Listed by Muljat Group
$1,500,000

Estimated payment $8,458/month

-- Bed
-- Bath
2,231 Sq Ft
$672 Price per Sq Ft

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.

Listing Agent

Kena Greer Brashear

Muljat Group License #26557 Listed on: 11/20/2025

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2456281

Northwest Multiple Listing Service (NWMLS)

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,626

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1904
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2231
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: COB
  • WaterCompany: COB

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3803311613960000
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • GrossRentMultiplier: 21.78
  • LeasedItems: None
  • TotalMonthlyIncome: 5740

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6626

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Natural Gas
  • UnitsBelowGrade: false

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $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
Source: Public Records

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
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $364,000 Chicago Title Bellingham
Warranty Deed $256,000 Whatcom Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,000 Commercial
Previous Owner $204,800 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2456281

Northwest Multiple Listing Service (NWMLS)

APN: 380331-161396-0000