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2625 W Maplewood Avenue, Bellingham
$1,690,000
2581492 MLS ⋅ ACTIVE Status
Opportunity Knocks. Affordable investment with a great return, this fully serviced 9 Unit Mobile Home Park plus an updated duplex in Bellingham is just minutes from schools, shopping, I-5 and the airport. 5 homes are park owned, 4 owners rent spaces and the 2 apartments are leased to provide a new owner with steady income at a 6.7% Cap Rate. Scheduled rent increases in November will boost the Cap to a generous 7%. Don't miss this rare opportunity to gain income and equity.

2625 W Maplewood Avenue, Bellingham

Listing Broker: Windermere RE Whatcom, Inc.; Lyle Sorenson; 360-927-8685; LyleSorenson@windermere.com

Walnut Grove Court, Everson
$2,800,000
2579081 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of Everson! This 10-unit multi-family property consists of five duplex-style condo buildings, offering a total of 10 well-designed units. The mix includes spacious 3-bedroom, 2-bath units and comfortable 2-bedroom, 2-bath units—appealing layouts that attract and retain long-term tenants. All units are currently rented, providing immediate, stable income for investors seeking a strong addition to their portfolio. The duplex-style configuration offers added privacy and livability, making these homes highly desirable in the local rental market. Ideally located with convenient access to town amenities, yet tucked into a peaceful setting. Notably, the property did not experience interior water intrusion during the recent flood events—an important advantage and added peace of mind. Whether you’re expanding your portfolio or stepping into multi-family ownership, this well-maintained, fully occupied property presents a rare opportunity in a growing community.

Walnut Grove Court, Everson

Listing Broker: HomeSmart One Realty; Andrew Crowser; 360-317-5590; andrew.crowser@gmail.com

610 Mead Avenue, Everson
$3,871,669
2568996 MLS ⋅ ACTIVE Status
6.5% Cap. Assembled property sale includes 3-duplexes, 1-triplex, & 1-fourplex with 3 separate parcel numbers on 1.49 acres. Two units are fully renovated, updated houses, with the other eleven units being constructed between 2021 & 2023. There are 39 bedrooms, 33 bathrooms, 15 garages, & 30 parking spaces. This is a super nice multifamily property situated outside of the 100-year flood plain. The Everson rental market has proven to be highly stable with low vacancies. The combined sale includes parcel #’s 4003364211630000, 4003364221800000, 4003364301580000.

610 Mead Avenue, Everson

Listing Broker: Pacific Continental Realty LLC; KC Coonc; 360-305-9977; KC@PCRnw.com

404 Front Street, Sumas
$2,850,000
2551532 MLS ⋅ ACTIVE Status
12-unit apartment complex (3 fourplexes) in the tight-knit border community of Sumas! Located directly adjacent to Sumas Elementary School in a quiet part of town, but only blocks away from eating and retail establishments on State Route 9, and minutes from the US/Canada border crossing. Units are 3-bed/2.5-bath with fully equipped kitchens, washer/dryer, vinyl and carpeted floors, and outdoor patio. Plenty of on-site parking for tenants. Professionally managed since being built in 2019 with a strong rental history.

404 Front Street, Sumas

Listing Broker: Muljat Group; Troy C. Muljat; 360-820-2000; troy@muljat.com

201 Tull Court, Bellingham
$10,995,000
2546453 MLS ⋅ ACTIVE Status
Recently built and beautifully designed Tull Court Townhomes in Northern Bellingham! Townhomes are located just off Meridian Street in a private cul-de-sac, which gives this property a rural feel within city limits. The property is in close proximity to major shopping centers, Whatcom Community College, and just over one mile from I-5 access. The 32-units are a mix of primarily 2-bed/1.5-bath and some 3-bed/2.5-bath. Units feature fully equipped kitchens, in-unit washer/dryer, and high-end finishes.

201 Tull Court, Bellingham

Listing Broker: Muljat Group; Troy C. Muljat; 360-820-2000; troy@muljat.com

1252 Nevada Street, Bellingham
$2,900,000
2539063 MLS ⋅ ACTIVE Status
17 unit apartment complex off Lakeway on Nevada Street within walking distance to bus line, Whole Foods, Carl cozier elementary school, city park and pool complex. Central location. Unit mix:12 one- bedroom units and 5 -two bedroom units all under market rent with stable vacancy history. Excellent parking. Recent maintenance: New roof 2026new gutters 2026new washer dry units in common laundry room. The third floor units are accessed off a ground level parking lot with 9 uncovered spaces on the east side of the property.20 uncovered spaces on ground floor access and 7 covered spaces. Operating Expenses: Using a 28% total expense estimate.

1252 Nevada Street, Bellingham

Listing Broker: Windermere RE Whatcom, Inc.; Jeff Johnson; ; jajohnson@windermere.com

1655 Main Street, Ferndale
$16,350,000
2475761 MLS ⋅ ACTIVE Status
New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR.

1655 Main Street, Ferndale

Listing Broker: Pacific Continental Realty LLC; KC Coonc; 360-305-9977; KC@PCRnw.com

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