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
Bedrooms7 Baths4.0 Sq 3,456

Monthly Estimate*

$ 7,591

Listed by Keller Williams Western Realty
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Multi-Family Home for sale in Bellingham, WA

for $1,099,000 with 7 bedrooms and 4 full baths. This 3,456 square foot home was built in 1973 on a lot size of 0.23.

Build your portfolio with this Bellingham fourplex offering rental income potential, recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit, the property offers options for an investor expanding a portfolio or a buyer looking to live in one unit and build a rental portfolio with the others. The mix of one- and two-bedroom homes provides flexibility for a long-term investment plan, while on-site coin-op laundry adds another income source. Recent improvements include fresh paint in two units, new carpet in Unit B, a new refrigerator in Unit D, and refreshed paint and caulking in the common areas. These updates support the property's rental appeal and give the next owner a starting point for future opportunities. Located in a central Bellingham area near shopping, restaurants, parks and freeway access, the property combines everyday convenience with long-term investment possibilities. Beyond the existing fourplex, the back portion of the lot offers potential for future development, creating another avenue to explore as part of a broader investment strategy. Focus on the existing rental income potential, consider an owner-occupied approach, or explore how the property could fit your plans for future growth. Buyer to verify development potential.

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Multi-Family Active

Price

$ 1,099,000

Bedrooms

7

Full Bath

4

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 43955
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 Conventional FHA VA Loan
Tax Annual Amount 6915
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Build your portfolio with this Bellingham fourplex offering rental income potential recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit the property offers o
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 4
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Paved Sidewalk
Water Source Public
Total Parking 10
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 Total 10
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

anthonyz@benkinneyteam.com

Email

Affordability Calculator

$8,167
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,591
Monthly Property Taxes
$576
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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 has 7 bedrooms, 4.0 baths, and was built in 1973. The property's zip code is 98229 which is in Bellingham, WA