119 N Indiana Ave

Granite Falls, WA 98252
  • $1,250,000

    Price
  • 9

    Bed
  • 6

    Bath
  • 3,655

    SqFt

About the Listing 7739 - 81089,78025

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 Highlights

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 2492468
Year Built 2008
Total Square Footage 3,655
Lot/Acreage 1.05
County Snohomish
Building Name Pilchuck Village
Neighborhood Granite Falls
HOA Dues 252/Monthly
School District Granite Falls
Elementary School Monte Cristo Elementary
Middle School Granite Falls Middle
High School Granite Falls High

Interior Details

  • Bedrooms: 9
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Laminate,Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Granite Falls

Exterior Details

  • Lot Description: Corner Lot,Dead End Street,Paved,Fenced-Fully,High Speed Internet,Patio,Zoning: Multi-Family
  • Garage Capacity: 3 car
  • Zoning: Multi-Family
  • Roof: Composition
  • Others: Cement Planked,Very Good
  • Sewer: City of Granite Falls

Financial Details

  • Tax Amount: $9,274
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01101700011900
  • Tax Year: 2025

Payment Calculator

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Questions About..

119 N Indiana Ave Granite Falls, WA 98252

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Originating MLS: nwmls

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