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$915,000
2532842 MLS ⋅ ACTIVE Status
Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.

1408 G Street, Bellingham

Listing courtesy of Bellwether Real Estate.

$1,295,000
2511326 MLS ⋅ ACTIVE Status
A home from 1910 with an effective year built of 2026. The entire property was taken down to its original clear cedar framing and thoughtfully rebuilt by a highly reputable Bellingham contractor and licensed subcontractors, with 2026 building codes. New electrical, plumbing, HVAC, insulation, windows, fire-rated assemblies, kitchens, bathrooms and systems throughout, while the warmth and character of the original home were intentionally preserved. A rare opportunity to own a fully renovated and fully rented triplex in one of Bellingham’s most beloved downtown neighborhoods. Located just blocks from the courthouse, professional offices, downtown amenities and PeaceHealth St. Joseph Medical Center, this property offers connection, convenience and strong rental potential. The approximately 1,500-square-foot main-floor unit features two bedrooms, an office and generous living and dining spaces. It is currently rented and set up as a short-term or midterm rental. The two upper one-bedroom units are approximately 700 square feet each and currently rented for $2,200 and $2,300 per month. Each unit includes its own hot water heater and in-unit washer and dryer. Shared basement storage and off-street parking add to the functionality. Fully permitted and truly turnkey, this is more than an investment. It is a chance to own a piece of Bellingham history, thoughtfully brought forward for the way we live today.

2106 Young Street, Bellingham

Listing courtesy of Real Broker LLC.

$1,650,000
2496953 MLS ⋅ ACTIVE Status
Fully restored Victorian duplex offering immediate income and major future upside in a convenient in-town Bellingham location. Rebuilt down to the studs, this unique property blends historic character with extensive improvements, creating a rare opportunity for investors or buyers seeking both cash flow and long-term potential. As currently configured, the duplex offers projected rental income of approximately $7,300 per month, making it an attractive income-producing asset from day one. Included in the package is the adjacent vacant lot, which previously had a full set of plans for a 4-plex. Together, the restored duplex and additional lot create the potential for a 6-unit overall project, combining current income with future development opportunity. The home itself offers the charm, presence, and architectural detail that only a classic Victorian can provide, while the package as a whole presents a compelling hybrid of existing rental performance and additional build potential. Rare chance to acquire a beautifully restored duplex with flexibility for owner-occupants, investors, or multigenerational living, conveniently located near downtown amenities, shopping, dining, and everyday services.

1310 Ellsworth Street, Bellingham

Listing courtesy of RE/MAX Whatcom County, Inc..

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