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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2494729
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:
--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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 AssessmentTax 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
03/25/202603/25/26
For Sale
$1,199,000
+96.2%
$393 / Sq Ft
06/24/201606/24/16
Sold
$611,000
-2.4%
$200 / Sq Ft
View Prior Sale
05/10/201605/10/16
Pending
--
--
--
05/04/201605/04/16
For Sale
$626,280
--
$205 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Real estate doesn’t have to feel overwhelming—it should feel supported, informed, and even a little exciting.
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Source: Northwest Multiple Listing Service (NWMLS)
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