Listed by Hammer Properties NW Inc.
$1,275,000

Estimated payment $7,785/month

Total Views 4,157
8 Beds
4 Baths
3,512 Sq Ft
$363 Price per Sq Ft

Highlights

  • Bay View
  • Deck
  • No HOA
  • Fairhaven Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Laurel Park

About This Home

If you are looking to get into the lucrative student housing market this "Big Green" triplex is a great choice. It has grand spaces with charming details like original fir floors and cabinets, window seats, an expansive view of the Bay, and it's right next to WWU. It's a tenant favorite and it's already leased up through next summer. One six bedroom unit and 2 one bedroom units are popular unit sizes so they are easy to rent. Tenants share laundry and 9 parking spaces.

Listing Agent

Nikki Quinn

Hammer Properties NW Inc. License #83115 Listed on: 05/21/2025

Co-Listing Agent

Mike Hayes

Hammer Properties NW Inc. License #18803

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2379837

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,054

Year Built

  • Built in 1904

Lot Details

  • 6,861 Sq Ft Lot
  • Lot Dimensions are 55x125
  • Property is in good condition

Property Views

  • Bay
  • Territorial

Home Design

  • Triplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 9 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • New Whatcom Condos
  • Sehome Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 89
  • Assessor Parcel Number 3803311024100000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,054

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1904
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: New Whatcom
  • New Construction: No
  • CalculatedSquareFootage: 3512
  • Special Features: None
  • Cumulative Days on Market: 98

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Bay, Territorial
  • Lot Features: Alley, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block, Pillar/Post/Pier, Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellingham
  • WaterCompany: City Of Bellingham
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 3993

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 4038

Schools

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

Lot Info

  • Parcel Number: 3803311024100000
  • Lot Size Acres: 0.1575
  • Lot Size: 55x125
  • Lot Size Sq Ft: 6861
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: WCA
  • MLSSquareFootageSource: WCA
  • ZoningJurisdiction: City
  • LotNumber: 7

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 11.82
  • LeasedItems: None
  • TotalMonthlyIncome: 8984

Multi Family

  • Gross Scheduled Income: 107853
  • Net Operating Income: 81141
  • Number Of Units Total: 3
  • Insurance Expense: 1887
  • Leasable Area: 3512
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 10054

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $9,802 $1,228,786 $572,652 $656,134
2023 $9,802 $1,260,071 $587,232 $672,839
2022 $7,749 $1,067,878 $497,664 $570,214
2021 $7,603 $834,279 $388,800 $445,479
2020 $6,128 $772,481 $360,000 $412,481
2019 $5,772 $601,789 $251,600 $350,189
2018 $5,815 $568,377 $237,762 $330,615
2017 $5,064 $489,593 $204,340 $285,253
2016 $4,524 $445,553 $185,810 $259,743
2015 $4,535 $414,372 $175,270 $239,102
2014 -- $401,913 $170,000 $231,913
2013 -- $393,441 $163,725 $229,716
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $1,275,000 -- $363 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $375,000 New Conventional
Closed $382,400 Adjustable Rate Mortgage/ARM
Closed $250,000 Unknown
Closed $159,500 Unknown
Source: Public Records

Similar Homes in Bellingham, WA

  • 225 N Forest St, Bellingham, WA 98225

    $995,000

    • 10 Beds
    • 4 Baths
    • 4,269 Sq Ft
    • 225 N Forest St
    • Bellingham, WA

    Located within a designted OPPORTUNITY ZONE which allows for many long term tax benefits (BUYER TO VERIFY) Great Mutli Family Property with Three -3 BEDROOM units AND 1 Studio and 2 Garages. Right next the Park above South Hill Apartments. Amazing Bays Views, Updated Electrical Breaker w 4 subpanels. Gas Heat. Locking Mailboxes. Good rental income currently with room for growth Very Close

    Dan Zedonek Utopia Management Inc

    Section Image
  • 4020 Byron Ave, Bellingham, WA 98229

    $1,100,000

    • 6 Beds
    • 5 Baths
    • 3,061 Sq Ft
    • 4020 Byron Ave
    • Bellingham, WA

    Turnkey investment for a seasoned investor or your first investment: A fully-occupied, professionally managed 3-unit triplex located in a highly desirable Samish neighborhood, mere minutes from Western Washington University, I-5, shopping, restaurants, and walk to the park & ride for WWU.

    Jay Reilly Windermere Real Estate Whatcom

    Section Image
  • 2330 Verona St, Bellingham, WA 98229

    $998,000

    • 9 Beds
    • 5 Baths
    • 3,300 Sq Ft
    • 2330 Verona St
    • Bellingham, WA

    Discover a prime investment opportunity with this triplex property. It includes a single-family home alongside a newer built 3-bedroom, 2-bathroom duplex. Each unit comes with dedicated parking. The residents enjoy the tranquility of a dead end street with minimal traffic, as well as the convenience of proximity to Roosevelt Park, Barkley Village, the Railroad trail system, and easy access to

    Erika Buse COMPASS

    Section Image
  • 3340 Southbend Place, Bellingham, WA 98226

    $1,350,000

    • 8 Beds
    • 4 Baths
    • 3340 Southbend Place
    • Bellingham, WA

    4 Plex - Exceptional Location - Near Barkley Village Shopping, Restaurants, Regal Cinema 16 Theater. Tenants Pay Trash All 2 Bedroom Units. Fully Updated. No Deferred Maintenance. Impeccable. Owner Managed. Lush Professionally Landscaped Grounds with Privacy Hedges. Situated on a quiet cul-de-sac.

    Jared English Congress Realty

    Section Image
  • 2850 W Maplewood Ave, Bellingham, WA 98225

    $1,500,000

    • 8 Beds
    • 8 Baths
    • 4,690 Sq Ft
    • 2850 W Maplewood Ave
    • Bellingham, WA

    Calling all investors! Great investment opportunity in the Birchwood neighborhood. Each unit has 2 Beds, 2 baths and a single car garage. All units are a 2 story townhouse layout with a unique style. Convenient location on a bus line and nearby shopping and schools. Don't miss out on this prime Bellingham rental property!

    Jennifer Glyzinski Keller Williams Western Realty

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2379837

Northwest Multiple Listing Service (NWMLS)

APN: 380331-102410-0000