 2008
HOA Dues: $252
2025 Taxes: $9274.00
Buyer Broker Comp.: 2.5%
Listing #: 2492468

Lot Details

Lot Size: 1.05 acres
Corner Lot
Dead End Street
Paved
No. of Units: 3
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Interior

Cooling: None
Heating: Forced Air
Electric
Natural Gas

Schools

District: Granite Falls
Elem: Monte Cristo Elem
Middle: Granite Falls Mid
High: Granite Falls High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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