Active · Residential Income

4777 Guide Meridian , Bellingham, WA 98226

Bellingham, WA 98226

$1,999,999

— bedrooms · — bathrooms · 0 sq ft

Loading property photos…

Listing provided by Windermere RE Whatcom, Inc. · MLS #2511002 · Active

More properties in Bellingham · Explore local city guides

About this property

Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what’s next.

Property details

Property type: Multi Family
Year built: 1973
Lot size: 418,176 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $13,968 (2025)
Parking spaces: 0
School district: Meridian

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:56:41 PM Pacific. 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.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.