Bellingham Homes with 54 - 4-Plex Style

Welcome to Bellingham, Washington—a vibrant city nestled between the stunning Cascade Mountains and the picturesque Puget Sound. Known for its rich history, diverse culture, and outdoor recreational opportunities, Bellingham is a hidden gem in Whatcom County that offers a unique blend of urban convenience and natural beauty. With a population of just over 90,000, this charming city is perfect for those seeking a close-knit community with all the amenities of modern living.

One of the most appealing aspects of Bellingham is its thriving real estate market, particularly when it comes to multi-family homes. If you’re considering investing in a property, the 4-plex style homes are an exceptional choice. These properties not only provide a steady rental income but also offer an opportunity to live in one unit while renting out the others. With the demand for rental housing on the rise, these homes are an attractive option for both seasoned investors and first-time buyers alike.

Bellingham boasts a variety of neighborhoods, each with its own unique character. From the bustling downtown area filled with shops, restaurants, and cultural venues to the serene waterfront parks perfect for kayaking and hiking, there’s something for everyone. The city is also home to Western Washington University, which adds to the vibrant atmosphere and provides a steady influx of renters.

Whether you’re looking for a place to call home or an investment opportunity, Bellingham’s 4-plex style homes are a fantastic choice in a city that beautifully balances urban living with the great outdoors. Explore the possibilities today and discover why Bellingham is the perfect place to plant your roots!

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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