Courtesy: Bellwether Real Estate
360-305-3650
Emelie Goodman
NEW CONSTRUCTION DUPLEX in the heart of Bellingham’s sought-after Fountain District! Zoned Urban Village, offering flexible investment potential. This thoughtfully designed duplex features two spacious 2BD/2BA units, each just under 1,000 sqft, making it an excellent opportunity for investors, owner-occupants, or multigenerational living. Each unit offers a private entrance, comfortable living spaces with fireplace and live edge mantel, well-appointed kitchens, and quality finishes throughout. The efficient layouts are designed for low-maintenance living while providing excellent separation and privacy between units. Enjoy the benefits of a brand-new property with modern construction and minimal maintenance, all just moments from Fountain District restaurants, breweries, parks, and downtown Bellingham.
Courtesy: Bellwether Real Estate
360-305-3650
Emelie Goodman
NEW CONSTRUCTION DUPLEX in the heart of Bellingham's sought-after Fountain District! Zoned Urban Village, this thoughtfully designed home offers exceptional flexibility for investors. The upper residence features nearly 1,500 sqft, 3 bedrooms, 2.5 baths, two separate entrances, a spacious kitchen with walk-in pantry, inviting living space with an electric fireplace, a primary suite complete with an ensuite bath, and balcony for outdoor enjoyment. A 631 sqft lower-level unit has its own private entrance and provides built-in income potential or the perfect space for tenants, multigenerational living, or short-term rental guests. Enjoy the benefits of brand-new construction with modern finishes, quality craftsmanship, and low-maintenance living, all just moments from Fountain District restaurants, breweries, parks, and downtown Bellingham.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-5050
Sydney Weitzel
Rare duplex opportunity in Bellingham's desirable York Neighborhood featuring a beautifully updated home plus a NEW detached ADU, each with its own private parking, functionality, separate utilities, and own address. This is the best option for house hacking, multigenerational living, or your next investment. The 1,150 sq ft home built in 1900 has extensive improvements not limited to NEW electrical, NEW sewer line, NEW tankless water heater, NEW insulation, exterior paint, and numerous appliance upgrades. The main residence offers 3 bedrooms, covered deck off your primary, comfortable living spaces, modernized systems, and a fully fenced backyard designed for relaxation and entertaining.The 520 sq ft detached ADU built in 2024 has 1 bedroom and provides additional flexibility for guests, extended living arrangements, workspace needs, hobbies, or other uses. Features include a private entrance, separate parking access from the alley, 2 heat pumps, tankless water heater, skylights, granite countertops, generous kitchen storage, and newer appliances. Enjoy outdoor gatherings on the patio, add a hot tub to the dedicated, already wired pad. Situated just moments from downtown Bellingham, local parks, restaurants, shopping, and waterfront attractions, this property combines the charm of a historic neighborhood with the convenience of modern updates and versatile living options.
Courtesy: Muljat Group
360-733-3030
Kena Greer Brashear
Two rental homes on one property offer an incredible opportunity just blocks from Western Washington University. The first home is newer and the second has been completely renovated with modern upgrades. One home features four bedrooms and one bathroom, and the other offers three bedrooms and one bathroom. Both homes include quartz counters, LVP flooring, stainless appliances, and beautiful contemporary finishes. This is an ideal setup for strong rental income, multi generational living, or an owner occupied investment with additional cash flow. Outstanding location close to Western, shopping, parks, and public transit. A true turnkey investment in the heart of Bellingham.
Courtesy: Hammer Properties NW Inc.
