This is a rare find of a 4 plex that is almost 120 years old with good "bones" and character. One unit (#5) has a partial bay view and the others all have tall ceilings and long term tenants. These are all one bed/one bath units and there is off alley parking which is dedicated to the tenants. There is even a small lawn between the building and the parking area. There is asbestos siding which appears to be in good condition. The Seller has had this property for 35 years and it has always had tenants due to its awesome location and proximity to Downtown and WWU, he has not lived in the area for a number of years, however, if the building and units were improved the rental rates could be much higher. All four leases are 1 year.
Introducing to this fantastic single level, Happy Valley duplex! Situated on a huge lot on the Southside of Bellingham. If you are looking for the perfect investment with the potential for additional structures or expansion of the existing, look no further! Featuring 3bd/2ba and 2bd/1ba units, another great option is live in one side and bring in rental income on the other! With amazing trails,
This DUPLEX is located in the heart of Bellingham; only a few blocks from Trader Joe's, Sunset Square 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. Major updates include: new fully fenced yard and outdoor deck, laminate flooring, new
Income producing Triplex in Bellingham! 2- Two bd units & 1- One bd unit. Building is fully rented! All units are ground floor and offer single level living. Property sits on a spacious corner lot, with partially fenced yard, and six dedicated parking spots. 1 bedroom unit was recently updated with bath remodel and new flooring. NEW ROOF installed in May '25. Laundry on site. Convenient central
Great floor plan one unit all up rambler style separated by the garage second unit all ground level rambler style, main floor unit has a gas fireplace. Each have a one car garage, both units have newer forced air gas furnaces, newer exterior paint, newer roof. Both units have 2 bedrooms 2 full baths, large living rooms and large kitchens with eating areas both units have large private decks.
Collateral Analytics
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ICE
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First American
First American
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Quantarium
Quantarium
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Purchase History
Date
Buyer
Sale Price
Title Company
Gergen Brianna
$625,000
Chicago Title
Estates Cole-Graham
--
Chicago Title
Cornia Greg
--
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Gergen Brianna
$468,750
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
04/30/202404/30/24
Sold
$625,000
-3.8%
$313 / Sq Ft
03/22/202403/22/24
Pending
--
--
--
12/22/202312/22/23
Price Changed
$650,000
-17.5%
$326 / Sq Ft
07/29/202307/29/23
Price Changed
$787,500
-10.0%
$395 / Sq Ft
02/28/202302/28/23
For Sale
$875,000
--
$439 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1115 N Forest St, Bellingham, WA 98225 since 28 February 2023 and is currently estimated at $717,977, approximately $360 per square foot. This property was built in 1904. 1115 N Forest St is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome High School.
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