2625 Maplewood Avenue, Bellingham, Washington 98225

WA, Bellingham
$2,200,000
  • 1,596 Sqft
  • Residential Income Property Type
  • 1974 Year Built
  • Active Status
Property Description

Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This diversified setup provides multiple income streams while allowing for continued upside through rent adjustments or operational efficiencies. With low expenses and consistent cash flow, this is an ideal asset for investors seeking stability and long-term growth. Located in a high-demand area with limited affordable housing supply, the property benefits from strong occupancy trends and continued appreciation potential. Bellingham’s thriving economy, proximity to major employment hubs, and quality of life make this a highly attractive rental market. Whether you’re expanding your portfolio or entering the mobile home park space, this investment offers both immediate income and future upside.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2500339
  • Price: $2,200,000
  • Square Footage: 1,596 Sqft
  • Year Built: 1974
  • Lot Area: 0.73 Acre
  • Status: Active
  • Office Name: Coldwell Banker Bain
  • Agent Name: Nav Narwal
  • Property Sub Type: Multi Family
  • Roof: See Remarks, Composition
Features
  • Heating System Forced Air
  • Cooling System 90%+ High Efficiency
  • Exterior Features Metal/Vinyl, Wood Products
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Bellingham
  • Zipcode 98225
  • Street: Maplewood
  • Street Number: 2625
  • Street Suffix: Avenue
  • Longitude: W123° 30' 1.5''
  • Latitude: N48° 46' 31.5''
  • Directions: Take Northwest ave, Right on Maplewood. Property on the left.
  • Mls Area Major: 860 - Bellingham
Neighborhood
  • High School District: Bellingham
Additional Information
  • Water Source: Public
  • Stories Total: 10
  • Possible Use: Commercial,Multi-Family
  • On Market Date: 2026-04-01
  • Number Of Units Total: 11
  • Construction Materials: Metal/Vinyl, Wood
Financial
  • Tax Annual Amount: 9462
Listing Information
  • List Agent Mls Id: 112555
  • List Office Mls Id: 9994
  • Listing Term: Cash
  • Mls Status: Active
  • Modification Timestamp: 2026-04-01T15:43:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-01T15:34:13Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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