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$349,000
2 Beds ⋅ 2 Baths ⋅ 2558699 MLS ⋅ ACTIVE Status
Centrally located 2 bedroom 2 bath condominium just a quick walk from trails and a quick bike ride or drive from all that downtown Bellingham has to offer and backs up to the beautiful Whatcom Falls Park. The proximity to trails and Galbraith make this 975 square foot condo an ideal spot for adventuring and peaceful living. This second-floor unit has been freshened up with new interior paint, carpets, and ceiling lights so it is all ready for a new owner. The south facing deck overlooks a small lawn area framed by the forests of Whatcom Falls park and is half a block from a trailhead. With its galley kitchen, newer stainless steel appliances and eating bar opening to the dining room which then flows to the living room and deck area, this open floor plan is both attractive and smart. The deck features a small storage closet plus there is an additional dedicated storage room for the unit on the ground floor. There is also covered parking (carport) in the front! With low monthly dues that cover W/S/G, this unit is an attractive buy!

2020 Superior Street Unit #202, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$1,595,000
2547453 MLS ⋅ ACTIVE Status
This exceptional 0.86-acre parcel in the heart of the desirable Roosevelt neighborhood offers a rare combination of historical charm, prime location, and outstanding development potential. The site features a substantial 20,000 sq ft warehouse originally constructed in the 1930s as a cannery, built with beautiful old-growth fir and cedar. While the structure stands as a testament to Bellingham’s industrial past—with direct rail access where trains once stopped to load and unload goods—it is ready for its next chapter. Highest and best use shines through: the seller has already completed plans for a 14-unit townhouse development (Haven Designs). Permits have not yet been pulled, giving the next owner the ability to make edits and move quickly on this development. The lot is level, free of wetlands, and perfectly suited for residential development in one of Bellingham’s most sought-after areas. Buyers looking to preserve the industrial character can continue using the warehouse for commercial purposes. With some thoughtful TLC, this sturdy, character-filled building—featuring its original heavy timber construction—could serve a variety of business needs while maintaining its historic appeal. The property sits directly adjacent to the popular Railroad Trail, offering immediate access to walking, biking, and outdoor recreation that defines Bellingham living. Residents and tenants will enjoy easy connectivity to downtown, nearby amenities, parks, and the vibrant community.

2701 Nevada Street, Bellingham

Listing courtesy of COMPASS.

$375,000
2 Beds ⋅ 2 Baths ⋅ 2540447 MLS ⋅ ACTIVE Status
Tucked at the end of a quiet cul-de-sac in the desirable Pacific Trail community, this light-filled corner unit offers the feel of a single-family home with only one shared wall and extra windows that flood the space with natural light. The open floor plan with vaulted ceilings flows effortlessly to a private patio backing green space, while direct access to the Railroad Trail puts walking, biking, and outdoor adventure right at your doorstep. A private one-car garage, low-maintenance HOA coverage of water, sewer, exterior maintenance, and landscaping, and a location just minutes from the shops, dining, and entertainment of Barkley Village make this an exceptional opportunity for those seeking comfort, convenience, and a connection to the outdoors — all in one beautifully positioned home.

2700 Silesia Lane Unit #A, Bellingham

Listing courtesy of COMPASS.

$875,000
2538986 MLS ⋅ ACTIVE Status
Located in a desirable area of Bellingham, this income-producing property offers strong current cash flow with exceptional long-term development potential. This property includes TWO homes: a recently updated 3-bedroom, 1-bath home renting for $2,500/month and a fully remodeled 2-bedroom, 1-bath apartment bringing $1,600/month. Tenants pay all utilities, and both units feature fully fenced yards and ample off-street parking, creating a low-maintenance investment with a cap rate exceeding 5% at current rents. An unfinished space ready to be built out into a studio apartment provides an immediate value-add opportunity to increase income. The real upside is the development potential. Zoning aligned with the city’s Middle Housing Ordinance allows for 16+ units, ideal for clusters of fourplex-style buildings. With improved street frontage and alley access, the property offers flexibility for phased redevelopment or a larger future project. The large grassy area north of the home may even provide the opportunity to subdivide, build another home, or pursue a smaller development project down the road. Located just minutes from Whatcom Falls Park and the Interurban Trail, the location supports strong rental demand from residents who value Bellingham’s outdoor lifestyle. Hold for income, add a third unit, subdivide, or plan future redevelopment—this is an investment with immediate performance and long-term upside.

