Listed by Hammer Properties NW Inc.
$4,995,000

1309 Billy Frank Jr St Bellingham, WA 98225

York Neighborhood

Estimated payment $26,605/month

Total Views 169
30 Beds
13 Baths
11,094 Sq Ft
$450 Price per Sq Ft

Highlights

  • Hot Property
  • Bay View
  • No HOA
  • Fairhaven Middle School Rated A-
  • Secluded Lot
  • Thermal Windows

About This Home

Prime investor opportunity in Downtown Bellingham’s Urban Village. This 3-year-old, 13-unit building offers modern construction, low operating costs, and strong tenant demand in a highly walkable core location. Units feature contemporary finishes and efficient systems designed for long-term durability. Units have full appliance suite: range, fridge, dishwasher, washer+dryer. Ten parking spaces can be rented separately. There is a bike storage room and a bus stop out front. Five years remain on the Multi-Family Tax Exemption (MFTE), providing valuable tax savings and enhancing projected returns. With stable occupancy and minimal maintenance needs, this turnkey asset is ideal for investors seeking steady performance and future appreciation.

Listing Agent

Nikki Quinn

Hammer Properties NW Inc. License #83115 Listed on: 12/11/2025

Co-Listing Agent

Mike Hayes

Hammer Properties NW Inc. License #18803

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2459615

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 2022

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55x125
  • Gated Home
  • Secluded Lot
  • Sprinkler System
  • Property is in very good condition

Property Views

  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 11,094 Sq Ft Home
  • 4-Story Property
  • Thermal Windows
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 13 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • New Whatcom Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 97
  • Assessor Parcel Number 3803303630040000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,967

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2022
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: New Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 11094
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 30
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Fire Sprinklers,See Remarks,Thermal Windows

Exterior Features

  • Roof: Flat
  • View: Bay, City, Mountain(s), Territorial
  • Lot Features: Alley, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Concrete, Metal/Vinyl
  • Exterior Features: Brick, Cement/Concrete, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • CableConnected: various
  • InternetConnected: various

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: 3803303630040000
  • Lot Size Acres: 0.16
  • Lot Size: 55x125
  • Lot Size Sq Ft: 6970
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gated Entry,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: WCA
  • ZoningJurisdiction: City
  • LotNumber: 11

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.43
  • LeasedItems: None
  • TotalMonthlyIncome: 24700

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3967.42

Multi Family

  • Number Of Units Total: 13
  • Electric Expense: 5396
  • EnergySource: Electric
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Lowell Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 For Sale $4,995,000 -- $450 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2459615

Northwest Multiple Listing Service (NWMLS)
Washington Whatcom County Bellingham 98225 York

1309 Billy Frank Jr St, Bellingham, WA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Nikki Quinn
Listing Agent
Nikki Quinn
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Hammer Properties NW Inc.
(360) 504-4802