Property Details
406 E Pioneer Street #A
Granite Falls, WA 98252
$649,950
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Property Overview
Inviting Granite Falls duplex perfect for owner-occupants or investors! Both updated 2BD/1BA units offer luxury vinyl plank flooring in the living areas, cozy carpeted bedrooms, and beautifully refreshed kitchens featuring new granite countertops, updated cabinets, fixtures, and appliances. Clean, modern and move-in ready. Strong upside potential with room to adjust rents to current market rates. Enjoy reliable rental income or live in one unit while leasing the other. This well-maintained property also includes a newly paved parking lot for added convenience. Please note, interior photos are of staged model unit. All units have identical finishes. 2 Year Home Warranty included!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Granite Falls
Listed
Apr 14, 2026
Financial Summary
Cap Rate
5.00%
Net Operating Income
$32,510
Gross Scheduled Income
$39,984
Gross Rent Multiplier
16.25
Total Expenses
$7,474
Building & Use
Building Sq Ft
1,680
Leasable Area
1,680 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
10,890 sqft
Year Built
1985
Exterior & Lot
Lot Size
0.25 sqft
Year Built
1985
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Location
City
Granite Falls
County
Snohomish
Coordinates
48.07941, -121.96490
Additional Information
Tax Year
2026
Annual Taxes
$3,124
Possession
Array
Based on information submitted to the MLS GRID as of April 30, 2026 6:15 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
