Listed by Toby L. Barnett • KW North Sound.
FOR SALE
$1,225,000
Est. $6,181/mo119 N Indiana Avenue, Granite Falls, WA 98252
• Listed 2026-03-13•22 days on market
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About this home
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.
Property type
Single Family
Year built
2008
Interior
Not listed
Lot size
1.0546 acres
Parking
3-car garage
Price / sq ft
Not listed
HeatingForced Air
CoolingNone
Property taxes$9,274/yr (est.)
HOA dues$252/mo
Listed by Toby L. Barnett • KW North Sound
Listing updated: May 14, 2026 at 12:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2492468
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Sold comparable homes
5 recent nearby sales, priced between $200K and $680K.
Sold Jun 12, 2025
$372,000Last sold price
1 beds1.5 baths860 sq ft
9102 184th Avenue Ne, Granite Falls, WA 98252
$433/sq ftsmaller lot16 years older
Sold Nov 17, 2025
$679,950Last sold price
1 beds1.5 baths1,200 sq ft
19521 Big Four Place, Granite Falls, WA 98252
$567/sq ftlarger lot39 years older
Sold Sep 19, 2025
$199,900Last sold price
1 beds0 baths501 sq ft
19632 Canyon Drive, Granite Falls, WA 98252
$399/sq ftsmaller lot46 years older
RexMont OfferEdge™
How much should you offer?
119 N Indiana Avenue, Granite Falls, WA 98252
List price
$1,225,000
Down payment
$245,000
Consult a RexMont agent — Contact me now
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Flooring
- Laminate
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerNearby school ratings are temporarily unavailable for this listing. School boundaries can change, so verify the exact assigned schools with the district before purchasing.
Mortgage payment forecast
$7,512 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
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Market pulse
Granite Falls is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Buyer's marketSeller's market
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 14 days.
Recent sales nearby
Within 1 mile · last 6 months$594,999 Sold
0 days ago
3 bd•2.5 ba•~1,388 sq ft•Single Family
614 Eagle View Drive, Granite Falls, WA 98252
0%
Under list
—
Days on market
0.8 mi
Distance
$250,000 Sold
4 days ago
•Single Family
1015 W Stanley Street, Granite Falls, WA 98252
9%
Under list
—
Days on market
0.7 mi
Distance
$575,000 Sold
3 weeks ago
3 bd•2 ba•~1,652 sq ft•Single Family
807 E Stanley Place, Granite Falls, WA 98252
0%
Over list
—
Days on market
0.2 mi
Distance
$810,000 Sold
6 weeks ago
3 bd•1.5 ba•~3,050 sq ft•Single Family
9402 Ray Gray Rd Road, Granite Falls, WA 98252
1%
Under list
—
Days on market
0.9 mi
Distance
$810,000 Sold
6 weeks ago
3 bd•1.5 ba•~3,050 sq ft•Single Family
9402 Ray Gray Road #a, Granite Falls, WA 98252
1%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 5, 2026 at 8:17 PM PDT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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