2303 Taylor Avenue Bellingham, WA $ 3,500,000
2303 Taylor Avenue
$ 3,500,000
Open House 1/16 11:30am - 12:30pm
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2303 Taylor Avenue

Bellingham, WA, 98225
$ 3,500,000
Baths0.0 Sq 8,400

Monthly Estimate*

$ 21,550

Listed by Muljat Group
2303 Taylor Avenue, Bellingham, WA 98225 - Image 1
2303 Taylor Avenue, Bellingham, WA 98225 - Image 2
2303 Taylor Avenue, Bellingham, WA 98225 - Image 3
2303 Taylor Avenue, Bellingham, WA 98225 - Image 4
2303 Taylor Avenue, Bellingham, WA 98225 - Image 5
2303 Taylor Avenue, Bellingham, WA 98225 - Image 6
2303 Taylor Avenue, Bellingham, WA 98225 - Image 7
2303 Taylor Avenue, Bellingham, WA 98225 - Image 8
2303 Taylor Avenue, Bellingham, WA 98225 - Image 9
2303 Taylor Avenue, Bellingham, WA 98225 - Image 10
2303 Taylor Avenue, Bellingham, WA 98225 - Image 11
Studio

Multi-Family Home for sale in Bellingham, WA

for $3,500,000. This 8,400 square foot home was built in 1989 on a lot size of 0.36.

Well-located 20-unit multifamily asset in the highly desirable Western Washington University neighborhood—one of Bellingham’s strongest and most consistent rental markets. The property features a desirable mix of studio and one-bedroom units, off-street parking, and a strong rental history. Sustained demand driven by proximity to Western Washington University, downtown, and local amenities. An attractive long-term investment opportunity and easy addition to any portfolio!

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Open House

1/16/2026 11:30 AM - 12:30 PM
2303 Taylor Avenue Bellingham, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Pending

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 25,361

Style

10+ Units

Lot Size

0.36

Year Built

1989

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2465853

Features
General
Living Area 0
Sewer Available Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1989
Property Subtype Multi Family
Tax Year 2025
County Whatcom
Net Operating Income 188611
Insurance Expense 4750
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bellingham
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Pending Feasibility
Directions Exit I-5 at S Samish Way and turn right then left onto Bill McDonald Pkwy. In one mile turn left onto 25th St then right onto Taylor Ave. Turn right into the parking lot.
City Bellingham
Senior Community Y/N N
High School District Bellingham
Zoning Description Multi-Family Residential
Open Parking Spaces 20
Number Of Units Total 20
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 15682
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Happy Vly Elem
Tax Annual Amount 25361
Electric Expense 1000
Fuel Expense 0
Middle/Junior High School Fairhaven Mid
Public Remarks Well-located 20-unit multifamily asset in the highly desirable Western Washington University neighborhoodone of Bellinghams strongest and most consistent rental markets. The property features a desir
Leasable Area 8400
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Coin Op Laundry
Water Company City of Bellingham
Units Below Grade false
Units In Building Total 20
Water Sewer Garbage 18000
Property Style 56 - 10+ Units
Cap Rate 5.39
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Exterior
Exterior Amenities Wood Products
Lot Features Paved
Water Source Public
Total Parking 20
Foundation Details Poured Concrete
Building Area Total 8400
Lot Size Acres 0.36
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 20
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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 NWM2465853
Street Number 1 2303
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* Excluded Features
List By
Troy C. Muljat

Listing Agent

Muljat Group

Broker

Affordability Calculator

$23,664
Per Month
91%
9%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
$2,113
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
258007 Elementary School
256837 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$3,500,000 Listed Price

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2303 Taylor Avenue, Bellingham, WA, 98225 is a Multi-Family Home for sale at $3,500,000 with 8,400 sqft and a lot size of 0.36. 2303 Taylor Avenue is a studio with 0.0 baths and was built in 1989. The property's zip code is 98225 which is in Bellingham, WA