2909 Walnut Street, Bellingham, WA 98225
- $1,000,000
- 3,088
- SqFt
Listing courtesy of Windermere RE Whatcom, Inc..
- List Price
- $1,000,000
- Status
- ACTIVE
- MLS#
- 2528138
- Price Change
- ▼ $50,000 1781330823
- Days on Market
- 69
- Style
- 53 - Tri-plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 3,088
- Area Total SqFt
- 3088
- Annual Tax Ammount
- 7702.9
- Lot Size (sq ft)
- 4,792
- Sewer
- Sewer Connected
Property Description
Charming 1928 Tudor in the highly desirable Columbia neighborhood. This character-filled property is currently operated as a 3-unit investment, offering flexible living options and strong rental potential. Thoughtful layouts in each unit maximize space while preserving the home’s classic Tudor lines, vintage details, and timeless curb appeal.With 5 bedrooms and 3 full baths, the property blends historic charm with functional living that appeals to both long-term tenants and owner-occupants. Ideal opportunity to live in one unit and rent the other two for income or reduced housing costs.Located in one of Bellingham’s most sought-after neighborhoods, residents enjoy close proximity to downtown, parks, schools, shopping, dining, and everyday amenities. Consistently high rental demand and a prime location make this a standout investment with long-term upside.A rare chance to own a piece of Columbia history while generating reliable income.
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Additional Information
- List Date
- 2026-05-21 22:46:19
- Community
- Bellingham
- Net Operating Income
- $53,800
- Gross Adjusted Income
- $66,000
- Gross Scheduled Income
- $66,000
- Total Monthly Income
- $5,500
- Insurance Expenses
- $2,997
- Gross Rent Multiplier
- 15.9
- Total Expenses
- $12,199
- Cap Rate
- 5.12
- Total Number of Units
- 4
- Unit Name
- 2909
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1928
- View
- City, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Patio
- Other Expenses
- 1500
- Energy Source
- Electric, Natural Gas
- School District
- Bellingham
- Elementary School
- Columbia Elem
- Middle School
- Shuksan Mid
- High School
- Bellingham High
- Total Monthly Income
- $5,500
- Gross Scheduled Income
- $66,000
- Gross Adjusted Income
- $66,000
- Tax Year
- 2026
- Insurance Expense
- $2,997
- Total Expenses
- $12,199
- Net Operating Income
- $53,800
- Gross Rent Multiplier
- 15.9
- Cap Rate
- 5.12
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.