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MLS #2492468 / Listing provided by NWMLS & KW North Sound. & The Preview Group
$1,250,000
119 N Indiana Avenue
Granite Falls,
WA
98252
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 3
- Total Uncovered Parking Spaces: 3
Structure
- Roof: Composition
- Exterior Features: Cement Planked
- Foundation: Slab
Lot Details
- Lot Features: Corner Lot, Dead End Street, Paved
- Acres: 1.0546
- Foundation: Slab
Schools
- High School District: Granite Falls
- High School: Granite Falls High
- Middle School: Granite Falls Mid
- Elementary School: Monte Cristo Elem
Lot Details
- Lot Features: Corner Lot, Dead End Street, Paved
- Acres: 1.0546
- Foundation: Slab
Power
- Energy Source: Electric, Natural Gas
- Power Company: Snohomish County PUD
Water, Sewer, and Garbage
- Sewer Company: City of Granite Falls
- Sewer: Sewer Connected
- Water Company: City of Granite Falls
- Water Source: Public
- Water, Sewer, and Garbage: 0
Charlie Hawkins Floberg
Office Manager | Managing Broker | REALTOR®
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