$1,195,000
Est. $6,074/mo119 N Indiana Avenue, Granite Falls, WA 98252
• Listed 2026-03-13•25 days on market
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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.
Listed by Toby L. Barnett • KW North Sound
Listing updated: June 26, 2026 at 01:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2492468
Open houses
No upcoming open houses scheduled for this property.
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value119 N Indiana Avenue, Granite Falls, WA 98252
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.
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Granite Falls is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 11 days.
$70,000 Sold
2 weeks ago
2 bd•2 ba•Single Family
206 N Kentucky Avenue #3b, Granite Falls, WA 98252
11%
Under list
—
Days on market
0.1 mi
Distance
$594,999 Sold
7 weeks 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
7 weeks ago
•Single Family
1015 W Stanley Street, Granite Falls, WA 98252
9%
Under list
—
Days on market
0.7 mi
Distance
$575,000 Sold
2 months 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
3 months 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
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 Jul 2026
Granite Falls School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
