$595,000

301 E 3rd St Granger, WA 98932

Estimated payment $3,342/month

8 Beds
3 Baths
3,228 Sq Ft
$184 Price per Sq Ft

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • 3-minute walk to Granger City Park
  • Partially Fenced Property

About This Home

Fully rented 4-plex in Granger—an excellent investment opportunity with immediate cash flow and long-term potential. Built in 1996, this well-maintained property offers a total of 3,228 sq. ft., with each of the four units providing 807 sq. ft. of comfortable living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is equipped with a functional kitchen that includes a refrigerator, range/oven, and dishwasher, making them move-in ready for tenants. Additional highlights include dining space adjacent to the kitchens, vinyl windows, electric baseboard heating, electric wall A/C, and extra storage. Three of the four units feature laminate wood flooring for easy maintenance and long-term durability. With a strong & consistent rental demand, and full occupancy, this property is a solid addition to any investment portfolio. Don’t miss this amazing 4-plex opportunity in Granger!

Listing Agent

Geoff Bowlsby

Century 21-Tri-Cities License #30766 Listed on: 01/26/2026

Century 21-Tri-Cities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1996

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Off-Street Parking

Home Design

  • 3,228 Sq Ft Home
  • Quadruplex
  • Composition Shingle Roof

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,949

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Four-Plex
  • Year Built: 1996
  • Street Road Information: Paved
  • Headline: RENTAL INVESTMENT OPPORTUNITY!
  • Directions: From SR 233 where intersection is with Emerald Rd turn towards Granger on 3rd St.
  • Geo Address Line: 301 E 3rd St
  • Geo Longitude: -120.191562
  • Geo Primary City: Granger
  • Geo Quality: 0.95
  • OFFICELIST_STATE: WA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Interior Flooring: Carpet(s), Extra Storage, Windows-Vinyl, Ceiling Fan, Laminate
  • Bedrooms: 8
  • Total Bathrooms: 3+
  • Finished Sq Ft: 3228
  • Total Sq Ft: 3228

Exterior Features

  • Exterior Features: Fencing/Partial
  • Roof: Composition Shingle
  • Building Exterior Siding: Stucco Board

Garage/Parking

  • Garage Parking: Off Street Spaces

Utilities

  • Air Conditioner: Air Wall, Electric
  • Water Sewer: Public Water, Sewer Connected
  • Heating: Electric, Wall
  • Utilities Electricity: Appl-Electric, Electric

Schools

  • School District: Buyer to Verify

Lot Info

  • Number Of Acres: 0.2
  • Zoning Type: MULTI-FAMILY RE

Tax Info

  • Annual Taxes: 2949.06
  • Tax Year: 2025

Multi Family

  • Multi Family Information: Unit 1/AC, Unit 1/Carpets, Unit 1/Dishwasher, Unit 1/Range/Oven, Unit 1/Refrigerator, Unit 2/AC, Unit 2/Carpets, Unit 2/Dishwasher, Unit 2/Range/Oven, Unit 2/Refrigerator, Unit 3/AC, Unit 3/Carpets, Unit 3/Dishwasher, Unit 3/Range/Oven, Unit 3/Refrigerator, Unit 4/AC, Unit 4/Carpets, Unit 4/Dishwasher, Unit 4/Range/Oven, Unit 4/Refrigerator
  • Number Of Units: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,949 $361,200 $21,400 $339,800
2023 $2,496 $315,300 $34,100 $281,200
2022 $2,876 $289,200 $21,400 $267,800
2021 $2,386 $227,800 $21,400 $206,400
2019 $2,349 $218,400 $21,400 $197,000
2018 $2,624 $215,700 $21,400 $194,300
2017 $2,258 $196,400 $21,400 $175,000
2016 $1,773 $165,300 $23,000 $142,300
2015 $1,773 $165,650 $21,350 $144,300
2014 $1,773 $165,650 $21,350 $144,300
2013 $1,773 $165,650 $21,350 $144,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2026 01/26/26 For Sale $595,000 -- $184 / Sq Ft
Source: Pacific Regional MLS

Source: Pacific Regional MLS

MLS Number: 290073

Pacific Regional MLS