Listed by Muljat Group
$1,300,000

Estimated payment $7,384/month

4 Beds
2 Baths
1,848 Sq Ft
$703 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Fairhaven Middle School Rated A-
  • Vinyl Plank Flooring
  • Dog Run

About This Home

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 been fully renovated and features covered decks, LVP flooring, stainless appliances, quartz counters, and cozy fireplaces. The property has a strong rental history with consistently low vacancy rates. Currently owner managed, the building is fully leased and ready for its next investor. Current leases expire 8/31/2026

Listing Agent

Kena Greer Brashear

Muljat Group License #26557 Listed on: 11/21/2025

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2456816

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,229

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Dog Run
  • Partially Fenced Property

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Happy Vly Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702015281700000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,229

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1848
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Updated/Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3702015281700000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dog Run,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18.87
  • LeasedItems: None
  • TotalMonthlyIncome: 5740

Tax Info

  • Year: 2026
  • Tax Annual Amount: 6229

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Happy Vly Elem

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,134 $761,031 $422,350 $338,681
2023 $6,134 $788,239 $437,450 $350,789
2022 $5,050 $670,846 $372,300 $298,546
2021 $4,798 $541,019 $300,250 $240,769
2020 $4,714 $474,574 $263,375 $211,199
2019 $2,945 $450,474 $250,000 $200,474
2018 $3,045 $282,202 $126,945 $155,257
2017 $2,686 $250,494 $112,680 $137,814
2016 $2,446 $230,659 $103,680 $126,979
2015 $2,407 $218,759 $98,280 $120,479
2014 -- $208,336 $93,600 $114,736
2013 -- $198,344 $90,000 $108,344
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 For Sale $1,300,000 0.0% $703 / Sq Ft
02/10/2025 02/10/25 Off Market -- -- --
01/31/2025 01/31/25 For Rent $2,450 0.0% --
01/20/2025 01/20/25 For Rent -- -- --
01/20/2025 01/20/25 Price Changed $2,450 +21.0% $2 / Sq Ft
01/07/2025 01/07/25 For Rent $2,025 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 Chicago Title Bellingham
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2456816

Northwest Multiple Listing Service (NWMLS)

APN: 370201-528170-0000