Rare Sehome Hill investment and development opportunity! Situated on a 12,056 sq. ft. lot with stunning bay and city views, this property features an existing triplex plus a detached carriage house just two blocks from WWU. Remodeled carriage house in 2025 which offers 2 bedrooms, 2 bathrooms, private laundry, and… Read More dedicated parking below. Triplex features three units full of timeless character, including original fir floors and shared laundry, with a strong rental history and consistent demand due to its prime location. Five total designated parking spaces provide added convenience for tenants. True value lies in the land. Zoned High Density with no maximum unit count, this property offers incredible infill development potential. Retain the existing income-producing structures while adding additional units or explore redevelopment options to maximize the site's density and breathtaking views. Located near Forest & Cedar Park, downtown Bellingham, and Western Washington University, opportunities like this are increasingly rare. Buyer to verify all development potential and zoning requirements. Don't miss your chance to own a premier investment property in one of Bellingham's most sought-after neighborhoods. Read Less
Listing courtesy of Hansen Group Real Estate Inc
Listing Snapshot
Cumulative Days On Market
32
Days on Website
5
Last Updated
Property Type
Quadruplex
Square Ft.
3,665
Lot Size
0.28 Acres
Year Built
1908
Property Tax
$8,845
MLS Number
2555189
30 Days Snapshot Of 98225
$810k
+16%
(avg) sold price
50
+31%
homes sold
65
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 3665, Building Area Units: Square Feet, Calculated Square Footage: 3665, Elevation Units: Feet, Leasable Area: 3665, Living Area: 0, Number Of Units Total: 4, Stories Total: 3, Structure Type: Quadruplex, Units In Building Total: 4, Year Built: 1908
Expenses
Other Expense: 12842
Exterior Features
Exterior Features: Wood
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Softwood", "Vinyl Plank", "Carpet"
Foundation
Foundation Details: Poured Concrete
Garage
Garage Spaces: 0
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 57363
Lot
Features: "Curbs", "Paved", "Sidewalk", "Value In Land", 0 acres, 12052 square feet, View: Bay
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. Listings last updated on ,
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