Bellingham Homes with 54 - 4-Plex Style

Welcome to Bellingham, Washington—a vibrant gem nestled between the serene waters of Bellingham Bay and the majestic backdrop of the North Cascades. Known for its stunning natural beauty, Bellingham offers a unique blend of urban convenience and outdoor adventure. With its charming downtown area, rich cultural scene, and proximity to world-class hiking, skiing, and water activities, it’s no wonder that Bellingham has become a sought-after destination for homebuyers.

In the heart of Whatcom County, Bellingham boasts a diverse range of housing options, including the increasingly popular 4-plex style homes. These multi-family residences are not only a smart investment opportunity but also foster a sense of community. With their efficient layouts and shared amenities, 4-plex homes are ideal for those looking to maximize space while maintaining a cozy atmosphere. Imagine living in a vibrant neighborhood where you can enjoy the benefits of homeownership while being part of a close-knit community.

The real estate market in Bellingham is thriving, with 4-plex homes offering both rental potential and the chance to create a personalized living space. Whether you’re an investor looking to expand your portfolio or a first-time homebuyer seeking an affordable entry into the market, Bellingham’s 4-plex residences provide a fantastic opportunity.

As you explore the enchanting streets of Bellingham, you'll find a city that embraces both innovation and tradition. From its bustling farmer's markets to its picturesque waterfront parks, every corner of Bellingham invites you to experience life at its fullest. Discover your new home in this captivating city, where adventure and community await!

Newest Bellingham Homes with 54 - 4-Plex Style

$1,200,000

2529059 MLS ⋅ ACTIVE Status

Investor opportunity! If you're looking for a place to put your 1031 exchange money look no further! This fourplex featuring four 2-bedroom, 1-bath units with strong upside potential. 2705 & 2709 have been updated, while 2701 & 2703 offer an opportunity for improvements and added value. Current rents are below market, providing excellent potential for future rental increases and improved cash flow. Tenants are month to month. All units include a washer and dryer, 2701-2703 (stack units), 2705-2709 (full size) Each building has a submeter installed to track each tenants water use so you can charge the tenant for their share of the water and sewer bill.

2701 Texas (2701-2709) Street, Bellingham

Listing courtesy of Lakeside Realty, Inc..

$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.

$1,199,000

2494729 MLS ⋅ ACTIVE Status

Well-maintained 4-plex in a prime location within walking distance to Western Washington University. A rare opportunity for investors to secure a consistently rented property in a high-demand area. Each unit features a 2 bed / 1 bath layout with in-unit stack washer and dryer, great natural light, and private deck space—amenities tenants love. Recent updates include new LVP flooring, fresh interior and exterior paint, and new water heaters, providing a clean, modern feel and added peace of mind for future ownership. Originally built as a four-plex, the design offers comfortable separation and privacy for residents. The property also includes carports, additional off-street parking, and a nicely sized yard with clean, low-maintenance landscaping that adds curb appeal. Located in a quiet neighborhood with a trail at the end of the street leading to the arboretum, offering easy access to nature while still being close to campus. Strong rental history and excellent location make this a standout investment opportunity. Add a reliable, income-producing property to your portfolio—opportunities like this near Western don’t last long.

800 E Maple Street, Bellingham

Listing courtesy of COMPASS.

$1,099,000

2449566 MLS ⋅ ACTIVE Status

Prime investment opportunity in Bellingham! This well-maintained fourplex offers strong income potential and future development options on the back portion of the lot. The property features three spacious 2BD/1BA units and one 1BD/1BA unit, plus an on-site coin-op laundry for added income. Located in a central area close to shopping, restaurants, parks, and freeway access, it’s ideal for investors seeking steady returns and long-term upside. Current rents are below market, creating immediate value-add potential with rent adjustments or upgrades. Whether you’re entering the investment market or expanding your portfolio, this property offers solid cash flow today and room to grow tomorrow. Buyer to verify development potential.

2312 Orleans Street, Bellingham

Listing courtesy of Keller Williams Western Realty.

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