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$825,000
2560608 MLS ⋅ ACTIVE Status
Excellent investment opportunity with this well-maintained duplex, tucked away at the end of a low-traffic dead-end street while remaining centrally located near shopping, dining, schools, and everyday amenities. Built in 1999, each spacious two-story unit offers an identical 1,450 sq. ft. layout with 3 bedrooms and 2.5 bathrooms. Roof is less than 1 year old. The main level of each unit features a comfortable living area with a gas fireplace, kitchen, half bathroom, & laundry room. Upstairs includes three bedrooms and two full bathrooms, including a primary bedroom with a vaulted ceiling. Additional features include washer and dryer appliances in each unit, outdoor living spaces, close to Whatcom Falls Park Trail, and a 8,276 sq. ft. lot. A strong opportunity for an investor or an owner-occupant looking to live in one unit while generating income from the other.

1826 Valencia Street, Bellingham

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

$595,000
2559523 MLS ⋅ ACTIVE Status
Lovely location for home or investment. Two rehabbed manufactured homes in idyllic spot. Big half acre lot on cul-de-sac near Whatcom Falls and Bloedel Parks, Kulshan M. School, Geneva E. School. Extensive improvements; new water lines, new floors, new applcs, new roof, new furnaces, etc. A good spot to live, easily managed as a rental. Approval to divide into two lots. (With infill toolkit it's possible 4-5 Lots on this site.) 3902 is 3 bdrm 2 bath home 1200 sq. ft. plus large Sun porch facing meadow and forest. Heated with electric furnace & a propane gas fireplace. Also a shop. Unit @3900 is two bedroom one bath. It has a storage building in backyard. Separate electric meters. Just one Water Service for both units now paid by owner. Recent rents are $2,200 and $1,800 total of $4,000 per month gross rent. One unit is vacant. Unit at 3902 is now a month to month rental. There are supplements available that show the property survey and possible designs for a four lot short plat.

3902 Idaho Street, Bellingham

Listing courtesy of Rainshine Realty.

$725,000
2556415 MLS ⋅ ACTIVE Status
This Happy Valley duplex offers a fantastic opportunity for those looking for versatility, charm, and immediate returns. Both units are currently occupied by long-term tenants, providing a steady foundation for your investment from day one. Each of the two existing units features two bedrooms and 1.5 baths, highlighted by a cozy gas stove that adds both warmth and a touch of ambiance to the living space. Convenience is built-in with dedicated in-unit washers and dryers, plus individual storage rooms for each side.The outdoor spaces are a true highlight, with each unit enjoying its own private patio and a fenced backyard—perfect for relaxing or gardening in peace. Parking is effortless with four total spaces, allowing two per unit.Perhaps the most exciting feature is the additional third area, which offers an easy path toward a triplex conversion. Whether you're looking for a solid investment with reliable residents already in place or a property with significant room to grow, this duplex delivers on both comfort and future potential.Situated in a prime Southside location, the property puts the best of the area within easy reach. You’re just moments away from the vibrant shopping and dining in historic Fairhaven, the scenic Bellingham Waterfront, and the energy of the Western Washington University campus. This is a rare chance to secure a property that delivers both comfort today and significant upside for tomorrow.

2210 Wilson Avenue, Bellingham

Listing courtesy of COMPASS.

$659,000
2559225 MLS ⋅ ACTIVE Status
Beautiful and charming 2 story Victorian in perfect location! Just refreshed for a new owner, this classic York area home is in one of the most desireable and walkable locations of Bellingham! A half block north of Nelson's Market, it has easy access to downtown, WWU, Fred Meyers and great schools. Numerous recent upgrades include Mini-split heat pump heating and cooling upstairs, newer water heaters and appliances, new floor coverings, new windows, new double sink in main level kitchen, new pipes for both drainage and water supply, fresh paint inside and exterior trim. The list of improvements is long! Presently a legal duplex with units A and B, it could be easily changed back to a 4 bedroom home, or left as it is with the owner in one unit and renting or giving the other space as desired. (Or renting both units, monthly rents estimate=$3,700-3,800.) This Charming duplex is in the heart of a high demand neighborhood, a truly golden location for long-term value appreciation. Now vacant and easy to view!

1416 Humboldt Street, Bellingham

Listing courtesy of Rainshine Realty.

$1,150,000
2554461 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in Bellingham's highly sought after Happy Valley neighborhood. Ideally located just blocks from Western Washington University and the Sehome Hill Arboretum, this duplex offers convenient access to Fairhaven, downtown Bellingham, miles of trails, parks, restaurants, shopping, and schools. Each fully renovated two bedroom, townhouse style unit features covered decks, luxury vinyl plank flooring, stainless steel appliances, quartz countertops, in-unit washer and dryer, and cozy fireplaces. The property has an excellent rental history with consistently low vacancy, is fully leased, and has been meticulously owner managed. A true turnkey investment!

1100 23rd, Bellingham

Listing courtesy of Muljat Group.

$599,900
2545314 MLS ⋅ ACTIVE Status
Beautifully remodeled this duplex is a rare gem located between Campus and Fairhaven—an unbeatable spot just a short walk from Western Washington University's lively community. Whether you're looking for an investment opportunity or a dual-living solution, this property offers flexibility, style, and convenience all in one. Recent updates ensure peace of mind and a fresh aesthetic, with a brand-new roof, gutters, and a crisp exterior paint job. The upper unit features an updated kitchen, three bright bedrooms, and a full bath. Step outside onto the expansive deck—perfect for summer BBQs or simply enjoying the fresh air. The lower unit, with its own private entrance, has been completely updated, boasting a modern one-bedroom suite with a refreshed kitchen and ¾ bath. Every detail has been thoughtfully designed to provide comfort and style, making it ideal for guests or rental income. Both units come fully equipped with all appliances, and a shared washer and dryer add an extra layer of convenience for tenants. Nestled in a highly sought-after location, this duplex offers a perfect blend of modern comfort and proximity to everything that makes the area so desirable. Don’t miss the chance to own this move-in-ready property that’s as versatile as it is inviting!

