Investment - Homes for Sale in Bellingham, WA

Exceptional new-construction triplex in the heart of downtown Bellingham! Ideal main residence with built-in rental income, an optimal investment. The primary 3BD/2.5BA home offers nearly 2,000 sqft with 9’ ceilings, A/C, designer finishes, a gourmet kitchen with island & coffee bar, gas fireplace & 3 porches to enjoy. Upstairs includes a family room with balcony, office + 3 bedrooms. The

Kimberly Secord eXp Realty

Step into timeless charm & elegance with this beautifully restored 1904 historical home in the heart of Bellingham. Original millwork, dovetailed wood floors, and soaring ceilings preserve the home’s historic charm, while timeless elegance showcase the craftsmanship of a bygone era, while modern updates—include a chef’s kitchen for functional living. Bay views, abundant natural light, and elegant

Alicia Jansen Pennington John L. Scott Bellingham

This is a truly unique investment opportunity in Bellingham’s highly sought-after South Hill neighborhood! This charming duplex offers sweeping bay views, strong rental potential, and a prime development opportunity. Situated close to WWU, Fairhaven, Blvd Park, and central Bellingham, it features two identical units, each having one bedroom, a bathroom, kitchen, living room, and a private

Wayne Kwiatkowski Coldwell Banker Bain

$116K INSTANT EQUITY + Irrigation Water Rights + Dividable Property! Appraised at $965K, this 10.42-acre property features a charming 4-bed + bonus room farmhouse, 3960 sqft dairy barn w/ separately metered 3-phase 220v power, and verified irrigation water rights from the salmon-bearing creek. Updated kitchen, original hardwood floors, fruit trees, large garden area, and serene pasture views make

Kate Fadden John L. Scott Bellingham

Whether you’re seeking a dream homesite, a smart investment, or a prime development opportunity, this property is for you. With ample space, the options are endless. Nestled on almost 2 acres of beautifully landscaped, park-like grounds, this unique property offers the perfect blend of peaceful living and future potential. A massive newer shop provides room for your projects, storage, or business

Kyle Christensen HomeSmart One Realty

Mid-county, one-level home w/ shops, ADU potential & income opportunities! Nicely updated, this 1,944 SF, 3-bed, 1.75-bath home features an open layout, updated kitchen & new windows (2024)! Step outside to enjoy trails winding through the property & to the pond, plus various fruit trees. Fenced field is ideal pasture land & multiple chicken coops & sheds support a sustainable lifestyle. Property

Joshua Shiflett Windermere Real Estate Whatcom

Light & bright 2-bedroom condo in the heart of Bellingham at The Atrium! This desirable main floor unit features an open floor plan, private deck, and large windows. Freshly updated with brand new carpet and paint throughout. Just a short walk to shops, restaurants, cafes, parks, trails, the Farmer’s Market, and more, offering a lifestyle of convenience and accessibility. Reserved parking spot

Kena Greer Brashear Muljat Group

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

Greg Martineau Gage CRE

Calling all investors! Great investment opportunity in the Birchwood neighborhood. Each unit has 2 Beds, 2 baths and a single car garage. All units are a 2 story townhouse layout with a unique style. Convenient location on a bus line and nearby shopping and schools. Don't miss out on this prime Bellingham rental property!

Jennifer Glyzinski Keller Williams Western Realty

Experience luxury coastal living in this fully renovated Bayview condo perched above State Street with stunning views of Bellingham Bay. Updated from the studs out in 2024, enjoy new roofing, windows, siding, energy-efficient mini-splits with A/C, and a fully modernized interior. Featuring quartz countertops, custom cabinetry, and luxury vinyl plank flooring, this bright, open space offers

Rom Hirss COMPASS

Experience luxury coastal living in this fully renovated Bayview condo perched above State Street with stunning views of Bellingham Bay. Updated from the studs out in 2024, enjoy new roofing, windows, siding, energy-efficient mini-splits with A/C, and a fully modernized interior. Featuring quartz countertops, custom cabinetry, and luxury vinyl plank flooring, this bright, open space offers

Rom Hirss COMPASS

Highly desirable top floor 2 bed/1 bath condo near WWU!This spacious unit has vaulted ceilings and a cozy wood-burning fireplace with a private balcony featuring beautiful views of the trees/mountains and contains extra storage.The updates since seller's ownership include:new carpet,new paint,new washer&dryer,new range hood,new oven,and new fridge.There is 1 reserved parking space close to unit

Stephanie McSorley Hansen Group Real Estate Inc

Prime 3.74-acre Light Impact Industrial property featuring 323 feet of frontage on a busy State Highway that serves as a major connector between the U.S. and Canada. This offering includes two separate parcels of 1.87 acres each, located within the Urban Growth Area (Meridian/Kline/Kelly Road Annexation). Zoning allows for a wide variety of potential uses, including the option for a residential

Keith Cook RE/MAX Whatcom County, Inc.

