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2430 NW Granite Ct - Granite Tri-Plex 3 Unit Apartment Building Offered at $1,286,065 CAD at a 4.79% Cap Rate Pullman, WA 99163

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Investment Highlights

  • Quiet Cul-de-sac with Green belt in the back for additional privacy
  • Designed to be townhome style living.
  • Natural Light and spacious. All units with Gas forced heat and central air.

Executive Summary

Rare opportunity to own a newer tri-plex in a prime location on a quiet cul-de-sac with an outstanding rental history. Professionallymanaged with long-term, professional tenants and no history of vacancy. This low-maintenance property features three well-designed units with similar, spacious floor plans. Well planned units that are Townhome style homes. Each unit offers 3 bedrooms, 2.5 baths, an extra-deep two-car garage, and a large separate storage room. The main level includes a bright and spacious living room, a well-appointed kitchen with ample counter space and pantry, and an adjacent dining area with a slider opening to a private back deck-overlooking a peaceful wooded greenbelt. A convenient utility closet with washer and dryer hookups is also located on the main level.Upstairs, each unit features a primary bedroom with a full bath, plus two generously sized bedrooms and a second full bath in the hallway. Designed as individual townhome-style residences, the units offer the comfort and feel of single-family homes. All units feature gas forced air heat and central A/C. An exceptional investment opportunity with strong cash flow, minimal upkeep, and a desirable setting an never a vacant unit in 10 years!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $82,270 $18.38
Other Income - -
Vacancy Loss - -
Effective Gross Income $82,270 $18.38
Taxes $10,370 $2.32
Operating Expenses $4,799 $1.07
Total Expenses $15,169 $3.39
Net Operating Income $67,100 $14.99

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $82,270
Annual Per SF $18.38
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $82,270
Annual Per SF $18.38
Taxes (CAD)
Annual $10,370
Annual Per SF $2.32
Operating Expenses (CAD)
Annual $4,799
Annual Per SF $1.07
Total Expenses (CAD)
Annual $15,169
Annual Per SF $3.39
Net Operating Income (CAD)
Annual $67,100
Annual Per SF $14.99

Property Facts

Price $1,286,065 CAD
Price Per Unit $428,688 CAD
Sale Type Investment
Cap Rate 4.79%
Sale Condition 1031 Exchange
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Townhome
Lot Size 0.27 AC
Building Size 4,476 SF
Average Occupancy 100%
No. Stories 3
Year Built 1997
Zoning Multi Family

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Yard
  • Breakfast Nook
  • Deck
  • Dining Room
  • Double Pane Windows
  • Handrails
  • Lawn
  • Linen Closet
  • Pantry
  • Porch
  • Vinyl Flooring
  • Window Coverings
  • Large Bedrooms

Site Amenities

  • Bicycle Storage
  • Private Bathroom
  • Listing ID: 39356114

  • Date on Market: 2026-02-06

  • Last Updated:

  • Address: 2430 NW Granite Ct, Pullman, WA 99163

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