Active · Residential Income

2312 Orleans Street , Bellingham, WA 98229

Bellingham, WA 98229

$1,099,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Keller Williams Western Realty · MLS #2449566 · Active

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About this property

Build your portfolio with this Bellingham fourplex offering rental income potential, recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit, the property offers options for an investor expanding a portfolio or a buyer looking to live in one unit and build a rental portfolio with the others. The mix of one- and two-bedroom homes provides flexibility for a long-term investment plan, while on-site coin-op laundry adds another income source. Recent improvements include fresh paint in two units, new carpet in Unit B, a new refrigerator in Unit D, and refreshed paint and caulking in the common areas. These updates support the property's rental appeal and give the next owner a starting point for future opportunities. Located in a central Bellingham area near shopping, restaurants, parks and freeway access, the property combines everyday convenience with long-term investment possibilities. Beyond the existing fourplex, the back portion of the lot offers potential for future development, creating another avenue to explore as part of a broader investment strategy. Focus on the existing rental income potential, consider an owner-occupied approach, or explore how the property could fit your plans for future growth. Buyer to verify development potential.

Property details

Property type: Multi Family
Year built: 1973
Lot size: 10,019 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $6,915 (2025)
Parking spaces: 10
School district: Bellingham

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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