2124 Woburn Street, Bellingham

Listing courtesy of RE/MAX Whatcom County, Inc..

$875,000
3 Beds ⋅ 1 Baths ⋅ 2537317 MLS ⋅ ACTIVE Status
Located in a desirable area of Bellingham, this income-producing property offers strong current cash flow with exceptional long-term development potential. This property includes TWO homes: a recently updated 3-bedroom, 1-bath home renting for $2,500/month and a fully remodeled 2-bedroom, 1-bath apartment bringing $1,600/month. Tenants pay all utilities, and both units feature fully fenced yards and ample off-street parking, creating a low-maintenance investment with a cap rate exceeding 5% at current rents. An unfinished space ready to be built out into a studio apartment provides an immediate value-add opportunity to increase income. The real upside is the development potential. Zoning aligned with the city’s Middle Housing Ordinance allows for 16+ units, ideal for clusters of fourplex-style buildings. With improved street frontage and alley access, the property offers flexibility for phased redevelopment or a larger future project. The large grassy area north of the home may even provide the opportunity to subdivide, build another home, or pursue a smaller development project down the road. Located just minutes from Whatcom Falls Park and the Interurban Trail, the location supports strong rental demand from residents who value Bellingham’s outdoor lifestyle. Hold for income, add a third unit, subdivide, or plan future redevelopment—this is an investment with immediate performance and long-term upside.

2124 Woburn Street, Bellingham

Listing courtesy of RE/MAX Whatcom County, Inc..

$795,000
2525360 MLS ⋅ ACTIVE Status
Centrally located duplex in Bellingham. Close to Barkley and Whatcom Falls Park. Each unit has 3 bedrooms and 2 bathrooms. Each unit also has a 2 car garage. Well maintained and being sold by the original owner. Don't miss out on this great investment opportunity. Unit 2316 just updated. No Lock Box.

2316 Xenia Street, Bellingham

Listing courtesy of Birch Bay Realty Inc..

$759,900
2482385 MLS ⋅ ACTIVE Status
"Investment opportunity! This DUPLEX is located in the heart of Bellingham; only a few blocks from Trader Joe's and a short 5 minute drive to downtown. Each unit boasts an open layout with 2 bedrooms & 2 bathrooms. Each has all appliances including washer/dryer, 4 off street parking spaces and detached storage sheds. Upstairs unit recently (December 2025) underwent full renovation including new vinyl plank flooring, interior paint, electrical switches/receptacles, smoke alarms/CO detectors, interior light fixtures, toilets, range hood, refrigerator, resealed showers, interior/exterior door handles. Downstairs unit has laminate flooring and all new appliances. Exterior was fully renovated in the last 5 years to include a 50 yr metal roof, James Hardie board siding with paint, all exterior windows replaced, fence and deck built! Units are occupied and rented."About a $100,000 or more in updates!

2424 Orleans Street, Bellingham

Listing courtesy of eXp Realty.

$525,000
3 Beds ⋅ 2 Baths ⋅ 2455806 MLS ⋅ ACTIVE Status
A rare opportunity to own one of Bellingham's older gems! This home has a large kitchen, an open living and dining room as well as solar for maximum efficiency. Original hardwood floors throughout that, once refinished, would be stunning! Large new deck that over looks the generous back yard that offers a stream running through it and a producing apple tree. This property truly feels like country living but in the city! Local deer love to graze and nap in the back yard as well. Do not miss out on the chance to take this home from a well loved classic to a modern stunner!

2735 Michigan Street, Bellingham

Listing courtesy of Bellwether Real Estate.

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