2130 Texas Street, Bellingham, WA 98229

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Listing Broker: Realty One Group Pacifica; Igor Bulanov; ; Selling Office: Keller Williams Western Realty.

Sold Price
$782,500
List Price
$814,999
Status
SOLD
MLS#
2522900
Closing Date
Jul 17, 2026
Days on Market
51
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,412
Area Total SqFt
2412
Annual Tax Ammount
544
Internet Provider
Xfinity
Lot Size (sq ft)
6,534
Sewer
Sewer Connected

Property Description

Well-maintained triplex in a prime Bellingham location offering strong, stable income with long-term tenants already in place. Each of the three units features 804 sq ft of comfortable living space with 2 bedrooms and 1 bathroom, vaulted ceilings, and private balconies that enhance natural light and livability. All units are equipped with their own washer and dryer and individual hot water tanks, providing convenience for tenants and reduced owner expenses. Each unit also includes two dedicated parking spaces, a rare and valuable feature for multifamily properties in this area. Ideally situated in the heart of Bellingham, this property is just minutes from Lake Whatcom, Whatcom Falls Park, Galbraith Mountain trails, Trader Joe’s, and downtown, making it highly attractive to renters seeking both outdoor access and urban convenience. This is a turnkey investment opportunity with consistent rental history and upside potential in a high-demand rental market. Ideal for investors or owner-occupants looking to live in one unit and rent the other two—a great way to enter the rental market while offsetting your mortgage.

Additional Information

List Date
2026-05-27 00:00:00
Community
Alabama Hill
Net Operating Income
$39,621
Gross Adjusted Income
$51,585
Gross Scheduled Income
$4,525
Total Monthly Income
$4,525
Insurance Expenses
$112
Water/Sewer/Garbage Expenses
$181
Gross Rent Multiplier
15.47
Total Expenses
$987
Cap Rate
5
Total Number of Units
3
Unit Name
2130
Potential Terms
Cash, Conventional
Year Built
1988
View
Territorial
Roof
Composition
Other Expenses
150
Energy Source
Electric
School District
Bellingham
Elementary School
Roosevelt Elementary
High School
Squalicum High
Total Monthly Income
$4,525
Gross Scheduled Income
$4,525
Gross Adjusted Income
$51,585
Tax Year
2025
Insurance Expense
$112
W/S/G Expenses
$181
Total Expenses
$987
Net Operating Income
$39,621
Gross Rent Multiplier
15.47
Cap Rate
5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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