1534 Franklin Street Bellingham, WA $ 1,199,000
1534 Franklin Street
$ 1,199,000
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1534 Franklin Street

Bellingham, WA, 98225
$ 1,199,000
Baths0.0 Sq 3,168

Monthly Estimate*

$ 7,382

Listed by Pacific Continental Realty LLC
1534 Franklin Street, Bellingham, WA 98225 - Image 1
1534 Franklin Street, Bellingham, WA 98225 - Image 2
1534 Franklin Street, Bellingham, WA 98225 - Image 3
1534 Franklin Street, Bellingham, WA 98225 - Image 4
1534 Franklin Street, Bellingham, WA 98225 - Image 5
1534 Franklin Street, Bellingham, WA 98225 - Image 6
Studio

Multi-Family Home for sale in Bellingham, WA

for $1,199,000. This 3,168 square foot home was built in 1979 on a lot size of 0.21.

Attractive investment opportunity featuring well-maintained units with durable laminate flooring, vinyl windows, upgraded trim and doors, and clean, functional interiors. Each unit is equipped with in-suite washer and dryer, pantry storage, and linen closets - features that enhance tenant appeal and retention. The property benefits from light, open layouts and a highly accessible location directly across from Grocery Outlet and near downtown, supporting consistent rental demand.

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,530

Style

4-Plex

Lot Size

0.21

Year Built

1979

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2494539

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof See Remarks
HOA Fee 0
Garage Spaces 0
Year Built 1979
View City
Property Subtype Multi Family
Tax Year 2025
County Whatcom
Net Operating Income 60776
Insurance Expense 2375
New Construction N
Property Type Residential Income
HOA N
Subdivision Name York
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions I-5 to south on Lakeway Dr follow onto Ellis St right York St Right on Franklin
City Bellingham
Senior Community Y/N N
High School District Bellingham
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 9148
Carport Spaces 12
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 8530
Electric Expense 0
Fuel Expense 0
Public Remarks Attractive investment opportunity featuring well-maintained units with durable laminate flooring vinyl windows upgraded trim and doors and clean functional interiors. Each unit is equipped with in-su
Leasable Area 3168
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 5.07
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Exterior
Exterior Amenities See Remarks
Building Area Total 3168
Lot Size Acres 0.21
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 12
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Interior
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 NWM2494539
Street Number 1 1534
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* Excluded Features
List By
Ryan A. Martin

Listing Agent

Pacific Continental Realty Llc

Broker

Affordability Calculator

$8,093
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,382
Monthly Property Taxes
$711
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
256623 Elementary School
257507 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$1,199,000 Listed Price

Map


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1534 Franklin Street, Bellingham, WA, 98225 is a Multi-Family Home for sale at $1,199,000 with 3,168 sqft and a lot size of 0.21. 1534 Franklin Street is a studio with 0.0 baths and was built in 1979. The property's zip code is 98225 which is in Bellingham, WA