Bellingham, WA Multifamily Homes & Duplexes for Sale

Located in a desirable area of Bellingham, this income-producing property offers strong current cash flow with exceptional long-term development potential. The property includes a recently updated 3-bedroom, 1-bath home renting for $2,500/month and a fully remodeled 2-bedroom, 1-bath apartment bringing $1,600/month. Tenants pay all utilities, and both units feature fully fenced yards and ample

Rachael Wilson RE/MAX Whatcom County, Inc.

Investor/house hack opportunity on Alabama Hill. Duplex-style setup with strong income potential and future upside in a quiet, established neighborhood near parks and amenities, with quick access to I5. Upper unit offers 4 beds/2 baths, light bright living space and recently remodeled 3/4 "guest bath" and a spacious primary suite, 5-piece ensuite, and private deck. Lower unit is a fully separate

Tim Cornwell eXp Realty

Ideal tenant-occupied investment duplex in one of Bellingham’s prime neighborhoods. This well maintained, spacious duplex is being sold with strong income in place and flexible timing. This thoughtfully designed 2006-built duplex features two mirrored 3-bedroom, 2.5-bath units, each with open-concept main-level living, gas fireplace, spacious kitchen with dining area, and attached 2-car garage.

Alana Mey COMPASS

A rare opportunity to own a beautifully updated triplex in one of Bellingham’s most beloved downtown neighborhoods. Located just blocks from the courthouse, professional offices, and PeaceHealth St. Joseph Medical Center, this property offers a lifestyle of connection and convenience, with strong and steady rental potential.Thoughtfully taken down to the studs and rebuilt with care, nothing was

Tobi Smukler Real Broker LLC

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—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek

Lorrie Dujmovich Windermere RE Whatcom, Inc.

Main floor leased through June '26. Upstairs leased through October 26'. With DADU permitting studio could rent for $1,500+ a month, for $6,040 total. Looking up from the sidewalks of Jersey Street, you'll discover this charming restored Victorian duplex in the desirable Sehome neighborhood. Potential to convert back to a single-family home. Grandfathered as a legal duplex, it sits on a bright,

Robert Macdonald Lake & Company

Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This

Nav Narwal Coldwell Banker Bain

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

Jason Lee Windermere RE Whatcom, Inc.

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

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.

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

Fully restored Victorian duplex offering immediate income and major future upside in a convenient in-town Bellingham location. Rebuilt down to the studs, this unique property blends historic character with extensive improvements, creating a rare opportunity for investors or buyers seeking both cash flow and long-term potential. As currently configured, the duplex offers projected rental income of

Keith Cook RE/MAX Whatcom County, Inc.

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

Jason Lee Windermere RE Whatcom, Inc.

"Investment opportunity! This DUPLEX is located in the heart of Bellingham; only a few blocks from Trader Joe's and a short 5 minute drive to downtown. Each unit boasts an open layout with 2 bedrooms & 2 bathrooms. Each has all appliances including washer/dryer, 4 off street parking spaces and detached storage sheds. Upstairs unit recently (December 2025) underwent full renovation including new

Don Oneida eXp Realty

Attractive investment opportunity featuring well-maintained units with durable laminate flooring, vinyl windows, upgraded trim and doors, and clean, functional interiors. Each unit is equipped with in-suite washer and dryer, pantry storage, and linen closets - features that enhance tenant appeal and retention. The property benefits from light, open layouts and a highly accessible location

Ryan Martin Pacific Continental Realty LLC

Rare 20-plex in fantastic Bellingham location! 3330 Northwest Avenue features twenty 888 SF, 2-bedroom, 2-story townhouse-style units, each with private back patios & in-unit laundry. Continuous low-vacancy & promising future upside potential make this a fantastic investment opportunity. The property, comprised of two 4-plexes & two 6-plexes, backs up to the Bellingham Golf & Country Club,

Elizabeth Wolfe Windermere RE Whatcom, Inc.

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

Michelle Harrington COMPASS