Seller's Agent in 2025
Jacson Bevens
Windermere Real Estate Whatcom
(360) 223-6263
5 in this area
130 Total Sales
Rare 6+% cap rate on this well-maintained 4-plex in a cute Lynden neighborhood! Featuring a 3-bed house + triplex on a single corner lot, this unique opportunity combines a strong financial profile with a great location. Generating over $91k GSI + $69k NOI, this property offers robust cash flow on top of future appreciation. Triplex units are all 2-bed/2-bath + have been remodeled/updated in the last year. All units have own laundry + 1-car garage. Triplex updates include flooring, paint, appliances, and counters. Financials reflect current professional management of 7% w/ self-managed potential for a 6.7% cap rate! Presents a tremendous 1031 option as well!
Last Agent to Sell the Property
Windermere Real Estate Whatcom License #127233 Listed on: 01/16/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2322702
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,125,000 | Chicago Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $239,000 | Chicago Title Insurance |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | VA | |
| Previous Owner | $290,000 | Construction |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $1,125,000 | -2.2% | $300 / Sq Ft |
| 01/26/2025 01/26/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | For Sale | $1,150,000 | -- | $307 / 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 |
|---|---|---|---|---|
| 2025 | $6,148 | $869,534 | $300,108 | $569,426 |
| 2024 | $5,738 | $811,861 | $266,750 | $545,111 |
| 2023 | $5,738 | $799,145 | $275,000 | $524,145 |
| 2022 | $5,932 | $779,137 | $234,663 | $544,474 |
| 2021 | $5,818 | $643,907 | $193,934 | $449,973 |
| 2020 | $5,096 | $574,932 | $173,160 | $401,772 |
| 2019 | $4,533 | $527,282 | $158,990 | $368,292 |
| 2018 | $4,955 | $480,880 | $144,833 | $336,047 |
| 2017 | $4,637 | $431,631 | $130,000 | $301,631 |
| 2016 | $4,377 | $429,634 | $132,000 | $297,634 |
| 2015 | $3,879 | $403,363 | $126,960 | $276,403 |
| 2014 | -- | $389,696 | $122,640 | $267,056 |
| 2013 | -- | $387,056 | $120,000 | $267,056 |
Seller's Agent in 2025
Jacson Bevens
Windermere Real Estate Whatcom
(360) 223-6263
5 in this area
130 Total Sales
Buyer's Agent in 2025
Simon Karavai
Windermere Corporate
(206) 565-6007
1 in this area
83 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2322702
APN: 400320-504526-0000