Estimated Value: $859,951 - $1,137,000
Highly desirable 4-plex right in the heart of Bellingham. Easy access to shopping, WWU campus, downtown, and near bus routes. These units are currently under market rent. Rents are scheduled to go up in August 2023 to $1300 per unit. Opportunity to bring rents higher up to current market value. Newer roof and some interior remodeling done in the last 3 years.
Last Agent to Sell the Property
Windermere Real Estate Whatcom License #35238 Listed on: 05/31/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2074264
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Flooring
Parking
Schools
Utilities
Community Details
Listing and Financial Details
$1,094,000
Investment Opportunity in the core of Bellingham! This building and each of its units offer the best of both worlds. The entire property is functional and efficient with a great balance of comfort for tenants while sustaining a low-maintenance practicality for a conscious/discerning landlord. You will appreciate the easy-care vinyl siding, surrounding plant beds and simple to maintain flat lawn.
Anthony Petz Petz Real Estate
$868,000
Great Investment Opportunity – 1540 & 1542 E Maryland St, BellinghamThis well-maintained duplex offers strong rental income potential in a prime location. Each unit features spacious livingareas, modern kitchens, ample storage, and off-street parking. Tenants enjoy a shared yard and proximity to downtownBellingham, shopping, dining, and I-5 access. Consistently rented, this property is ideal for
Jacqueline Kubitz Sterling Real Estate Group
$868,000
Great Investment Opportunity – 1546 & 1548 E Maryland St, BellinghamThis well-maintained duplex offers strong rental income potential in a prime location. Each unit features spacious livingareas, modern kitchens, ample storage, and off-street parking. Tenants enjoy a shared yard and proximity to downtownBellingham, shopping, dining, and I-5 access. Consistently rented, this property is ideal for
Jacqueline Kubitz Sterling Real Estate Group
$1,095,000
Great Investment Property!! Fully occupied, professionally managed, and well kept triplex in a very sought after location that is only steps away from the Western Washington University park & ride, Whole Foods, restaurants, shopping, and I-5. A great mix of floorplans with two spacious townhome style 2 bedroom and 3 bath units, and one level 3 bedroom, 2 bath unit. All three units are modern,
Chet Kenoyer Windermere Real Estate Whatcom
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Park C A | $825,000 | None Listed On Document |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Park C A | $880,000 | |
| Closed | Park C A | $660,000 | |
| Previous Owner | Scott Julianne | $237,000 | |
| Previous Owner | Scott Julianne | $7,650 | |
| Previous Owner | Scott Julianne | $207,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $825,000 | +6.5% | $226 / Sq Ft |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | Price Changed | $775,000 | -18.4% | $212 / Sq Ft |
| 08/22/2023 08/22/23 | For Sale | $950,000 | 0.0% | $260 / Sq Ft |
| 06/30/2023 06/30/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $950,000 | -- | $260 / Sq Ft |
| 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 | $8,059 | $1,010,170 | $338,668 | $671,502 |
| 2023 | $8,059 | $1,035,827 | $347,270 | $688,557 |
| 2022 | $6,583 | $892,971 | $299,376 | $593,595 |
| 2021 | $6,458 | $708,707 | $237,600 | $471,107 |
| 2020 | $5,552 | $656,210 | $220,000 | $436,210 |
| 2019 | $4,970 | $545,229 | $191,326 | $353,903 |
| 2018 | $5,005 | $489,414 | $171,776 | $317,638 |
| 2017 | $4,318 | $421,370 | $147,890 | $273,480 |
| 2016 | $3,778 | $379,951 | $132,710 | $247,241 |
| 2015 | $3,705 | $346,052 | $121,210 | $224,842 |
| 2014 | -- | $328,323 | $115,000 | $213,323 |
| 2013 | -- | $307,657 | $105,000 | $202,657 |
Seller's Agent in 2023
Jeff Baker
Windermere Real Estate Whatcom
(360) 739-3236
1 in this area
153 Total Sales
Seller Co-Listing Agent in 2023
Mike Kingsley
Windermere Real Estate Whatcom
(360) 296-7292
1 in this area
26 Total Sales
Buyer's Agent in 2023
Paul Rogers
HomeSmart One Realty
(425) 422-5870
1 in this area
11 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2074264
APN: 380330-535180-0000
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