Listed by COMPASS
$998,000
$22K PRICE DROP

Estimated payment $6,234/month

Total Views 1,298
9 Beds
5 Baths
3,300 Sq Ft
$302 Price per Sq Ft

Highlights

  • Territorial View
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Kulshan Middle School Rated A-
  • No HOA
  • Patio

About This Home

Discover a prime investment opportunity with this triplex property. It includes a single-family home alongside a newer built 3-bedroom, 2-bathroom duplex. Each unit comes with dedicated parking. The residents enjoy the tranquility of a dead end street with minimal traffic, as well as the convenience of proximity to Roosevelt Park, Barkley Village, the Railroad trail system, and easy access to bus routes. These units are fully rented and there is potential to increase rents, offering an excellent opportunity to enhance your investment in the vibrant Bellingham area!

Listing Agent

Erika Buse

COMPASS License #125354 Listed on: 06/05/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2387416

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,482

Year Built

  • Built in 2019

Lot Details

  • 7,405 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 12 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Roosevelt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 380320441025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,482

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2019
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 31

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, Metal
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless, Forced Air
  • Cooling Y N: Yes
  • Heating: Ductless, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast
  • WaterSewerGarbage: 2713

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 380320441025
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5695

Multi Family

  • Gross Scheduled Income: 76080
  • Net Operating Income: 57060
  • Number Of Units Total: 3
  • Insurance Expense: 3060
  • Leasable Area: 3300
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8482

MLS Schools

  • Elementary School: Buyer To Verify

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

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 $8,270 $1,036,713 $384,850 $651,863
2023 $8,270 $1,063,046 $394,625 $668,421
2022 $6,756 $916,435 $340,200 $576,235
2021 $6,628 $727,329 $270,000 $457,329
2020 $7,365 $673,453 $250,000 $423,453
2019 $2,275 $723,267 $307,785 $415,482
2018 $2,291 $224,013 $112,028 $111,985
2017 $1,974 $192,867 $96,450 $96,417
2016 $1,728 $173,716 $86,550 $87,166
2015 $1,695 $158,319 $79,050 $79,269
2014 -- $150,208 $75,000 $75,208
2013 -- $136,076 $68,250 $67,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $998,000 -2.2% $302 / Sq Ft
06/27/2025 06/27/25 For Sale $1,020,000 0.0% $309 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $1,020,000 +29.3% $309 / Sq Ft
10/10/2019 10/10/19 Sold $789,000 0.0% $747 / Sq Ft
10/10/2019 10/10/19 For Sale $789,000 +198.3% $747 / Sq Ft
11/17/2017 11/17/17 Sold $264,500 -1.9% $250 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $269,500 -- $255 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $874,700 Chicago Title Insurance
Warranty Deed $264,500 Chicago Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $198,375 New Conventional
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2387416

Northwest Multiple Listing Service (NWMLS)

APN: 380320-441025-0000