Listed by eXp Realty
$1,099,990
$50K PRICE DROP

357 Martin St Blaine, WA 98230

Estimated payment $6,314/month

Total Views 3,735
5 Beds
3 Baths
3,000 Sq Ft
$367 Price per Sq Ft

Highlights

  • City View
  • Baseboard Heating
  • High Speed Internet
  • No HOA

About This Home

Prime investment opportunity in the heart of Blaine! This recently remodeled 3,000 sq. ft. mixed-use building offers both residential and commercial benefits. The upper level features two separate remodeled 750 sq. ft. living spaces, each with two bedrooms and one full bath, upgraded with custom cabinets, luxury vinyl flooring, tile, new appliances, doors, and windows. The building has been enhanced with new cement board siding, composite stairs, and a new roof for extended durability. The main level includes retail space, three offices, and an additional living area. Parking is available off a newly paved alley or on the street. All units are currently occupied. Conveniently located just minutes from I-5 and the Canadian border.

Listing Agent

Gatlin McConnell

eXp Realty License #21035539 Listed on: 04/01/2025

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2352694

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1990

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Blaine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4051015545260000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,864

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1990
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3000
  • Special Features: None
  • Cumulative Days on Market: 127

Interior Features

  • Possible Use: Business, See Remarks
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, Flat
  • View: City
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: City of Blaine
  • SewerCompany: City of Blaine
  • WaterCompany: City of Blaine
  • CableConnected: Xfinity
  • InternetConnected: Xfinity/Ziply
  • WaterSewerGarbage: 1668

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 4051015545260000
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Zoning Description: Business,See Remarks
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 6700

Multi Family

  • Gross Scheduled Income: 83400
  • Net Operating Income: 70449
  • Number Of Units Total: 7
  • Electric Expense: 2919
  • Insurance Expense: 2100
  • Leasable Area: 3000
  • EnergySource: Electric
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2864

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Average Value
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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 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 $2,393 $420,536 $162,908 $257,628
2023 $2,393 $355,217 $152,250 $202,967
2022 $2,320 $355,217 $152,250 $202,967
2021 $2,400 $265,820 $80,247 $185,573
2020 $2,494 $250,774 $75,705 $175,069
2019 $2,481 $250,774 $75,705 $175,069
2018 $2,756 $243,470 $73,500 $169,970
2017 $2,457 $243,470 $73,500 $169,970
2016 $2,357 $243,470 $73,500 $169,970
2015 $2,537 $225,280 $74,025 $151,255
2014 -- $236,880 $77,175 $159,705
2013 -- $236,880 $77,175 $159,705
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $1,099,990 -4.3% $367 / Sq Ft
04/01/2025 04/01/25 For Sale $1,149,990 -- $383 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 Whatcom Land Title
Warranty Deed $560,000 Whatcom Land Title
Warranty Deed $275,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $206,000 Commercial
Previous Owner $120,000 Credit Line Revolving
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2352694

Northwest Multiple Listing Service (NWMLS)

APN: 405101-554526-0000

Washington Whatcom County Blaine 98230

357 Martin St, Blaine, WA

This home is located at 357 Martin St, Blaine, WA 98230 and is currently priced at $1,099,990, approximately $366 per square foot. This property was built in 1990. 357 Martin St is a home located in Whatcom County with nearby schools including Blaine Primary School, Blaine Elementary School, and Blaine Middle School.

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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Listing Agent
Gatlin McConnell
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eXp Realty
(888) 877-9315