706 16th St Unit A&B Bellingham, WA 98225
South Hill NeighborhoodEstimated payment $9,856/month
Highlights
- Bay View
- Deck
- No HOA
- Fairhaven Middle School Rated A-
- Softwood Flooring
- Forced Air Heating System
About This Home
Unique Opportunity! Live in an Original Craftsman Duplex with Bay Views on South Hill! Both units live like single-family homes and are mirror-image -- Unit A has 4-beds, Unit B has 2-beds (can be returned to original 3-beds each). They are equally charming and beautiful -- you choose which to live in and rent the other out, or reopen the connecting doorway and make it one big unit! All the character of the 1920s, with fully updated electrical, refinished wood floors, new sewer line. Set on a double lot on one of the most beautiful streets in the city. Shared basement access, with separate laundry and multiple storage areas for each unit. Plus: 2-car garage, large view-facing deck and plenty of garden space. Fully-rented cap rate 4.5%
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2436098
 
                    Open House Schedule
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                        Sunday, November 02, 20252:00 to 4:00 pm11/2/2025 2:00:00 PM +00:0011/2/2025 4:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,602
Year Built
- Built in 1926
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 88x115
- Partially Fenced Property
- Property is in very good condition
Property Views
- Bay
- Territorial
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Stucco
Interior Spaces
- 4,484 Sq Ft Home
- 2-Story Property
Flooring
- Softwood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 2 Parking Spaces
- 2 Covered Spaces
Outdoor Features
- Deck
Schools
- Lowell Elementary School
- Fairhaven Mid Middle School
- Sehome High School
Utilities
- Forced Air Heating System
- High Efficiency Heating System
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Bellingham Bay Land Co's First Add To Fairhaven Condos
- South Hill Subdivision
Listing and Financial Details
- Legal Lot and Block 3-4-5-N 1/2 of Lot 6 / 40
- Assessor Parcel Number 3702012483910000
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 | $11,424 | $1,417,966 | $709,548 | $708,418 | 
| 2023 | $11,424 | $1,468,661 | $734,916 | $733,745 | 
| 2022 | $9,410 | $1,249,932 | $625,464 | $624,468 | 
| 2021 | $8,939 | $1,008,037 | $504,420 | $503,617 | 
| 2020 | $8,784 | $884,235 | $442,470 | $441,765 | 
| 2019 | $6,954 | $839,331 | $420,000 | $419,331 | 
| 2018 | $4,235 | $666,307 | $282,100 | $384,207 | 
| 2017 | $2,744 | $591,441 | $250,400 | $341,041 | 
| 2016 | $2,572 | $544,630 | $230,400 | $314,230 | 
| 2015 | $2,586 | $516,543 | $218,400 | $298,143 | 
| 2014 | -- | $491,933 | $208,000 | $283,933 | 
| 2013 | -- | $468,114 | $200,000 | $268,114 | 
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 10/23/2025 10/23/25 | Price Changed | $1,695,000 | -5.8% | $378 / Sq Ft | 
| 09/25/2025 09/25/25 | For Sale | $1,799,000 | -- | $401 / Sq Ft | 
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2436098
 
					APN: 370201-248391-0000
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