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Bellingham, WA Multifamily Homes & Duplexes for Sale

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  • /40

    $725,000

    • 5 Beds
    • 2 Baths
    • 1,632 Sq Ft

    1234 Grant St, Bellingham, WA 98225

    Updated turn of the century duplex in the Historic York neighborhood. Rent out both units or live in one & rent the other. The 3 bedroom lower unit & 2 bedroom upper unit are highly desirable & provided years of near zero vacancy rent. Rebuilt garage & 3 off-street/alley parking spots. Potential for another unit in the 442 sqft garage with electric & plumbed for water. Newer main roof & gutters,

    Christine Farkas BHHS Bayside Realty

    1234 Grant St, Bellingham, WA 98225
  • /33

    $650,000

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft

    1007 22nd St, Bellingham, WA 98225

    Great investment opportunity between Campus and Fairhaven! Situated within a short walk from Western's vibrant community, this delightful duplex offers both style and convenience. Fresh updates include a new roof, gutters, and a crisp coat of paint, ensuring it’s move-in ready. This versatile property features an upper unit with an updated kitchen, 3 bedrooms, and a full bath. Step out onto the

    Michelle Harrington COMPASS

    1007 22nd St, Bellingham, WA 98225
  • /6

    $474,999

    • 2 Beds
    • 2 Baths
    • 936 Sq Ft

    500 Gladstone St, Bellingham, WA 98225

    This rare duplex opportunity features two 1-bedroom, 1-bathroom apartments, each with an equal amount of square footage in a daylight basement—ideal for garage use, storage, or a personal workspace. The property sits just a short distance from Nelson’s Market and Café, offering the charm and convenience of this beloved neighborhood. The long-term tenant in 504 recently signed a new lease at

    David Hovde Windermere Real Estate Whatcom

    500 Gladstone St, Bellingham, WA 98225
  • /16

    $925,000

    • 4 Beds
    • 4 Baths
    • 1,872 Sq Ft

    5 XX Gladstone St, Bellingham, WA 98225

    This rare property offers exceptional flexibility—operate it as a 4-plex or as two separate duplexes. Each apartment features 1 bdrm and 1 bath, along with an equal amount of square footage in a daylight basement that can function as a garage, storage area, or workspace. Ideally located just a short distance from Nelson’s Market and Café, offering walkability and long-term rental appeal. All

    David Hovde Windermere Real Estate Whatcom

    5 XX Gladstone St, Bellingham, WA 98225
  • /13

    $474,999

    • 2 Beds
    • 2 Baths
    • 936 Sq Ft

    508 Gladstone St, Bellingham, WA 98225

    Unique duplex in a highly sought-after neighborhood. Each apartment has a one bedroom, one bathroom with a duplication of square footage below in a daylight basement which could be used as a garage, storage and/or workspace. Ideally located a short distance from Nelson's market and cafe. Apartments have been rented to long-term tenants for many years but due to no lease information we had to

    David Hovde Windermere Real Estate Whatcom

    508 Gladstone St, Bellingham, WA 98225
  • /14

    $1,300,000

    • 4 Beds
    • 2 Baths
    • 1,848 Sq Ft

    1100 23rd St, Bellingham, WA 98225

    Outstanding Southside duplex perfectly positioned in Happy Valley, just blocks to Western Washington University and the Sehome Hill Arboretum. Enjoy quick access to Fairhaven, downtown, trails, parks, restaurants, shopping, schools, and outdoor recreation. This well located property places tenants in the heart of Bellingham’s most desirable amenities. Each two bedroom townhouse style unit has

    Kena Greer Brashear Muljat Group

    1100 23rd St, Bellingham, WA 98225
  • /32

    $1,500,000

    • 2,231 Sq Ft

    616 E Myrtle St, Bellingham, WA 98225

    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

    Kena Greer Brashear Muljat Group

    616 E Myrtle St, Bellingham, WA 98225
  • /34

    $2,400,000

    • 8 Beds
    • 4 Baths
    • 12,255 Sq Ft

    4777 Guide Meridian Rd, Bellingham, WA 98226

    Motivated Seller! 7% 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—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights,

    Robert Sandoz Windermere Real Estate Whatcom

    4777 Guide Meridian Rd, Bellingham, WA 98226
  • /19

    $1,099,000

    • 7 Beds
    • 4 Baths
    • 3,456 Sq Ft

    2312 Orleans St, Bellingham, WA 98229

    Prime investment opportunity in Bellingham! This well-maintained fourplex offers strong income potential and future development options on the back portion of the lot. The property features three spacious 2BD/1BA units and one 1BD/1BA unit, plus an on-site coin-op laundry for added income. Located in a central area close to shopping, restaurants, parks, and freeway access, it’s ideal for

    Anthony Zapata Keller Williams Western Realty

    2312 Orleans St, Bellingham, WA 98229
  • /12

    $1,400,000

    • 6 Beds
    • 6 Baths
    • 4,463 Sq Ft

    1227 Puget St, Bellingham, WA 98229

    First time on market! Incredibly private 4-plex in highly sought after neighborhood. Completely remodeled and expanded in 2012, this was built with being a potential home-health care business in mind. It is surrounded by 10' tall hedges giving tenants a country feel in the city. Plenty of parking and close to shopping, bus lines, parks, and schools. Largest unit has sole use of an attached

