Fully Remodeled 4-plex in Geneva with a strong 6% cap rate. Three 3BD/1BA units and one 2BD/1BA, all upgraded with quartz counters, new flooring, appliances, and fixtures. Includes private storage, 2 garages (4-car), and extra parking. Set on 1.47 acres near Whole Foods, Lake Whatcom, parks, and top schools. Prime location, strong cash flow, and high rental demand!
Coldwell Banker BainLicense #128115Listed on: 05/28/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2382573
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$12,092
Year Built
Built in 1972
Lot Details
1.47 Acre Lot
Street terminates at a dead end
Home Design
Quadruplex
Poured Concrete
Composition Roof
Wood Composite
Interior Spaces
4,066 Sq Ft Home
2-Story Property
Vinyl Plank Flooring
Territorial Views
Bedrooms and Bathrooms
11 Bedrooms
4 Bathrooms
Parking
10 Parking Spaces
4 Covered Spaces
Open Parking
Outdoor Features
Deck
Utilities
Baseboard Heating
High Speed Internet
Cable TV Available
Community Details
No Home Owners Association
Geneva Subdivision
Listing and Financial Details
Assessor Parcel Number 3803342474610000
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$12,092
Year Built
Built in 1972
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 54 - 4-Plex
Year Built: 1972
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 4066
Special Features: None
Interior Features
Possible Use: Multi-Family
Total Bedrooms: 11
Fireplace: No
Flooring: Vinyl Plank
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Amenities: Coin Op Laundry
Exterior Features
Roof: Composition
View: Territorial
Lot Features: Dead End Street
View: Yes
Waterfront: No
Construction Type: Wood
Exterior Features: Wood Products
Foundation Details: Poured Concrete
Structure Type: Quadruplex
Garage/Parking
Carport Y N: No
Covered Parking Spaces: 4
Open Parking Spaces: 6
Open Parking: Yes
Total Parking Spaces: 10
ParkingUncoveredSpaces: 6
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling: None
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
WaterSewerGarbage: 4555
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Bellingham
Lot Info
Parcel Number: 3803342474610000
Lot Size Acres: 1.47
Lot Size Sq Ft: 64033
Zoning Description: Multi-Family
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV,Deck,High Speed Internet
MLSLotSizeSource: Realist
Green Features
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 12.78
LeasedItems: None
TotalMonthlyIncome: 9115
Multi Family
Gross Scheduled Income: 109380
Net Operating Income: 85462
Number Of Units Total: 4
Electric Expense: 948
Insurance Expense: 3923
Leasable Area: 4066
EnergySource: Electric
UnitsInBuildingTotal: 4
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2025
Tax Annual Amount: 12092
Map
Range of Values:
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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
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.
Land
Improvement
2024
$11,613
$1,318,828
$684,863
$633,965
2023
$11,613
$1,352,335
$702,263
$650,072
2022
$9,277
$979,932
$508,875
$471,057
2021
$8,025
$852,115
$442,500
$409,615
2020
$6,368
$722,131
$375,000
$347,131
2019
$5,752
$563,146
$263,340
$299,806
2018
$5,928
$522,515
$244,340
$278,175
2017
$5,384
$458,724
$214,510
$244,214
2016
$5,002
$434,345
$203,110
$231,235
2015
$4,958
$422,562
$197,600
$224,962
2014
--
$406,310
$190,000
$216,310
2013
--
$403,355
$180,000
$223,355
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
05/28/202505/28/25
For Sale
$1,398,000
--
$344 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Great Mutli Family Property with Three -3 BEDROOM units AND 1 Studio and 2 Garages. Right next the Park above South Hill Apartments. Amazing Bays Views, Updated Electrical Breaker w 4 subpanels. Gas Heat. Locking Mailboxes. Good rental income currently with room to go up. 2/4 units leased for the next school year. Very Close to WWU and conveniently located just minutes from Fairhaven and
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
This home is located at 1209 Euclid Ave, Bellingham, WA 98229 and is currently priced at $1,398,000, approximately $343 per square foot. This property was built in 1972. 1209 Euclid Ave is a home located in Whatcom County with nearby schools including Carl Cozier Elementary School, Kulshan Middle School, and Sehome High School.
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