316 S Granite Avenue Granite Falls WA 98252 MLS #NWM2470051
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.
Current real estate data for Multi Family in Granite Falls as of Feb 20, 2026
1
Multi Family Listed
30
Avg DOM
502
Avg $ / SqFt
$1,135,000
Avg List Price
Property Details
Price:
$1,135,000
MLS #:
NWM2470051
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subdivision:
Granite Falls
Neighborhood:
760northeastsnohomish
Listed Date:
Jan 20, 2026
Finished Sq Ft:
2,261
Total Sq Ft:
2,261
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1934
Units:
4
Schools
School District:
Granite Falls
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Cooling
None
Flooring
Hardwood, Laminate, Vinyl Plank
Heating
Wall Unit(s)
Exterior
Construction Materials
Metal/Vinyl
Exterior Features
Metal/Vinyl
Roof
Composition
Security Features
Fully Fenced
Financial
Tax Year
2025
Taxes
$6,362
Map
Contact Us
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Community
- Address316 S Granite Avenue Granite Falls WA
- SubdivisionGranite Falls
- CityGranite Falls
- CountySnohomish
- Zip Code98252
Property Summary
- Located in the Granite Falls subdivision, 316 S Granite Avenue Granite Falls WA is a Multi Family for sale in Granite Falls, WA, 98252. It is listed for $1,135,000 To schedule a showing of MLS#nwm2470051 at 316 S Granite Avenue in Granite Falls, WA, contact your HomeSmart One Realty agent at 425-218-4178.
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Courtesy of Realty One Group Orca. Disclaimer: Based on information submitted to the MLS GRID as of Feb-19-2026 11:21:32 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.Copyright 2026. All rights reserved.
316 S Granite Avenue
Granite Falls, WA


