616 E Myrtle St Bellingham, WA 98225
Sehome NeighborhoodEstimated payment $8,458/month
Highlights
- Wood Burning Stove
- No HOA
- 2-minute walk to Laurel Park
- Fairhaven Middle School Rated A-
- Carpet
About This Home
Two rental homes on one property offer an incredible opportunity just blocks from Western Washington University. The first home is newer and the second has been completely renovated with modern upgrades. One home features four bedrooms and one bathroom, and the other offers three bedrooms and one bathroom. Both homes include quartz counters, LVP flooring, stainless appliances, and beautiful contemporary finishes. This is an ideal setup for strong rental income, multi generational living, or an owner occupied investment with additional cash flow. Outstanding location close to Western, shopping, parks, and public transit. A true turnkey investment in the heart of Bellingham.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2456281
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,626
Year Built
- Built in 1904
Lot Details
- 4,792 Sq Ft Lot
- Property is in good condition
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 2,231 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
- Carpet
Parking
- 4 Parking Spaces
- Open Parking
Community Details
- No Home Owners Association
- Sehome Subdivision
Listing and Financial Details
- Assessor Parcel Number 3803311613960000
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,459 | $809,517 | $357,908 | $451,609 |
| 2023 | $6,459 | $830,127 | $367,020 | $463,107 |
| 2022 | $3,423 | $703,512 | $311,040 | $392,472 |
| 2021 | $3,358 | $368,494 | $243,000 | $125,494 |
| 2020 | $3,173 | $341,198 | $225,000 | $116,198 |
| 2019 | $2,990 | $311,621 | $203,500 | $108,121 |
| 2018 | $3,009 | $294,385 | $192,308 | $102,077 |
| 2017 | $2,620 | $253,347 | $165,275 | $88,072 |
| 2016 | $2,354 | $230,483 | $150,288 | $80,195 |
| 2015 | $2,163 | $215,586 | $141,763 | $73,823 |
| 2014 | -- | $191,662 | $137,500 | $54,162 |
| 2013 | -- | $170,411 | $123,900 | $46,511 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $1,500,000 | -- | $672 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $364,000 | Chicago Title Bellingham | |
| Warranty Deed | $256,000 | Whatcom Land Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $182,000 | Commercial | |
| Previous Owner | $204,800 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2456281
APN: 380331-161396-0000
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