2024 21st Street, Bellingham, WA 98225

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Listing courtesy of Windermere RE Whatcom, Inc.. Selling Office: COMPASS.

Sold Price
$660,000
List Price
$675,000
Status
SOLD
MLS#
2552173
Closing Date
Sep 10, 2026
Days on Market
15
Style
52 - Duplex
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
5118
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Don't miss this well-maintained duplex in the highly desirable Happy Valley neighborhood! Each unit offers 2 bedrooms and 1.5 baths and has a strong rental history with consistent occupancy. Ideally located just three blocks from Western Washington University and only five blocks from the shops, restaurants, and waterfront in Fairhaven, this property offers an exceptional location for tenants. The large, level, sunny lot provides easy maintenance and plenty of outdoor space. Convenient access to I-5, downtown Bellingham, parks, shopping, and everyday amenities makes this an outstanding investment opportunity in one of Bellingham's most sought-after neighborhoods.

Additional Information

List Date
2026-08-26 00:00:00
Community
Happy Valley
Net Operating Income
$24,856
Gross Adjusted Income
$35,520
Gross Scheduled Income
$35,520
Total Monthly Income
$2,960
Insurance Expenses
$1,312
Water/Sewer/Garbage Expenses
$1,093
Gross Rent Multiplier
19
Total Expenses
$10,664
Cap Rate
3.68
Total Number of Units
2
Unit Name
2024
Potential Terms
Cash, Conventional
Year Built
1976
View
Territorial
Roof
Composition
Other Expenses
3141
Energy Source
Electric
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,960
Gross Scheduled Income
$35,520
Gross Adjusted Income
$35,520
Tax Year
2026
Insurance Expense
$1,312
W/S/G Expenses
$1,093
Total Expenses
$10,664
Net Operating Income
$24,856
Gross Rent Multiplier
19
Cap Rate
3.68
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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