2816 2818 Valencia Street, Bellingham, WA 98226
- $625,000
- 2,216
- SqFt
Listing courtesy of RE/MAX Whatcom County, Inc..
- List Price
- $625,000
- Status
- ACTIVE
- MLS#
- 2576954
- Days on Market
- 6
- Style
- 52 - Duplex
- Finished SqFt
- 2,216
- Area Total SqFt
- 2216
- Annual Tax Ammount
- 5793
- Lot Size (sq ft)
- 7,405
- Sewer
- Sewer Connected
Property Description
INVESTOR OPPORTUNITY in a convenient Bellingham location! This well-located duplex offers two spacious, two-story 2-bedroom, 1.5-bath units, each approximately 1,108 sq ft. Each unit features a large laundry/utility room providing valuable bonus space, along with a private deck and patio and covered parking. Both units are currently occupied, generating $3,065/month or $36,780 in annual rental income. Unit 2816 is month-to-month at $1,650/month, while Unit 2818 is leased through 8/9/27 at $1,415/month. Conveniently located near trails, Barkley Village Shopping Center, Regal Cinema, restaurants, shopping, and everyday amenities. An excellent opportunity to own an income-producing duplex with potential for future rental growth and long-term appreciation. The adjacent duplex at 2828/2830 Valencia St is also available, offering an opportunity to purchase two neighboring duplex properties.
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Additional Information
- List Date
- 2026-09-03 17:28:12
- Community
- Roosevelt
- Net Operating Income
- $27,130
- Gross Adjusted Income
- $36,780
- Gross Scheduled Income
- $36,780
- Total Monthly Income
- $3,065
- Water/Sewer/Garbage Expenses
- $3,857
- Gross Rent Multiplier
- 16.99
- Total Expenses
- $9,650
- Cap Rate
- 4.34
- Total Number of Units
- 2
- Unit Name
- 2816 2818
- Potential Terms
- Cash, Conventional
- Year Built
- 1992
- Roof
- Composition
- Site Features
- Cable TV, Deck, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Sunnyland Elem
- Middle School
- Whatcom Mid
- High School
- Squalicum High
- Total Monthly Income
- $3,065
- Gross Scheduled Income
- $36,780
- Gross Adjusted Income
- $36,780
- Tax Year
- 2026
- W/S/G Expenses
- $3,857
- Total Expenses
- $9,650
- Net Operating Income
- $27,130
- Gross Rent Multiplier
- 16.99
- Cap Rate
- 4.34
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.