    Patrick Starr John L. Scott Bellingham

    1227 Puget St, Bellingham, WA 98229
  • /38

    $1,795,000

    • 15 Beds
    • 8 Baths
    • 4,800 Sq Ft

    923 24th St, Bellingham, WA 98225

    Come take a look at 919-923 24th St in Bellingham—a fully occupied multi-unit property priced at $1.83 million. This special investment offering includes a 7 bedroom home and a separate duplex, each unit boasting four bedrooms. Generating approximately $132,000 in annual gross rent (over 5% cap rate), this property is a good investment opportunity with its prime location close to Western

    Jon Rockwood eXp Realty

    923 24th St, Bellingham, WA 98225
  • /20

    $825,000

    • 644 Sq Ft

    1302 Larrabee Ave, Bellingham, WA 98225

    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

    1302 Larrabee Ave, Bellingham, WA 98225
  • /38

    $1,400,000

    • 8 Beds
    • 8 Baths
    • 4,690 Sq Ft

    2850 W Maplewood Ave, Bellingham, WA 98225

    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

    2850 W Maplewood Ave, Bellingham, WA 98225
  • /30

    $680,000

    • 4 Beds
    • 2 Baths
    • 2,352 Sq Ft

    1825 E Sunset Dr, Bellingham, WA 98226

    Well Maintained Duplex in Prime Bellingham Location! Spacious 2-bed, 1-bath units with single-level living, updated flooring, kitchen cabinets, and granite bathroom counters. Features include a brick fireplace mantel, private storage, and a shared yard with a deck and garden. All appliances are included. Each unit comes with three dedicated parking spaces and a private storage area. Located near

    Jake Reijm Coldwell Banker Bain

    1825 E Sunset Dr, Bellingham, WA 98226
  • /23

    $795,000

    • 6 Beds
    • 4 Baths
    • 2,473 Sq Ft

    2316 Xenia St, Bellingham, WA 98229

    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 with laminate vinyl flooring. Rents have upside. Seller

    Ron Kulman Birch Bay Realty Inc.

    2316 Xenia St, Bellingham, WA 98229
  • /24

    $849,900

    • 5 Beds
    • 4 Baths
    • 2,224 Sq Ft

    615 E Myrtle St, Bellingham, WA 98225

    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

    615 E Myrtle St, Bellingham, WA 98225
  • /40

    $1,450,000

    • 8 Beds
    • 8 Baths
    • 5,992 Sq Ft

    344 E Bellis Fair Pkwy, Bellingham, WA 98226

    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

    344 E Bellis Fair Pkwy, Bellingham, WA 98226
  • /34

    $998,000

    • 9 Beds
    • 5 Baths
    • 3,300 Sq Ft

    2330 Verona St, Bellingham, WA 98229

    With the recent rent increases, the property is now offering a 6% cap rate. 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

    Erika Buse COMPASS

    2330 Verona St, Bellingham, WA 98229
  • /12

    $2,050,000

    • 9 Baths
    • 6,625 Sq Ft

    2500 Cornwall Ave, Bellingham, WA 98225

    6 multi-family studio apartments, plus 3 commercial office spaces in this highly desirable location on the corner of Alabama and Cornwall Ave. It is currently fully occupied.

    Brian Finnegan WestCom Properties Inc.

    2500 Cornwall Ave, Bellingham, WA 98225

Why Live in Bellingham

Bellingham's waterfront Boulevard Park provides stunning views of Bellingham Bay, the San Juan Islands, and Chuckanut Mountains, with the Taylor Dock boardwalk connecting to the historic Fairhaven district. The city features four waterfalls at Whatcom Falls Park and extensive hiking trails at Lake Padden, where residents enjoy swimming, kayaking, and disc golf. The downtown Arts District houses galleries, theaters, and music venues, including the restored Mount Baker Theatre. Local dining highlights include fresh seafood at Anthony's at Squalicum Harbor and handcrafted beers at Boundary Bay Brewery & Bistro.

The median sale price for homes in Bellingham is $665,000. Single-family homes in the South Hill neighborhood command a median price of $1,121,000, while the York neighborhood has a median price of $572,500. The Fairhaven district features condos with median prices of $420,000 for one bedroom and $614,500 for two bedrooms. The City Center area's two-bedroom condos have a median price of $732,500.

The cost of living in Bellingham sits 20.8% above the national average. A family with school-age children needs an annual salary of $126,000 to live comfortably, with monthly housing costs around $3,400. The property tax rate is 0.71%, lower than nearby cities like Mount Vernon at 0.82%. Washington state has no general income tax but maintains a 9.43% combined sales tax rate. Gasoline costs $4.096 per gallon, exceeding the national average of $3.243.

Public education includes highly rated Sehome High School and Bellingham High School. Private options feature the A+ rated Assumption Catholic School. Western Washington University maintains a significant presence in the community. The Whatcom Transportation Authority provides bus service throughout the city, complemented by dedicated bike lanes and trails.

Home Trends in Bellingham, WA

Housing Trends

Median Sale Price
$639,500
Median Single Family Sale Price
$695,000
Median Townhouse Sale Price
$1,282,500
Median 2 Bedroom Sale Price
$425,000
Median 1 Bedroom Sale Price
$325,000
Average Price Per Sq Ft
$437
Number of Homes for Sale
207
Last 12 months Home Sales
1,126
Months of Supply
2.20
Median List Price
$649,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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