360-756-6500
Nicole Quinn
Beautifully designed duplex has a 4-bedroom, 3-bath home with a separate 1-bedroom, 1-bath ADU, offering flexible living options and modern comfort. The main home features a bright, open living area with abundant natural light, a cozy fireplace, upgraded finishes, and thoughtful details throughout. Energy-efficient features and modern systems help provide year-round comfort and efficiency. Surrounded by mature trees, the property offers a peaceful Pacific Northwest setting, while the attached garage provides convenient parking and storage. The 1-bedroom, 1-bath ADU offers excellent versatility for extended living, guests, a home office, or rental income. The ADU has a private entrance, a living room and full kitchen, 9-ft-tall ceilings, a mini-split for heat and AC, in-unit laundry and a reserved parking space. It's a thoughtfully designed property combining quality finishes, energy-conscious living, and flexible space in one exceptional package.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Keith Cook
Well-Located Duplex with Spacious Two-Story Floor Plans! Each 2-bedroom, 2-bathroom unit offers approximately 1,088 SQFT with a unique layout that provides a bedroom, bathroom, and closet space on each level. The upper level functions essentially as a private bedroom suite, offering a bedroom, full bathroom, and generous closet space. The main level features a bedroom, full bathroom, and an eat-in kitchen with a sliding glass door opening to the private patio and lawn area. Each unit also offers covered parking, private outdoor space, and access to a storage shed. Convenient laundry areas provide additional functionality and valuable bonus space. Ideally situated adjacent to trails and just minutes from Barkley Shopping Center, the movie theater, dining, and everyday amenities. Unit 2828 is currently month-to-month at $1,700/month, while Unit 2830 is leased through 5/27/27 at $1,650/month. An attractive opportunity for an investor seeking established rental income or an owner-occupant looking for additional income potential. The adjacent duplex at 2816/2818 Valencia St is also available, providing a unique opportunity to purchase neighboring properties.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Keith Cook
INVESTOR OPPORTUNITY in a convenient Bellingham location! This well-located duplex offers two spacious, two-story 2-bedroom, 1.5-bath units, each approximately 1,108 sq ft. Each unit features a large laundry/utility room providing valuable bonus space, along with a private deck and patio and covered parking. Both units are currently occupied, generating $3,065/month or $36,780 in annual rental income. Unit 2816 is month-to-month at $1,650/month, while Unit 2818 is leased through 8/9/27 at $1,415/month. Conveniently located near trails, Barkley Village Shopping Center, Regal Cinema, restaurants, shopping, and everyday amenities. An excellent opportunity to own an income-producing duplex with potential for future rental growth and long-term appreciation. The adjacent duplex at 2828/2830 Valencia St is also available, offering an opportunity to purchase two neighboring duplex properties.
Courtesy: Hammer Properties NW Inc.
360-756-6500
Andrew "Joe" Tedrow
Turnkey investment with a proven rental history and strong demand in Bellingham's historic York Neighborhood. This Fully occupied duplex lives more like two homes than two attached units. Each side offers a bedroom with a private full bath, generous living space, in-unit laundry, and ample off-street parking. Well maintained and ideally located near 1-5, WWU, downtown Bellingham, transit, and Nelson's Market. Enjoy an easy walk or bike to local restaurants, breweries, and neighborhood favorites. This unique opportunity is perfect for any investment portfolio or a future owner occupant looking for all the charm of the York Neighborhood while offsetting home ownership costs with consistent rental income.
Courtesy: COMPASS
360-233-5033
Erika Buse
927 Jersey is a centrally located Sehome duplex that offers a practical layout and significant investment upside. The property has been updated with essential improvements, including a newer roof and refreshed bathrooms, providing a solid foundation for immediate use or further investment.The interior features a versatile lower-level basement that can be adapted to suit various operational needs. Outside, the detached garage presents a clear opportunity for conversion into an accessory dwelling unit (ADU), offering additional utility or the potential for a third income stream on-site.The central location is a primary draw, positioned near the amenities of Sehome Village. Local dining, retail, and transit connections are all within close proximity. Whether you are looking for a straightforward investment or a property with room to build equity through strategic customization, this duplex provides the flexibility to execute a long-term plan in a high-demand community.
Courtesy: Keller Williams Western Realty
866-738-7070
Stacy LaCount
Endless possibilities in a prime Bellingham location! This versatile property features approximately 2,100 sq ft of total living space, including a main home with 3 bedrooms, 1.5 bathrooms, fresh interior/exterior paint, and an updated electrical panel. Bring your ideas to customize the kitchen to your personal style! Backyard is fenced, perfect for pets and is bordered by Padden Creek. A major highlight is the potential approximate 650 sq ft ADU complete with its own separate entrance, kitchen, full bath, studio style living area, and a flexible secondary room. Ideal for multi-generational living, a private guest suite, or potential income stream. Conveniently located near Fairhaven, WWU, and trails and easy I-5 access. Buyer to verify square footage and potential ADU permitting/use. Main house and potential ADU on separate electrical meters. One RV parking space with full service hook ups, one with sewer hook up only and one RV storage area.
