$1,250,000
ActiveListing provided by Toby L. Barnett, KW North Sound
61
DOM
About this property.
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 details.
Features.
Exterior
Heating
Cooling
Flooring
Site Features
Agent information.
Schedule a Showing
Pick a day and time, and Austin will follow up to confirm.
By continuing, you consent to be contacted by Welcome to Whatcom and John L. Scott - Bellingham about this showing via call, text, or email.
Listed by: Toby L. Barnett, KW North Sound
Courtesy of KW North Sound
Source: NWMLS, MLS#: 2492468
Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 02:00:26 PST. 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. Provided by NWMLS as distributed by MLS Grid.
IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.
Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited.
Listed by Toby L. Barnett, KW North Sound
$1,250,000
Active119 N Indiana Avenue , Granite Falls, WA 98252
1.05
Lot Acres
2008
Year Built
61
Days on Market
3 car
Garage
About This Property
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 Details
Features
Exterior
Heating
Cooling
Flooring
Site Features
Agent Information
Schedule a Showing
Pick a day and time, and Austin will follow up to confirm.
By continuing, you consent to be contacted by Welcome to Whatcom and John L. Scott - Bellingham about this showing via call, text, or email.
Listed by: Toby L. Barnett, KW North Sound
Courtesy of KW North Sound
Source: NWMLS, MLS#: 2492468
Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 02:00:26 PST. 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. Provided by NWMLS as distributed by MLS Grid.
IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.
Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited.