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Happy Valley Multifamily Homes & Duplexes for Sale

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  • /27

    $650,000

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft

    1604 22nd St, Bellingham, WA 98225

    2/1 duplex in Happy Valley! Between Donovan and Old Fairhaven Parkway, with easy access to Fairhaven, WWU, and I-5. Move-in ready for owner-occupy as Unit 1 is vacant, or rent out both sides as an income property. 2022 roof and recent exterior paint. Recent facelift on Unit 1 included new interior paint, new interior trim, new LVP flooring, new kitchen counters and new dishwasher, new baseboard

    Ben Tucker Bellingham Real Estate Company

    1604 22nd St, Bellingham, WA 98225
  • /36

    $16,950,000

    • 114 Beds
    • 142 Baths
    • 51,316 Sq Ft

    820 32nd St, Bellingham, WA 98225

    This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2

    Kevin Geraghty Windermere Real Estate Whatcom

    820 32nd St, Bellingham, WA 98225

Why Live in Happy Valley

Happy Valley in Bellingham is located next to Western Washington University, 3 miles south of downtown Bellingham along Interstate 5. The neighborhood is divided into two distinct areas: the north side, which is popular with college students and faculty, and the south side, which features single-family homes. The north side has a mix of apartments and condos, with commercial spaces including a Haggen supermarket, Starbucks, Petstop, and Insomnia Cookies. Local dining options include Tandoori Bites and Busara Thai Cuisine. The south side is characterized by Craftsman bungalows and midcentury homes, with mature oak and fir trees and undeveloped wooded areas. Happy Valley Park offers a playground, picnic tables, and an open play field. The Sehome Hill Arboretum, a 175-acre natural area, is just north of the neighborhood and features gravel trails and an observation tower with views of Bellingham and beyond. Happy Valley Elementary, Fairhaven Middle, and Sehome High are highly rated schools serving the area. Interstate 5 provides easy access to Seattle, 87 miles south, and the Canadian border, 42 miles north. Downtown Bellingham is 3 miles away, and Bellingham International Airport is 8 miles northwest. The neighborhood's flat, well-maintained streets are lined with sidewalks and mature pine trees, with ample street parking available.

Home Trends in Happy Valley, WA

Housing Trends

Median Sale Price
$334,990
Median Single Family Sale Price
$492,405
Median Townhouse Sale Price
$304,000
Average Price Per Sq Ft
$232
Number of Homes for Sale
3
Last 12 months Home Sales
15
Months of Supply
2.40
Median List Price
$424,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-46%
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