Bellingham WA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
6,774
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
2315547
Subdivision:
Columbia

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
47,097
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2021
Baths:
MLS#:
2301403
Subdivision:
Sehome

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
5,544
Status:
Active
Beds:
n/a
Year built:
2008
Baths:
MLS#:
2297958
Subdivision:
Bellingham

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
3,456
Status:
Active
Beds:
n/a
Year built:
1973
Baths:
MLS#:
2290647
Subdivision:
Bellingham

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
2,100
Status:
Active
Beds:
n/a
Year built:
1971
Baths:
MLS#:
2252945
Subdivision:
Roosevelt

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
4,411
Status:
Active
Beds:
n/a
Year built:
2023
Baths:
MLS#:
2251705
Subdivision:
South Hill

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
2,473
Status:
Active
Beds:
n/a
Year built:
1999
Baths:
MLS#:
2228706
Subdivision:
Roosevelt

ADDITIONAL INFORMATION

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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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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Bellingham Real Estate

The median home value in Bellingham, WA is $618,750. This is higher than the county median home value of $566,000. The national median home value is $338,100. The average price of homes sold in Bellingham, WA is $618,750. Approximately 44.05% of Bellingham homes are owned, compared to 50.95% rented, while 5% are vacant. Bellingham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bellingham real estate agent to arrange a tour today!

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.

Bellingham Weather

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.

Bellingham Real Estate Market Conditions

  • Median sales price

    $618,750
    14.7% change since last quarter
  • # Active listings

    376
    30-day change

Bellingham Schools and Demographics

Education near Bellingham, WA

Metric City County
High School Graduates 94.65 93.2
College Degree - 2 year 10.95 11.04
College Degree - 4 year 46.37 36.38
Graduate Degree 12.93 9.58
Expenditures per Student 17,213 17,213
Students per Teacher 17.1 17.1

Elementary Schools near Bellingham, WA

School Grades Students P/T Ratio ZIP
Alderwood Elementary School PK - 05 244 12.6 98225
Beach Elementary School KG - 06 34 13.4 98262
Birchwood Elementary School PK - 05 295 14.4 98225
Carl Cozier Elementary School PK - 05 271 13.9 98229
Cascadia Elementary PK - 06 493 16.3 98248
Central Elementary School PK - 06 336 15.5 98248
Columbia Elementary School PK - 05 276 16.4 98225
Cordata Elementary School PK - 05 362 11.8 98226
Eagleridge Elementary School PK - 06 502 15.6 98248
Geneva Elementary School PK - 05 431 16.7 98229
Happy Valley Elementary School PK - 05 412 15.9 98225
Harmony Elementary School KG - 06 371 15 98226
Irene Reither Elementary School PK - 05 587 18 98226
Lowell Elementary School - Bellingham PK - 05 313 16 98225
Northern Heights Elementary School PK - 05 439 16.7 98226
Parkview Elementary School PK - 05 297 14.7 98225
Roosevelt Elementary School PK - 05 420 15.2 98226
Silver Beach Elementary School PK - 05 427 17.2 98226
Skyline Elementary School PK - 06 426 17.2 98248
Sunnyland Elementary School PK - 05 303 12.9 98226
Wade King Elementary School PK - 05 452 14.8 98229

Middle Schools near Bellingham, WA

School Grades Students P/T Ratio ZIP
Fairhaven Middle School 06 - 08 623 20.7 98225
Horizon Middle School 06 - 08 545 19.4 98248
Kulshan Middle School 06 - 08 601 20.2 98229
Larrabee Elementary School PK - 05 186 19.4 98225
Shuksan Middle School 06 - 08 608 17.8 98225
Vista Middle School 06 - 08 571 20 98248
Whatcom Middle School 06 - 08 601 20.3 98225

High Schools near Bellingham, WA

School Grades Students P/T Ratio ZIP
Bellingham High School 08 - 12 1,070 24.1 98225
Bellingham Re-Engagement Program 09 - 12 22 98225
Ferndale High School 09 - 12 1,502 23.1 98248
Meridian High School 09 - 12 500 19.1 98226
Sehome High School 09 - 12 1,142 23.7 98225
Squalicum High School 09 - 12 1,375 23.6 98226
Windward High School 09 - 12 190 25.3 98248

Ungraded Schools near Bellingham, WA

School Grades Students P/T Ratio ZIP
* Home Port Learning Center 09 - 12 11 98225
* Options High School 09 - 12 96 16.3 98225
Bellingham Family Partnership Program KG - 12 0 98225
Ferndale Special Services PK - PK 27 98248
Meridian Special Programs PK - 12 28 98226
Visions (Seamar Youth Center) 06 - 12 26 98226

Demographics near Bellingham, WA

Metric City County
Neighborhood Type Suburban
Population 90,545 224,533
Population Density 3,269 107
Median Age 33.5 37.8
People per Household 2.2 2.4
Median Household Income 59,163 70,011
Average Income per Capita 36,147 36,504