2312 Orleans Street Bellingham, WA $ 1,099,000
2312 Orleans Street
$ 1,099,000
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2312 Orleans Street

Bellingham, WA, 98229
$ 1,099,000
Baths0.0 Sq 3,456

Monthly Estimate*

$ 6,856

Listed by Keller Williams Western Realty
2312 Orleans Street, Bellingham, WA 98229 - Image 1
2312 Orleans Street, Bellingham, WA 98229 - Image 2
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2312 Orleans Street, Bellingham, WA 98229 - Image 9
2312 Orleans Street, Bellingham, WA 98229 - Image 10
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2312 Orleans Street, Bellingham, WA 98229 - Image 12
2312 Orleans Street, Bellingham, WA 98229 - Image 13
2312 Orleans Street, Bellingham, WA 98229 - Image 14
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2312 Orleans Street, Bellingham, WA 98229 - Image 19
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Studio

Multi-Family Home for sale in Bellingham, WA

for $1,099,000. This 3,456 square foot home was built in 1973 on a lot size of 0.23.

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.

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Multi-Family Active

Price

$ 1,099,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,915

Style

4-Plex

Lot Size

0.23

Year Built

1973

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2449566

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1973
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Whatcom
Net Operating Income 60240
Insurance Expense 3500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bellingham
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions West on Alabama St. Left on Orleans. Building is near end of street on the left.
City Bellingham
Senior Community Y/N N
High School District Bellingham
Zoning Description Multi-Family
Open Parking Spaces 5
Number Of Units Total 4
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 10019
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 6915.42
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks 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 spa
Leasable Area 3456
Virtual Tour https://app.brivity.com/listings/2312-orleans-st-bellingham-wa-98229-00b6bb2c-b215-4c92-b489-b279c5ba03b3/tour?unbranded=true
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry See Remarks
Water Company City of Bellingham
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 5.5
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Paved Sidewalk
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 3456
Lot Size Acres 0.23
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially High Speed Internet
Parking Uncovered Spaces 5
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
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 NWM2449566
Street Number 1 2312
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* Excluded Features
List By
Anthony Zapata

Listing Agent

Keller Williams Western Realty

Broker

Affordability Calculator

$7,433
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,856
Monthly Property Taxes
$576
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
Pricing History
DatePricePrice ChangeDescription
10/30/2025$1,099,000 Listed Price

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2312 Orleans Street, Bellingham, WA, 98229 is a Multi-Family Home for sale at $1,099,000 with 3,456 sqft and a lot size of 0.23. 2312 Orleans Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 98229 which is in Bellingham, WA