3223 Greenwood, Bellingham, Washington 98225

WA, Bellingham
$825,000
  • 3,222 Sqft
  • Residential Income Property Type
  • 1928 Year Built
  • Expired Status
Property Description

Rare Multi-Home Investment Opportunity in Birchwood. Exceptional opportunity to acquire a four-home investment property just outside city limits on a quiet residential street in the desirable Birchwood neighborhood. Zoned URMX in Whatcom County, this property offers strong long-term holding value with meaningful redevelopment and rent-growth potential. The homes have historically been rented to long-term, respectful tenants, providing consistent occupancy. With turnover, the properties will benefit from targeted upgrades—presenting a clear value-add opportunity and upside through rent normalization. Seller financing may be available with 50% down and credit verification, creating additional flexibility for qualified buyers. Please note: No signage or lockboxes. Do not disturb tenants without a scheduled tour. Photos are from prior years. A compelling opportunity for investors seeking steady income today with significant upside over time.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2471672
  • Price: $825,000
  • Square Footage: 3,222 Sqft
  • Year Built: 1928
  • Lot Area: 0.57 Acre
  • Status: Expired
  • Office Name: RE/MAX Whatcom County, Inc.
  • Agent Name: Chris Edwards
  • Property Sub Type: Multi Family
  • Roof: See Remarks, Composition
Features
  • Heating System Forced Air
  • Cooling System Forced Air
  • Carport Spaces: 2
  • Exterior Features See Remarks
  • Flooring See Remarks
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Bellingham
  • Zipcode 98225
  • Street: Greenwood
  • Street Number: 3225
  • Longitude: W123° 28' 54.7''
  • Latitude: N48° 46' 30.5''
  • Directions: North on I-5 to Bakerview, left on Bakerview, left on Bennett, left on Cottonwood, right on Greenwood.
  • Mls Area Major: 860 - Bellingham
Neighborhood
  • High School District: Bellingham
Additional Information
  • Stories Total: 1
  • Possible Use: See Remarks
  • On Market Date: 2026-01-24
  • Number Of Units Total: 4
  • Lot Features: Paved, Value In Land
  • Foundation Details: Tie Down
  • Construction Materials: See Remarks
Financial
  • Tax Annual Amount: 7641
Listing Information
  • List Agent Mls Id: 119612
  • List Office Mls Id: 9947
  • Listing Term: Cash,See Remarks
  • Mls Status: Expired
  • Modification Timestamp: 2026-03-31T07:17:15Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-03-31T07:15:16Z
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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