321 Emerald Rd Granger, WA $ 889,000
321 Emerald Rd
$ 889,000
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321 Emerald Rd

Granger, WA, 98932
$ 889,000
Bedrooms12 Baths8.0 Sq 5,460

Monthly Estimate*

$ 5,613

Listed by Keller Williams Eastside
321 Emerald Rd, Granger, WA 98932 - Image 1
321 Emerald Rd, Granger, WA 98932 - Image 2
321 Emerald Rd, Granger, WA 98932 - Image 3

Multi-Family Home for sale in Granger, WA

for $889,000 with 12 bedrooms and 8 full baths. This 5,460 square foot home was built in 2018 on a lot size of 0.28.

Four-unit multifamily investment opportunity in Granger, WA, overlooking the Yakima River and minutes from downtown Granger. The property is currently 50% occupied, with one additional unit completed and ready for occupancy and one unit recently vacated in September 2026, providing near-term lease-up potential. During 2025, when fully occupied, the property generated approximately $72,000 in gross income and $50,000 in NOI. Located on a quiet street near new development, this fourplex combines existing rental income with an opportunity to restore full occupancy. Buyer to verify income, expenses, rents, occupancy and all investment-related information.

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Multi-Family Active

Price

$ 889,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 6,606

Style

4-Plex

Lot Size

0.28

Year Built

2018

Town/City

Granger

County/Region

Yakima

MLS | Web ID

2589735

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Wall Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 4
Year Built 2018
Property Subtype Multi Family
Tax Year 2025
County Yakima
Net Operating Income 52415
Insurance Expense 3141
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Granger
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions East or Westbound on I-82: Take exit 58 for WA-223 S. Turn Right onto WA-223 S. Turn left onto E 3rd St. Turn right onto Cherry Hill Rd. Continue onto Emerald Rd - 321 Emerald Road is 0.4 mi up.
High School Granger High
City Granger
Senior Community Y/N N
High School District Granger
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 475 - Yakima County
Lot Size Units Square Feet
Lot Size Square Feet 12197
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry
Elementary School Roosevelt Elementary
Tax Annual Amount 6606
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Granger Mid
Property Condition Very Good
Public Remarks Four-unit multifamily investment opportunity in Granger WA overlooking the Yakima River and minutes from downtown Granger. The property is currently 50% occupied with one additional unit completed an
Leasable Area 4580
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company Granger Public Works
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 5.9
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 4
Building Area Total 5460
Lot Size Acres 0.28
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
Lot Number 4
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2589735
Street Number 1 321
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* Excluded Features
List By
Mel White

Listing Agent

Keller Williams Eastside

Broker

melwhite@kw.com

Email

Affordability Calculator

$6,164
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,613
Monthly Property Taxes
$551
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5473510 Elementary School
5473512 Middle School
Granger High High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$889,000 Listed Price

Map


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321 Emerald Rd, Granger, WA, 98932 is a Multi-Family Home for sale at $889,000 with 5,460 sqft and a lot size of 0.28. 321 Emerald Rd has 12 bedrooms, 8.0 baths, and was built in 2018. The property's zip code is 98932 which is in Granger, WA