1301 1305 Mitchell Avenue, Blaine, WA 98230

$799,996
4,048
SqFt

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Listing courtesy of John L. Scott Bellingham.

List Price
$799,996
Status
ACTIVE
MLS#
2556763
Days on Market
7
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
4,048
Area Total SqFt
4048
Annual Tax Ammount
5606.29
Internet Provider
Xfinity
Lot Size (sq ft)
8,712
Sewer
Sewer Connected

Property Description

Exceptional investment opportunity in Blaine! Spacious duplex offering 4,048 sq ft of living space on a 0.20-acre lot. Built in 1999, this well-designed property features two 3-bedroom, 2-bath units, large second story deck, attached garage parking, and generous outdoor space. Each unit has it's own individual indoor fireplace. Fully leased out, providing immediate cash flow, making this an outstanding opportunity for investors or owner-occupants seeking supplemental income. Conveniently located near downtown Blaine, schools, parks, and the Canadian border, this versatile property offers flexibility, space, and long-term investment potential.

Additional Information

List Date
2026-07-20 22:31:13
Community
Blaine
Net Operating Income
$40,686
Gross Adjusted Income
$48,000
Gross Scheduled Income
$48,000
Total Monthly Income
$5,050
Insurance Expenses
$1,200
Gross Rent Multiplier
16.4
Total Expenses
$7,806
Cap Rate
5.1
Total Number of Units
2
Unit Name
1301 1305
Potential Terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Year Built
1999
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet
Other Expenses
1000
Energy Source
Electric, Natural Gas
School District
Blaine
Elementary School
Blaine Elem
Middle School
Blaine Mid
High School
Blaine High
Total Monthly Income
$5,050
Gross Scheduled Income
$48,000
Gross Adjusted Income
$48,000
Tax Year
2026
Insurance Expense
$1,200
Total Expenses
$7,806
Net Operating Income
$40,686
Gross Rent Multiplier
16.4
Cap Rate
5.1
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.
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