Courtesy: COMPASS
360-233-5033
Michelle Harrington
This Happy Valley duplex offers a fantastic opportunity for those looking for versatility, charm, and immediate returns. Both units are currently occupied by long-term tenants, providing a steady foundation for your investment from day one. Each of the two existing units features two bedrooms and 1.5 baths, highlighted by a cozy gas stove that adds both warmth and a touch of ambiance to the living space. Convenience is built-in with dedicated in-unit washers and dryers, plus individual storage rooms for each side.The outdoor spaces are a true highlight, with each unit enjoying its own private patio and a fenced backyard—perfect for relaxing or gardening in peace. Parking is effortless with four total spaces, allowing two per unit.Perhaps the most exciting feature is the additional third area, which offers an easy path toward a triplex conversion. Whether you're looking for a solid investment with reliable residents already in place or a property with significant room to grow, this duplex delivers on both comfort and future potential.Situated in a prime Southside location, the property puts the best of the area within easy reach. You’re just moments away from the vibrant shopping and dining in historic Fairhaven, the scenic Bellingham Waterfront, and the energy of the Western Washington University campus. This is a rare chance to secure a property that delivers both comfort today and significant upside for tomorrow.
Courtesy: Muljat Group
360-733-3030
Kena Greer Brashear
Exceptional investment opportunity in Bellingham's highly sought after Happy Valley neighborhood. Ideally located just blocks from Western Washington University and the Sehome Hill Arboretum, this duplex offers convenient access to Fairhaven, downtown Bellingham, miles of trails, parks, restaurants, shopping, and schools. Each fully renovated two bedroom, townhouse style unit features covered decks, luxury vinyl plank flooring, stainless steel appliances, quartz countertops, in-unit washer and dryer, and cozy fireplaces. The property has an excellent rental history with consistently low vacancy, is fully leased, and has been meticulously owner managed. A true turnkey investment!
Courtesy: Muljat Group
360-733-3030
Troy Muljat
Recently built and beautifully designed Tull Court Townhomes in Northern Bellingham! Townhomes are located just off Meridian Street in a private cul-de-sac, which gives this property a rural feel within city limits. The property is in close proximity to major shopping centers, Whatcom Community College, and just over one mile from I-5 access. The 32-units are a mix of primarily 2-bed/1.5-bath and some 3-bed/2.5-bath. Units feature fully equipped kitchens, in-unit washer/dryer, and high-end finishes.
Courtesy: COMPASS
360-233-5033
Michelle Harrington
Beautifully remodeled this duplex is a rare gem located between Campus and Fairhaven—an unbeatable spot just a short walk from Western Washington University's lively community. Whether you're looking for an investment opportunity or a dual-living solution, this property offers flexibility, style, and convenience all in one. Recent updates ensure peace of mind and a fresh aesthetic, with a brand-new roof, gutters, and a crisp exterior paint job. The upper unit features an updated kitchen, three bright bedrooms, and a full bath. Step outside onto the expansive deck—perfect for summer BBQs or simply enjoying the fresh air. The lower unit, with its own private entrance, has been completely updated, boasting a modern one-bedroom suite with a refreshed kitchen and ¾ bath. Every detail has been thoughtfully designed to provide comfort and style, making it ideal for guests or rental income. Both units come fully equipped with all appliances, and a shared washer and dryer add an extra layer of convenience for tenants. Nestled in a highly sought-after location, this duplex offers a perfect blend of modern comfort and proximity to everything that makes the area so desirable. Don’t miss the chance to own this move-in-ready property that’s as versatile as it is inviting!
Courtesy: Windermere RE Whatcom, Inc.
360-734-7500
Jeffrey Johnson
17 unit apartment complex off Lakeway on Nevada Street within walking distance to bus line, Whole Foods, Carl cozier elementary school, city park and pool complex. Central location. Unit mix:12 one- bedroom units and 5 -two bedroom units all under market rent with stable vacancy history. Excellent parking. Recent maintenance: New roof 2026new gutters 2026new washer dry units in common laundry room. The third floor units are accessed off a ground level parking lot with 9 uncovered spaces on the east side of the property.20 uncovered spaces on ground floor access and 7 covered spaces. Operating Expenses: Using a 28% total expense estimate.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Ronda Karn
Sophisticated newer construction offering three luxury residences on one parcel in a prime Bellingham location. Built in 2022, each beautifully designed residence offers approximately 1,650 square feet with 3 bedrooms, 2.5 bathrooms, and attached 2 car garages, creating the comfort and functionality of standalone homes with the convenience of low maintenance living. Thoughtfully finished with quartz countertops, air conditioning, spacious primary suites with en-suite baths, full size washer and dryer, air exchangers, and wired alarm systems. Private fenced grassy front areas provide additional outdoor enjoyment for each residence. All three residences are currently leased, providing immediate income and long term investment stability. Ideal for investors seeking newer construction, low maintenance ownership, and a property that offers a compelling alternative to traditional multifamily assets. Rare opportunity to own a high quality luxury multi residence property in one of Bellingham’s most desirable markets.
