Courtesy: Compass
360-969-0669
Coleton Pantley
This well-maintained 9-unit property in Bellingham's sought-after Columbia neighborhood offers strong upside potential. With fully renovated units achieving near-market rents. attractive assumable debt, and 100% historical occupancy, it's a solid investment. The property is ideally located near downtown, public transit, and amenities. Future rezoning could allow for additional units, while slowing new deliveries in Bellingham set the stage for rent growth - projected to rise 21% over the next four years.
Courtesy: Muljat Group
360-714-1880
Barbara Davison
Location!!! This property is inside the Samish Way Urban Village Plan. Built in 2021 Samish Flats luxury apartment homes offer all the modern amenities including w/d in units. Low vacancies can be attributed to the convenient location, near I-5, Western Washington University and local amenities. The 20 lower-level garage spaces offer additional income, plus additional surface parking is available. In addition to the tenants paying all utilities, the property has approx 5 years left on an 8 year tax abatement on the improvements. Be a part of the exciting redevelopment of the very popular Samish area. For more info regarding the Opportunity Zone & Urban Village Plan visit the City of Bellingham planning website.
Courtesy: Muljat Group
360-733-3030
Kena Greer Brashear
This multi-family investment opportunity in Bellingham features a newer, well-maintained 4-plex offering townhouse-style living. Each unit is designed with 2 bedrooms, including primary suite with a walk-in closet and ensuite bathroom, along with a 3/4 bathroom and a half bathroom. The property also includes oversized garages, fully applianced interiors with washers and dryers, and private decks. Situated in a prime location, this 4-plex offers easy access to Barkley Village, Mt. Baker, local schools, parks, trails, and Lake Whatcom. It's a solid investment, combining modern amenities with a convenient location.
Courtesy: Keller Williams Western Realty
360-738-7070
Anthony Zapata
Investment opportunity at 2312 Orleans St, Bellingham! This well-maintained 4-unit apartment building in a central location offers future development potential for up to four more units on the back of the lot. A great option for cash flow while you develop. Location allows easy access to shopping, restaurants, entertainment, and freeway connections. Building has three spacious 2-bed, 1-bath units, one 1-bed, 1-bath unit, and an on-site coin-op laundry. Current rents are below market with a potential of $1,700-$1,900/month. Ideal for serious investors looking to grow ROI. Buyer to verify future development.
Courtesy: Windermere Real Estate Whatcom
360-734-7500
Robert Tucker
Location location location! This duplex sits in Happy Valley w/quick & easy access to Fairhaven, WWU, trails, parks & downtown Bellingham. Current leases run through Summer 2025. Recent updates include a new roof in 2023 & fresh exterior paint. Ample parking with 2 covered parking spaces (parking area also features 2 storage closets) & space for up to 4 additional vehicles in the driveway. Unit 1 is currently rented for $1,465/mo. & Unit 2 is rented for $1,200/mo. Each unit is 780 SF w/2 bed 1 bath. Estimated market rent is $1,650 per unit. Interior photos were taken between tenants in 2022, but a 360-degree virtual tour of each unit in its current condition is available, see the virtual tour links. Property appraised for $680K in July 2023
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Miguel Brionez
Excellent Investment Opportunity! Clean, well maintained, income producing triplex! 2- two bedroom units & 1- one bedroom unit. 1 bedroom unit is recently renovated with new flooring and bathroom remodel. All units are ground floor and offer single level living. Property sits on a spacious corner lot, with partially fenced yard, and six dedicated parking spots. Separate outbuilding with community washer/dryer. Convenient central location with close proximity to parks, trails, shopping & schools.
Courtesy: Muljat Group
360-733-3030
Peter Ahn
Discover an exceptionally rare opportunity with a uniquely beautiful duplex nestled in the heart of Bellingham. This rare property features two very distinct living spaces. One side is a 4-br, 2.5-bath, full ADA accessible home. The other is a 2-br, 1.75-bath, single-level home. Both offer comfort and privacy while on a spacious 0.25-acre lot. A 960-sqft detached shop with additional parking for recreational vehicles further highlights the property. Convenience is at your doorstep with proximity to all amenities, bus routes, the interurban trail system, and the vibrant Barkley Center just half a mile away. This is an unparalleled find for investors or those seeking a versatile living arrangement in a prime location.
Courtesy: Rylee Park Properties
425-889-9300
Greg Rankich
Investor Alert! Welcome to The Residence at State, an absolute one-of-a-kind South Hill stunner. This 2 unit (2BD/2.5BA each) building is the epitome of elegance, showcases impeccable craftsmanship and lavish finishes that will leave you in awe. Step inside and be captivated by the seamless flow of the open floor plan, accentuated by 9-foot ceilings and a plethora of windows. Gourmet chef's kitchens features top-of-the-line appliances, custom cabinetry, and generous counter space. Wake up to breathtaking sunrises and enjoy panoramic views of Bellingham Bay from the privacy of your own balcony. (2) 1 car garages and (2) 210sqft storage spaces included! Close to premier Pickleball Club, Boulevard Park, Taylor Dock, Fairhaven & DT Bellingham.
Courtesy: Birch Bay Realty Inc.
360-371-7844
Ronald Kulman
Centrally located duplex in Bellingham. Close to Barkley and Whatcom Falls Park. Each unit has 3 bedrooms and 2 bathrooms. Each unit also has a 2 car garage. Well maintained and being sold by the original owner. Current rents below market. Don't miss out on this great investment opportunity.
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Bellingham is located in Washington. Bellingham, Washington has a population of 90,545. Bellingham is less family-centric than the surrounding county with 25.93% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Bellingham, Washington is $59,163. The median household income for the surrounding county is $70,011 compared to the national median of $69,021. The median age of people living in Bellingham is 33.5 years.
The average high temperature in July is 72.4 degrees, with an average low temperature in January of 34 degrees. The average rainfall is approximately 39.1 inches per year, with 9 inches of snow per year.
