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1302 Larrabee Avenue Bellingham, WA $ 825,000
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$ 825,000 Get more info
1302 Larrabee Avenue
$ 825,000
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1302 Larrabee Avenue

Bellingham, WA, 98225
$ 825,000
Baths0.0 Sq 644

Monthly Estimate*

$ 5,147

Listed by Gage CRE
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Studio

Multi-Family Home for sale in Bellingham, WA

for $825,000. This 644 square foot home was built in 1916 on a lot size of 0.13.

This property offers excellent versatility with multiple possibilities: redevelopment potential, live-in investment, or rental income (short-term rentals are permitted) in sought-after Fairhaven. Short walking distance to all of Fairhaven's attractions and easy I-5 access via Old Fairhaven Parkway. The 644-square-foot home sits on a generous 5,662-square-foot lot in the Residential Transition-4 zone of Fairhaven Urban Village. Previously approved plans available from 2017 for a mixed-use commercial/residential building (Buyer to verify all uses).

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Multi-Family Active

Price

$ 825,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,991

Style

5-9 Units

Lot Size

0.13

Year Built

1916

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2430806
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1916
Property Subtype Multi Family
Tax Year 2025
Building Name Faihaven Land Company Second Addiion
County Whatcom
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Fairhaven
Special Listing Conditions None
Status Active
Directions From I-5 exit 250 to Old Fairhaven Pkwy. East on Old Fairhaven Pkwy approx 2 miles. North on 14th East on Larrabee. Property is on left.
City Bellingham
Senior Community Y/N N
High School District Bellingham
Open Parking Spaces 1
Number Of Units Total 0
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 5662
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 3991.88
Electric Expense 0
Fuel Expense 0
Public Remarks This property offers excellent versatility with multiple possibilities: redevelopment potential live-in investment or rental income (short-term rentals are permitted) in sought-after Fairhaven. Short
Leasable Area 644
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company COB
Units Below Grade false
Units In Building Total 1
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 0
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 1
Building Area Total 644
Lot Size Acres 0.13
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 1
Lot Number 8-9
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2430806
Street Number 1 1302
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* Excluded Features
List By
Greg Martineau

Listing Agent

Gage Cre

Broker

Affordability Calculator

$5,480
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,147
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256623 Elementary School
257507 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/25/2025$825,000 -7.82% Price Down
10/24/2025$895,000 -3.24% Price Down
9/20/2025$925,000 -5.13% Price Down
9/15/2025$975,000 -2.40% Price Down
9/8/2025$999,000 Listed Price

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1302 Larrabee Avenue, Bellingham, WA, 98225 is a Multi-Family Home for sale at $825,000 with 644 sqft and a lot size of 0.13. 1302 Larrabee Avenue is a studio with 0.0 baths and was built in 1916. The property's zip code is 98225 which is in Bellingham, WA

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