Bellingham, WA Real Estate Search

Bellingham, WA Multi-Family Homes for Sale

The real estate market in Bellingham, WA, offers a diverse selection of multi-family homes for sale, catering to both seasoned investors and those looking to enter the rental market. These properties, which range from classic duplexes to modern apartment complexes, provide an excellent opportunity for generating passive income while taking advantage of Bellingham's growing economy and vibrant community. Nestled between the stunning backdrop of the Cascade Mountains and the picturesque waters of Puget Sound, multi-family homes in this area attract a variety of tenants, including students, families, and professionals. Furthermore, Bellingham's appealing amenities, such as local parks, highly-rated schools, and a thriving downtown scene, make these properties even more desirable for potential renters. The blend of urban and natural attractions contributes to the strong demand for multi-family living options, making it a prime location for both investment and lifestyle choices.

Our website features the best real estate search for multi-family homes available in Bellingham, WA and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Bellingham, WA Multi-Family Homes for Sale

$17,000,000
2301403 MLS ⋅ ACTIVE Status
Location!!! This property is inside the Samish Way Urban Village Plan. Built in 2021 Samish Flats luxury apartment homes offer all the modern amenities including w/d in units. Low vacancies can be attributed to the convenient location, near I-5, Western Washington University and local amenities. The 20 lower-level garage spaces offer additional income, plus additional surface parking is available. In addition to the tenants paying all utilities, the property has approx 5 years left on an 8 year tax abatement on the improvements. Be a part of the exciting redevelopment of the very popular Samish area. For more info regarding the Opportunity Zone & Urban Village Plan visit the City of Bellingham planning website.

3613 Consolidation Avenue, Bellingham

Listing courtesy of Muljat Group.

$719,000
2299285 MLS ⋅ ACTIVE Status
Don't miss this beautifully-upgraded duplex w/ long and short term rental options, 2-car garage, shed, ample off-street parking, rooftop deck and more! Upper Unit (A) boasts plush carpeting in the spacious living room w/ cozy gas fireplace and ample natural light. Good-size kitchen w/ updated granite counters and tile backsplash, 2 spacious bedrooms, full bath w/ modern flooring, private yard w/ deck and firepit area. Lower Unit (B) features a fully-furnished layout w/ new fridge, private yard, lovely vinyl flooring, 2 bedrooms and full bath. Storage shed w/ income potential (current rent $300/month), parking pad, great location near amenities and easy access to commuter routes. $10,000 towards buyer's closing costs.

1401 Lakeway Drive, Bellingham

Listing courtesy of Redfin.

$1,800,000
2297958 MLS ⋅ ACTIVE Status
This multi-family investment opportunity in Bellingham features a newer, well-maintained 4-plex offering townhouse-style living. Each unit is designed with 2 bedrooms, including primary suite with a walk-in closet and ensuite bathroom, along with a 3/4 bathroom and a half bathroom. The property also includes oversized garages, fully applianced interiors with washers and dryers, and private decks. Situated in a prime location, this 4-plex offers easy access to Barkley Village, Mt. Baker, local schools, parks, trails, and Lake Whatcom. It's a solid investment, combining modern amenities with a convenient location.

4174 Aurora Loop, Bellingham

Listing courtesy of Muljat Group.

$775,000
2297137 MLS ⋅ ACTIVE Status
This exquisitely designed duplex, occupied by young professionals, is a South Hill investment gem. Featuring 3 beds on the main, w/ month-to-month lease, a gas furnace, & updated kitchen & bath, it is an ideal opp for owner-occupancy. Live-edge shelving, FP insert, fir floors, & Marmoleum plank in the living spaces will captivate. The upper unit offers vaulted ceilings w/ 2-bed layout, 3/4 bath & standalone gas FP. Guests can savor the urban & territorial views, complemented by a glimpse of the water. Steps from downtown Bellingham & the university, this Craftsman home boasts a fully fenced yard, perfect for entertaining in both the front and back; complete with flagstone patio, garden shed, & 3 car parking pad with a garage off the alley.

720 N Garden Street, Bellingham

Listing courtesy of Muljat Group.

$4,200,000
2295752 MLS ⋅ ACTIVE Status
Commonly known as Civic Field Apartments, 1471 Moore St is a 20-unit apt complex that would be an easy addition to any investment portfolio! Professionally managed & with historically low vacancies; 1/3 of the tenants have maintained occupancy here for the last 5+ yrs. Consistent rental demand can be attributed to the proximity of Western Washington University, and its convenient location just a short jog off Lakeway Dr, and 1/2-mile from I-5 access. Tenants also enjoy the complex’s plentiful on-site parking & walking distance to shopping, entertainment, & bus stops. Supplemental income is provided by the on-site laundry & storage units. With a major landscaping update recently completed, this great income producing property is ready to go!

1471 Moore Street, Bellingham

Listing courtesy of Muljat Group.