Courtesy: Bellwether Real Estate
360-305-3650
Renae Ingraham
Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.
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. Don't miss out on this great investment opportunity. Unit 2316 just updated. No Lock Box.
Courtesy: Windermere RE Whatcom, Inc.
360-734-7500
Lorrie Dujmovich
Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what’s next.
Courtesy: Gage CRE
360-483-0508
Gregory Martineau
This property offers excellent versatility with multiple possibilities: redevelopment potential, live-in investment, or rental income (short-term rentals are permitted) in sought-after Fairhaven. Short walking distance to all of Fairhaven's attractions and easy I-5 access via Old Fairhaven Parkway. The 644-square-foot home sits on a generous 5,662-square-foot lot in the Residential Transition-4 zone of Fairhaven Urban Village. Previously approved plans available from 2017 for a mixed-use commercial/residential building (Buyer to verify all uses).
Courtesy: Muljat Group
360-733-3030
Julian Friedman
Opportunity is knocking — loudly — on Sehome Hill! This stunning 5,500+ sq ft American Four Square sits in one of Bellingham's most coveted locations, perched next to Western Washington University and just a short walk to both campus and Downtown Bellingham. With 10 bedrooms and 5 bathrooms across 5 units, the possibilities here are as impressive as the property itself. Live large in the spacious 4-bedroom owner's view suite while the four units below help cover your expenses — or rent all five and let the income do the talking. Behind the classic curb appeal (fresh exterior paint and a brand-new roof) lies a meticulously maintained home with completely updated wiring and plumbing, all units separately metered, and efficient gas hot water heating. Seven off-street parking spaces round out a package that's incredibly rare at this scale and location. Mint condition, modern updates, and true pride of ownership — this one is dialed in and ready for its next chapter.
Courtesy: COMPASS
360-233-5033
Jennifer Ryan
Well-maintained 4-plex in a prime location within walking distance to Western Washington University. A rare opportunity for investors to secure a consistently rented property in a high-demand area. Each unit features a 2 bed / 1 bath layout with in-unit stack washer and dryer, great natural light, and private deck space—amenities tenants love. Recent updates include new LVP flooring, fresh interior and exterior paint, and new water heaters, providing a clean, modern feel and added peace of mind for future ownership. Originally built as a four-plex, the design offers comfortable separation and privacy for residents. The property also includes carports, additional off-street parking, and a nicely sized yard with clean, low-maintenance landscaping that adds curb appeal. Located in a quiet neighborhood with a trail at the end of the street leading to the arboretum, offering easy access to nature while still being close to campus. Strong rental history and excellent location make this a standout investment opportunity. Add a reliable, income-producing property to your portfolio—opportunities like this near Western don’t last long.
Courtesy: Windermere RE Whatcom, Inc.
360-734-7500
Jason Lee
Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.
Courtesy: Windermere RE Whatcom, Inc.
360-734-7500
Jason Lee
Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.
Courtesy: Keller Williams Western Realty
360-738-7070
Anthony Zapata
Build your portfolio with this Bellingham fourplex offering rental income potential, recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit, the property offers options for an investor expanding a portfolio or a buyer looking to live in one unit and build a rental portfolio with the others. The mix of one- and two-bedroom homes provides flexibility for a long-term investment plan, while on-site coin-op laundry adds another income source. Recent improvements include fresh paint in two units, new carpet in Unit B, a new refrigerator in Unit D, and refreshed paint and caulking in the common areas. These updates support the property's rental appeal and give the next owner a starting point for future opportunities. Located in a central Bellingham area near shopping, restaurants, parks and freeway access, the property combines everyday convenience with long-term investment possibilities. Beyond the existing fourplex, the back portion of the lot offers potential for future development, creating another avenue to explore as part of a broader investment strategy. Focus on the existing rental income potential, consider an owner-occupied approach, or explore how the property could fit your plans for future growth. Buyer to verify development potential.
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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.