Well-Maintained 2-Bed, 1.5-Bath Condo with Private Patio. This updated condo offers a comfortable layout and move-in-ready convenience. Situated in a building with just 13 units, the home features a ground-level entry with parking directly out front. Large windows bring in abundant natural light, and the private back patio provides a quiet outdoor space for relaxing/outdoor storage. The main

Michael Hughes RE/MAX Whatcom County, Inc.

Charming studio loft condo in Sudden Valley with golf course frontage and stunning views! This well-kept unit offers an open floor plan, in-unit laundry, two full bathrooms, and a private balcony overlooking the fairway. Efficiently designed with vaulted ceilings and cozy interior spaces. Enjoy all the amenities Sudden Valley has to offer—lake access, trails, marina, pool, and more. A great

Olivia Kyles Hansen Group Real Estate Inc

Investment Opportunity! Great for multi-generational living or enjoying some rental income. 3 bedrooms and 2 baths on the main level with a spacious, newly painted back deck. Downstairs is a 1-bedroom home in the daylight basement with access to the back yard. Both levels have ample living areas, A/C, with a gourmet kitchen on the main. The oversized lot has fruit trees and gardening space. This

Sandy Hicks eXp Realty

Lovely location for home or investment. Big half acre lot on cul-de-sac near Whatcom Falls and Bloedel Parks. City approval for two Lots now. Possible 4 to 6 Lots using infill toolkit. Kulshan M. School, Geneva E. School. Extensive improvements; new water lines, new floors, new applcs, new roof, new furnaces, etc. A good spot to live, easily managed now as a rental. 3902 is 3 bdrm 2 bath home

Glen Whitfield Rainshine Realty

Discover a rare South Hill lot with sweeping westerly views of Bellingham Bay's sunsets, passing weather, sailboats and more. Whether you’re looking for an amazing investment with potential multifamily opportunity or the perfect place to build your dream home, this shy 9,000 sq ft lot offers a rare opportunity in a prime location. Stairway access to the South Bay Trail is just across the street,

Nathan Quessenberry Keller Williams Western Realty

Incredible opportunity to build your dream home on this almost 32 acre lot in the desirable Silverado development just off Axton Road. Located on a quiet cul-de-sac, this gated property offers privacy, space, and easy access to Bellingham amenities. The parcel is lightly treed with a level building area, shared well with the lot next to it which is also for sale. With CC&Rs in place to protect

Ronda Karn RE/MAX Whatcom County, Inc.

Location Location. Charming cottage on over half an acre - the perfect blend of space and convenience located minutes to shopping and dining. A great starter home or investment property, this 2 bed 1 bath has an efficient layout with new paint, carpet and water heater. Outside gives room to expand, garden, entertain or just enjoy having space. Multiple outbuildings provide options for animal

Dana Stuth Coastal Realty

Looking for a comfortable primary home or investment? This spacious 2-bedroom, 2-bath home is priced to sell and offers comfort, convenience, and incredible value. Relax on the spacious covered porch, let pets roam in the fenced yard, and enjoy two storage sheds for extra space. Ideally located in the heart of Bellingham and close to WWU, this home provides easy access to shopping, dining,

Tammy Parker RE/MAX Whatcom County, Inc.

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 large 2 car garage. 2 beautiful Sequoia trees on back of property. Well maintained and being sold by the original owner. Don't miss out on this great investment opportunity. Unit 2316 just updated laminate vinyl flooring and is Vacant. Rents have upside.

Ron Kulman Birch Bay Realty Inc.

Prime Sehome Hill triplex just minutes from WWU—ideal for investors or owner-occupants. Main home offers 3 or 4 bedrooms & 1.5 baths; perfect investment or for living on site while generating income basically at the cost of buying a single home. Two additional units (stand alone duplex style at rear of parcel). These 1 bed/1 bath units provide steady rental potential in a high-demand area.