$1,595,000
2293676 MLS ⋅ ACTIVE Status
This successfully Airbnb home is perfectly situated on beautiful Lake Samish where lake fun is at it's finest. Currently 4 units with a total of 5 bedrooms, 5 baths, each unit has its own outdoor area to enjoy and relax in. Radiant heat patios and driveways are available for your guests comfort. Expansive lake views from almost every room delights the guests time and time again. Easy housekeeping and guest turnover makes this a logical investment. This property has so much to offer, plus it's just around a few corners from the infamous Galbraith Mountain Biking Trails!

961 W Lake Samish Drive, Bellingham

Listing courtesy of Fairhaven Realty br of Lakeway.

$1,190,000
2290647 MLS ⋅ ACTIVE Status
Investment opportunity at 2312 Orleans St, Bellingham! This well-maintained 4-unit apartment building in a central location offers future development potential for up to four more units on the back of the lot. A great option for cash flow while you develop. Location allows easy access to shopping, restaurants, entertainment, and freeway connections. Building has three spacious 2-bed, 1-bath units, one 1-bed, 1-bath unit, and an on-site coin-op laundry. Current rents are below market with a potential of $1,700-$1,900/month. Ideal for serious investors looking to grow ROI. Buyer to verify future development.

2312 Orleans Street, Bellingham

Listing courtesy of Keller Williams Western Realty.

$625,000
2280279 MLS ⋅ ACTIVE Status
Location location location! This duplex sits in Happy Valley w/quick & easy access to Fairhaven, WWU, trails, parks & downtown Bellingham. Current leases run through Summer 2025. Recent updates include a new roof in 2023 & fresh exterior paint. Ample parking with 2 covered parking spaces (parking area also features 2 storage closets) & space for up to 4 additional vehicles in the driveway. Unit 1 is currently rented for $1,465/mo. & Unit 2 is rented for $1,200/mo. Each unit is 780 SF w/2 bed 1 bath. Estimated market rent is $1,650 per unit. Interior photos were taken between tenants in 2022, but a 360-degree virtual tour of each unit in its current condition is available, see the virtual tour links. Property appraised for $680K in July 2023

1604 22nd Street, Bellingham

Listing courtesy of Windermere Real Estate Whatcom.

$875,000
2264377 MLS ⋅ ACTIVE Status
Opportunity awaits in this rare corner lot Duplex located in a quiet community near Fairhaven. The highly desirable 3 bedroom and 1.5 bath floorplan in each unit makes it perfect for multi generational living, an investor looking to maximize rental income, or a savvy buyer looking to subsidize their mortgage payment. Property has a new roof, new chimney stacks, new carpeting, fresh interior paint and new blinds in Unit B. Comes with driveway space for 4 vehicles (2 for each unit) and is fully stocked with all appliances, including a washer/dryer in each unit. Both units were rented this year for $1,800/month (below market average due to long term tenants), but both units are vacant and ready for you! Seller is updating all windows too!

2003 Wilson Avenue, Bellingham

Listing courtesy of John L. Scott Bellingham.

$1,050,000
2252850 MLS ⋅ ACTIVE Status
Discover an exceptionally rare opportunity with a uniquely beautiful duplex nestled in the heart of Bellingham. This rare property features two very distinct living spaces. One side is a 4-br, 2.5-bath, full ADA accessible home. The other is a 2-br, 1.75-bath, single-level home. Both offer comfort and privacy while on a spacious 0.25-acre lot. A 960-sqft detached shop with additional parking for recreational vehicles further highlights the property. Convenience is at your doorstep with proximity to all amenities, bus routes, the interurban trail system, and the vibrant Barkley Center just half a mile away. This is an unparalleled find for investors or those seeking a versatile living arrangement in a prime location.

2921 Pacific Street, Bellingham

Listing courtesy of Muljat Group.

$3,200,000
2251705 MLS ⋅ ACTIVE Status
Investor Alert! Welcome to The Residence at State, an absolute one-of-a-kind South Hill stunner. This 2 unit (2BD/2.5BA each) building is the epitome of elegance, showcases impeccable craftsmanship and lavish finishes that will leave you in awe. Step inside and be captivated by the seamless flow of the open floor plan, accentuated by 9-foot ceilings and a plethora of windows. Gourmet chef's kitchens features top-of-the-line appliances, custom cabinetry, and generous counter space. Wake up to breathtaking sunrises and enjoy panoramic views of Bellingham Bay from the privacy of your own balcony. (2) 1 car garages and (2) 210sqft storage spaces included! Close to premier Pickleball Club, Boulevard Park, Taylor Dock, Fairhaven & DT Bellingham.

312 N State Street, Bellingham

Listing courtesy of Rylee Park Properties.

$825,000
2228706 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. Current rents below market. Don't miss out on this great investment opportunity.

2316 Xenia Street Unit #2316, Bellingham

Listing courtesy of Birch Bay Realty Inc..

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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.