820 32nd St Bellingham, WA 98225
Happy Valley NeighborhoodEstimated payment $97,985/month
Highlights
- City View
- 1.93 Acre Lot
- No HOA
- Fairhaven Middle School Rated A-
- Deck
- Thermal Windows
About This Home
This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms (53 – 850 sq ft units; 4 – 1,059 sq ft units; 4 – ADA features). Baths: 32 apts with 1 – 3⁄4 bath; 21 townhouses with 1 – 1⁄2 bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2333623

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $52,463
Year Built
- Built in 1988
Lot Details
- 1.93 Acre Lot
- Lot Dimensions are 490x200
- Partially Fenced Property
- Property is in very good condition
Property Views
- City
- Territorial
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
- Cement Board or Planked
Interior Spaces
- 51,316 Sq Ft Home
- 3-Story Property
- Thermal Windows
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 114 Bedrooms
- 142 Bathrooms
Parking
- 90 Parking Spaces
- Open Parking
Outdoor Features
- Deck
- Patio
Schools
- Happy Vly Elementary School
- Fairhaven Mid Middle School
- Sehome High School
Utilities
- Baseboard Heating
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Sehome Court Condos
- Sehome Subdivision
Listing and Financial Details
- Assessor Parcel Number 370306236351
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/21/2025 07/21/25 | Price Changed | $16,950,000 | -5.6% | $330 / Sq Ft |
05/29/2025 05/29/25 | Price Changed | $17,950,000 | -5.5% | $350 / Sq Ft |
02/26/2025 02/26/25 | For Sale | $19,000,888 | -- | $370 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2333623

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