1007 22nd Street, Bellingham

Listing courtesy of COMPASS.

$875,000
2538986 MLS ⋅ ACTIVE Status
Located in a desirable area of Bellingham, this income-producing property offers strong current cash flow with exceptional long-term development potential. This property includes TWO homes: a recently updated 3-bedroom, 1-bath home renting for $2,500/month and a fully remodeled 2-bedroom, 1-bath apartment bringing $1,600/month. Tenants pay all utilities, and both units feature fully fenced yards and ample off-street parking, creating a low-maintenance investment with a cap rate exceeding 5% at current rents. An unfinished space ready to be built out into a studio apartment provides an immediate value-add opportunity to increase income. The real upside is the development potential. Zoning aligned with the city’s Middle Housing Ordinance allows for 16+ units, ideal for clusters of fourplex-style buildings. With improved street frontage and alley access, the property offers flexibility for phased redevelopment or a larger future project. The large grassy area north of the home may even provide the opportunity to subdivide, build another home, or pursue a smaller development project down the road. Located just minutes from Whatcom Falls Park and the Interurban Trail, the location supports strong rental demand from residents who value Bellingham’s outdoor lifestyle. Hold for income, add a third unit, subdivide, or plan future redevelopment—this is an investment with immediate performance and long-term upside.

2124 Woburn Street, Bellingham

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

$795,000
2525360 MLS ⋅ ACTIVE Status
Centrally located duplex in Bellingham. Close to Barkley and Whatcom Falls Park. Each unit has 3 bedrooms and 2 bathrooms. Each unit also has a 2 car garage. Well maintained and being sold by the original owner. Don't miss out on this great investment opportunity. Unit 2316 just updated. No Lock Box.

2316 Xenia Street, Bellingham

Listing courtesy of Birch Bay Realty Inc..

$969,500
2512251 MLS ⋅ ACTIVE Status
House hack opportunity in the wonderful Sehome neighborhood. Beautifully remodeled (2023) Sehome duplex. Proforma 6.2% cap rate. Upstairs lease ends in September 2026. With DADU permitting studio could rent for $1,500+ a month, for $6,040 total. Looking up from the sidewalks of Jersey Street, you'll discover this charming restored Victorian duplex in the desirable Sehome neighborhood. Potential to convert back to a single-family home. Grandfathered as a legal duplex, it sits on a bright, sunny corner lot with territorial views and vistas of Bellingham Bay. Just steps to Sehome Hill Arboretum trails. Upstairs: a 2-level, 2-bed/1-bath unit with private view deck, in-unit laundry, remodeled wrap-around kitchen, and excellent living spaces. Main floor: a spacious 1,128 SF 2-bed/2-bath fully remodeled in 2023 with new kitchen, bathrooms, flooring, lighting, in-unit laundry and smart space planning. A detached 533 sq ft studio with ¾ bath. 2026 zoning changes streamline ADU approval—offering strong potential to condo-ize or boost total rent. Proven cash flow in a prime location near WWU and downtown. New roof and skylights, new siding, interior remodels (kitchens plus 2 of 4 baths), 6-zone mini-split system, solar, fencing and amazing landscaping complete this gem. Don't miss it!

1000 Jersey Street Unit #A & B, Bellingham

Listing courtesy of Lake & Company.

$900,000
2510420 MLS ⋅ ACTIVE Status
This property offers excellent versatility with multiple possibilities: redevelopment potential, live-in investment, or rental income (short-term rentals are permitted) in sought-after Fairhaven. Short walking distance to all of Fairhaven's attractions and easy I-5 access via Old Fairhaven Parkway. The 644-square-foot home sits on a generous 5,662-square-foot lot in the Residential Transition-4 zone of Fairhaven Urban Village. Previously approved plans available from 2017 for a mixed-use commercial/residential building (Buyer to verify all uses).

1302 Larrabee Avenue, Bellingham

Listing courtesy of Gage CRE.

$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..

$1,795,000
2496625 MLS ⋅ ACTIVE Status
Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.

3350 Cherrywood Avenue, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$1,595,000
2495128 MLS ⋅ ACTIVE Status
Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.

3340 Cherrywood Avenue, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$759,900
2482385 MLS ⋅ ACTIVE Status
"Investment opportunity! This DUPLEX is located in the heart of Bellingham; only a few blocks from Trader Joe's and a short 5 minute drive to downtown. Each unit boasts an open layout with 2 bedrooms & 2 bathrooms. Each has all appliances including washer/dryer, 4 off street parking spaces and detached storage sheds. Upstairs unit recently (December 2025) underwent full renovation including new vinyl plank flooring, interior paint, electrical switches/receptacles, smoke alarms/CO detectors, interior light fixtures, toilets, range hood, refrigerator, resealed showers, interior/exterior door handles. Downstairs unit has laminate flooring and all new appliances. Exterior was fully renovated in the last 5 years to include a 50 yr metal roof, James Hardie board siding with paint, all exterior windows replaced, fence and deck built! Units are occupied and rented."About a $100,000 or more in updates!

2424 Orleans Street, Bellingham

Listing courtesy of eXp Realty.

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.
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