Nav Narwal Coldwell Banker Bain

Turnkey 4-Plex near Whatcom Community College and Bellis Fair Mall - Prime Investment Opportunity! Located just steps from the grocery store and the major retail corridor of Bellingham, this property offers income and long-term upside potential. Each unit features 2 bedrooms and 2 bathrooms with spacious layouts, fireplace, updated appliances, designated parking, nearby bus lines and in-unit

Ian Steger Muljat Group

Excellent investment opportunity in Bellingham’s sought-after Puget Neighborhood. This 4-bedroom, 2-bath home offers over 1,200 sqft of living space on a large corner lot with a fully fenced yard. The property features multiple outbuildings, ample off-street parking, and strong potential for an ADU. Inside, you'll find a functional layout, large kitchen and plenty of storage, plus a daylight

Micah Klemmeck eXp Realty

Extremely unique opportunity to develop your dream, vacation, or investment home on this ~1 Acre property in Sudden Valley! Comprised of six parcels, 1 Southern Ct ensures privacy and flexibility with lake views at the apex of the lot and nearby waterfalls. With access to all amenities of the Valley - marina, dog park, walking trails, parks, 18-hole championship golf course, it has everything you

Sydney Weitzel RE/MAX Whatcom County, Inc.

Discover a prime investment opportunity with this triplex property. It includes a single-family home alongside a newer built 3-bedroom, 2-bathroom duplex. Each unit comes with dedicated parking. The residents enjoy the tranquility of a dead end street with minimal traffic, as well as the convenience of proximity to Roosevelt Park, Barkley Village, the Railroad trail system, and easy access to

Erika Buse COMPASS

Prime development opportunity: 4.13 acres of pristine flat terrain bordering the prestigious Bellingham Golf & Country Club. This exceptional parcel comes fully entitled for 67 townhomes with preliminary plat approval already secured. Future residents will enjoy ideal location along 8th and 9th holes in this coveted location offering seamless connectivity—minutes from downtown Bellingham, the

Greg Martineau Gage CRE

Built in 2022, this modern tri-plex offers 3 spacious units, each with 3 bedrooms, 2 bathrooms, and an attached 2-car garage. Meticulously designed for style and convenience, every unit features quartz countertops, air conditioning, primary bedroom with an en-suite, full washer/dryer, air exchanger, and a wired alarm system. Enjoy the low-maintenance lifestyle with fenced grassy front areas for

Ronda Karn RE/MAX Whatcom County, Inc.

GSI $183,000 ($15,270/mo) - WWU Multi-Family. Cap 5.75% - Tenant(s) pay all utilities. No Vacancies - Owner Built - As New - No Deferred Maintenance - Impeccable. Fully pre-leased thru summer 2026 with co-signers! Recently Appraised At $2,850,000. Mix 4 & 6 Bdrm Townhouse/Flats. 1,650 to 2,200 sq. ft. 9 foot ceilings - Oversized bdrms/baths - Full size washer/dryers. Decks/Patios. Designed as

Jared English Congress Realty

Attention Investors: No rental cap! Great Rental Location. Cozy & convenient, ideal for personal home or as an investment. 2 bed with loft, 1 spacious bath. This Untit has a generous open feel with 13 foot ceilings, (benefit of being on the top floor) smart layout & ample light in this outside corner unit. Fully equipped kitchen, charming balcony overlooking common courtyard. Dedicated, secure

Becki Taylor Windermere Real Estate Whatcom

Welcome to this beautifully remodeled 3-bed, 1-bath home with thoughtful updates. This move-in-ready gem boasts a newly renovated kitchen with new cabinets, sleek countertops, and stainless steel appliances, perfect for home chefs and entertaining guests. The home features all-new flooring and doors, and the bathroom has been tastefully updated. A brand new roof and fresh insulation in both the

Tarnjot Brar Coldwell Banker Bain

Prime Development Opportunity! Seize this rare chance to own 16.94 acres of level, dry land in North Bellingham! Priced competitively at just $850k this property is ideal for development, agriculture, or investment. Featuring stunning territorial and mountain views, its strategic location offers a blend of rural serenity and urban convenience. Property Highlights • Electricity and gas

Dave Campbell Keller Williams Western Realty

Great Investment. 1 Acre corner lot. Build to your needs. Zoned Commercial. 20,000+ in daily traffic. Bus stop right in front of the property. Excellent location in middle of Ferndale, Bellingham and Lynden.

Charles Vogel Home Haven Real Estate LLC

35.38 acre parcel available near new Costco and new residential developments. Zoned Light Industrial. The Bakerview/Pacific Highway area of Bellingham has seen a significant increase of traffic with the addition of new retailers and homes. Don't miss this investment opportunity. Seller financing available.

Gabrielle Balolia RE/MAX Whatcom County, Inc.