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$1,250,000
2554842 MLS ⋅ ACTIVE Status
HUGE INVESTMENT OPPORTUNITY! Approximately 5 acres along the Mount Baker Highway corridor featuring a unique collection of residential and shop improvements and currently bringing in $12,650 / mo in rent. The property includes a 3-bedroom residence situated away from the road, flexible lower-level living areas with multiple bedrooms, kitchens, baths, and separate entrances, a manufactured home near the highway frontage, and a secluded beautiful and private RV area located further back on the property with septic/power/water. Additional improvements include a 40' x 60' clear-span shop building and a 40' x 40' shop with additional upper-level space. Ample parking, open yard areas, and excellent access create a versatile property with a rare combination of residential, shop, storage, and outdoor space. Conveniently located 10 minutes from I-5 and on the way to Mount Baker recreation areas.

3092 Mt Baker Highway, Bellingham

Listing courtesy of Muljat Group.

$1,600,000
2518037 MLS ⋅ ACTIVE Status
Great Investment!! BRAND NEW SEPTIC!!! AND ONE bedroom apartment! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!

7245 Kickerville Road, Ferndale

Listing courtesy of eXp Realty.

$1,099,990
2517689 MLS ⋅ ACTIVE Status
Prime mixed-use investment opportunity in the heart of Blaine, WA. This 3,000 sq ft income-producing commercial building offers a strong blend of residential and retail revenue streams in a high-demand, walkable location. Featuring multiple fully leased units, this property provides immediate cash flow with upside potential. The upper level includes two remodeled residential units, each approximately 750 sq ft with 2 bedrooms and 1 full bath, showcasing modern upgrades such as custom cabinetry, luxury vinyl plank flooring, tile finishes, updated appliances, new windows, and doors. The main level offers flexible commercial space with established retail presence, three office suites, and an additional residential unit, creating diversified income sources. Recent capital improvements include new cement board siding, a new roof, and composite exterior stairs, enhancing long-term durability and reducing future maintenance costs. Ample parking is available via alley access and street frontage. Strategically located near downtown Blaine, I-5, and the US/Canada border, this property benefits from consistent local traffic and cross-border economic activity. Ideal for investors seeking a stabilized asset with mixed-use zoning, strong rental history, and long-term appreciation potential.

357 Martin Street, Blaine

Listing courtesy of Windermere RE Whatcom, Inc..

$2,200,000
2511002 MLS ⋅ ACTIVE Status
Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.

4777 Guide Meridian, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$1,250,000
2504180 MLS ⋅ ACTIVE Status
Excellent investment opportunity in a prime Lynden location. This well-maintained 6-unit multifamily property sits at the end of a quiet dead-end street and features a large off-street parking lot and spacious grassy backyard. Each townhouse-style unit offers 2 beds/1 bath, a private patio with storage locker, and updated vinyl flooring, with some units featuring new interior paint and flooring. Tenants enjoy a shared coin-op laundry room, recently refreshed with new paint and flooring, plus a large locked storage room for owner use. Recent exterior upgrades include all new hard-plank siding, new exterior paint, and a newer metal roof. Strong rental history with upside potential and opportunity to lease remaining units at market rates. Conveniently located near downtown Lynden, shopping, dining, parks, and schools.

211 Maple Street, Lynden

Listing courtesy of Bellwether Real Estate.

$1,750,000
2499728 MLS ⋅ ACTIVE Status
Opportunity is knocking — loudly — on Sehome Hill! This stunning 5,500+ sq ft American Four Square sits in one of Bellingham's most coveted locations, perched next to Western Washington University and just a short walk to both campus and Downtown Bellingham. With 10 bedrooms and 5 bathrooms across 5 units, the possibilities here are as impressive as the property itself. Live large in the spacious 4-bedroom owner's view suite while the four units below help cover your expenses — or rent all five and let the income do the talking. Behind the classic curb appeal (fresh exterior paint and a brand-new roof) lies a meticulously maintained home with completely updated wiring and plumbing, all units separately metered, and efficient gas hot water heating. Seven off-street parking spaces round out a package that's incredibly rare at this scale and location. Mint condition, modern updates, and true pride of ownership — this one is dialed in and ready for its next chapter.

900 N Garden, Bellingham

Listing courtesy of Muljat Group.

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