Listed by COMPASS
$1,199,000

Estimated payment $7,107/month

Total Views 6,617
8 Beds
4 Baths
3,054 Sq Ft
$393 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Fairhaven Middle School Rated A-
  • Ceramic Tile Flooring
  • 3-minute walk to Laurel Park

About This Home

Well-maintained 4-plex in a prime location within walking distance to Western Washington University. A rare opportunity for investors to secure a consistently rented property in a high-demand area. Each unit features a 2 bed / 1 bath layout with in-unit stack washer and dryer, great natural light, and private deck space—amenities tenants love. Recent updates include new LVP flooring, fresh interior and exterior paint, and new water heaters, providing a clean, modern feel and added peace of mind for future ownership. Originally built as a four-plex, the design offers comfortable separation and privacy for residents. The property also includes carports, additional off-street parking, and a nicely sized yard with clean, low-maintenance landscaping that adds curb appeal. Located in a quiet neighborhood with a trail at the end of the street leading to the arboretum, offering easy access to nature while still being close to campus. Strong rental history and excellent location make this a standout investment opportunity. Add a reliable, income-producing property to your portfolio—opportunities like this near Western don’t last long.

Listing Agent

Jenn Ryan

COMPASS License #21013230 Listed on: 03/25/2026

COMPASS

Co-Listing Agent

Erika Buse

COMPASS License #125354

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2494729

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,472

Year Built

  • Built in 1964

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Deck
  • 6,098 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Sehome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3803313104380000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,472

Year Built

Built in 1964

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1964
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3054
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 3803313104380000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.7
  • LeasedItems: None
  • TotalMonthlyIncome: 6800

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8472

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 1200
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Value Increase
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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
2025 $8,472 $1,066,290 $393,216 $673,074
2024 $8,259 $1,035,247 $381,768 $653,479
2023 $8,259 $1,061,605 $391,488 $670,117
2022 $6,529 $899,683 $331,776 $567,907
2021 $6,405 $702,877 $259,200 $443,677
2020 $5,653 $650,812 $240,000 $410,812
2019 $5,326 $555,218 $266,400 $288,818
2018 $5,364 $524,423 $251,748 $272,675
2017 $4,671 $451,622 $216,360 $235,262
2016 $4,179 $410,962 $196,740 $214,222
2015 $4,189 $382,779 $185,580 $197,199
2014 -- $371,270 $180,000 $191,270
2013 -- $364,062 $177,000 $187,062
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 For Sale $1,199,000 +96.2% $393 / Sq Ft
06/24/2016 06/24/16 Sold $611,000 -2.4% $200 / Sq Ft View Prior Sale
05/10/2016 05/10/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $626,280 -- $205 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $611,000 Whatcom Land Title Co Inc
Quit Claim Deed -- Accommodation
Warranty Deed $441,280 Whatcom Land Title
Warranty Deed $404,780 Chicago Title Insurance
Interfamily Deed Transfer -- Chicago Title Insurance
Warranty Deed $225,000 Whatcom Land Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $283,150 Commercial
Previous Owner $183,000 Commercial
Previous Owner $180,000 Commercial
Source: Public Records

About the Listing Agent

Jenn Ryan

COMPASS

(360) 889-5286

Section Image

Real estate doesn’t have to feel overwhelming—it should feel supported, informed, and even a little exciting.

Jenn Ryan is a Compass real estate agent serving Whatcom, Skagit, and Snohomish counties, serving clients from Bellingham, Lynden, and North County all the way to the Snohomish County region. She’s known for her thoughtful approach, strong market knowledge, and the way she shows up for her clients—from first conversation to closing and beyond.

As a Certified Buyer’s Agent

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2494729

Northwest Multiple Listing Service (NWMLS)

APN: 380331-310438-0000

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