2312 Orleans Street, Bellingham, Washington 98229

WA, Bellingham
$1,099,000
  • 3,456 Sqft
  • Residential Income Property Type
  • 1973 Year Built
  • Active Status
Property Description

Prime investment opportunity in Bellingham! This well-maintained fourplex offers strong income potential and future development options on the back portion of the lot. The property features three spacious 2BD/1BA units and one 1BD/1BA unit, plus an on-site coin-op laundry for added income. Located in a central area close to shopping, restaurants, parks, and freeway access, it’s ideal for investors seeking steady returns and long-term upside. Current rents are below market, creating immediate value-add potential with rent adjustments or upgrades. Whether you’re entering the investment market or expanding your portfolio, this property offers solid cash flow today and room to grow tomorrow. Buyer to verify development potential.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2449566
  • Price: $1,099,000
  • View: Territorial
  • Square Footage: 3,456 Sqft
  • Year Built: 1973
  • Lot Area: 0.23 Acre
  • Status: Active
  • Office Name: Keller Williams Western Realty
  • Agent Name: Anthony Zapata
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood, Wood Products
  • Flooring Carpet, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Bellingham
  • Zipcode 98229
  • Street: Orleans
  • Street Number: 2312
  • Street Suffix: Street
  • Longitude: W123° 32' 33.9''
  • Latitude: N48° 45' 39''
  • Directions: West on Alabama St. Left on Orleans. Building is near end of street on the left.
  • Mls Area Major: 860 - Bellingham
Neighborhood
  • High School District: Bellingham
Additional Information
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2025-10-30
  • Number Of Units Total: 4
  • Lot Features: Paved, Sidewalk, Alley
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 6915.42
Listing Information
  • Co List Agent Full Name: Ben Kinney
  • Co List Agent Mls Id: 43631
  • Co List Office Mls Id: 9978
  • Co List Office Name: Keller Williams Western Realty
  • List Agent Mls Id: 96716
  • List Office Mls Id: 9978
  • Listing Term: Cash,Conventional,FHA,VA Loan
  • Mls Status: Active
  • Modification Timestamp: 2026-04-22T22:10:33Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-10-30T21:07:35Z
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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