1100 23rd, Bellingham, WA 98225
- $1,150,000
- 1,848
- SqFt
Listing courtesy of Muljat Group.
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- 2554461
- Days on Market
- 14
- Style
- 52 - Duplex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 1,848
- Area Total SqFt
- 1848
- Annual Tax Ammount
- 6229
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity in Bellingham's highly sought after Happy Valley neighborhood. Ideally located just blocks from Western Washington University and the Sehome Hill Arboretum, this duplex offers convenient access to Fairhaven, downtown Bellingham, miles of trails, parks, restaurants, shopping, and schools. Each fully renovated two bedroom, townhouse style unit features covered decks, luxury vinyl plank flooring, stainless steel appliances, quartz countertops, in-unit washer and dryer, and cozy fireplaces. The property has an excellent rental history with consistently low vacancy, is fully leased, and has been meticulously owner managed. A true turnkey investment!
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Additional Information
- List Date
- 2026-07-14 19:28:13
- Community
- Bellingham
- Net Operating Income
- $48,567
- Gross Adjusted Income
- $58,212
- Gross Scheduled Income
- $58,800
- Total Monthly Income
- $4,900
- Insurance Expenses
- $1,561
- Gross Rent Multiplier
- 19.56
- Total Expenses
- $9,645
- Cap Rate
- 4.2
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 1100
- Potential Terms
- Cash, Conventional
- Year Built
- 1975
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, High Speed Internet
- Other Expenses
- 1855
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Happy Vly Elem
- Middle School
- Fairhaven Mid
- High School
- Sehome High
- Total Monthly Income
- $4,900
- Gross Scheduled Income
- $58,800
- Vacancy Rate
- 1
- Gross Adjusted Income
- $58,212
- Tax Year
- 2026
- Insurance Expense
- $1,561
- Total Expenses
- $9,645
- Net Operating Income
- $48,567
- Gross Rent Multiplier
- 19.56
- Cap Rate
- 4.2
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.