2625 Maplewood Avenue Bellingham, WA $ 2,200,000
2625 Maplewood Avenue
$ 2,200,000
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2625 Maplewood Avenue

Bellingham, WA, 98225
$ 2,200,000
Baths0.0 Sq 1,596

Monthly Estimate*

$ 13,546

Listed by Coldwell Banker Bain
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Studio

Multi-Family Home for sale in Bellingham, WA

for $2,200,000. This 1,596 square foot home was built in 1974 on a lot size of 0.73.

Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This diversified setup provides multiple income streams while allowing for continued upside through rent adjustments or operational efficiencies. With low expenses and consistent cash flow, this is an ideal asset for investors seeking stability and long-term growth. Located in a high-demand area with limited affordable housing supply, the property benefits from strong occupancy trends and continued appreciation potential. Bellingham’s thriving economy, proximity to major employment hubs, and quality of life make this a highly attractive rental market. Whether you're expanding your portfolio or entering the mobile home park space, this investment offers both immediate income and future upside.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,462

Style

10+ Units

Lot Size

0.73

Year Built

1974

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2500339

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling 90%+ High Efficiency
Possession Closing
Roof Composition See Remarks
HOA Fee 0
Garage Spaces 0
Year Built 1974
Property Subtype Multi Family
Tax Year 2025
County Whatcom
Net Operating Income 131708
Insurance Expense 850
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Birchwood
Possible Use Commercial Multi-Family
Special Listing Conditions None
Status Active
Directions Take Northwest ave Right on Maplewood. Property on the left.
City Bellingham
Senior Community Y/N N
High School District Bellingham
Zoning Description Commercial Multi-Family
Number Of Units Total 11
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 31799
Carport Spaces 0
Carport Y/N N
Listing Terms Cash
Tax Annual Amount 9462
Electric Expense 420
Fuel Expense 0
Public Remarks Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses this property del
Leasable Area 4096
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 11
Water Sewer Garbage 12780
Property Style 56 - 10+ Units
Cap Rate 6
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Exterior
Exterior Amenities Metal/Vinyl Wood Products
Water Source Public
Total Parking 15
Building Area Total 1596
Lot Size Acres 0.73
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 15
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Interior
Total Fireplaces 0
Total Stories 10
Air Conditioning Y/N Y
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 NWM2500339
Street Number 1 2625
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* Excluded Features
List By
Nav Narwal

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$14,334
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$789
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
4/1/2026$2,200,000 Listed Price

Map


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2625 Maplewood Avenue, Bellingham, WA, 98225 is a Multi-Family Home for sale at $2,200,000 with 1,596 sqft and a lot size of 0.73. 2625 Maplewood Avenue is a studio with 0.0 baths and was built in 1974. The property's zip code is 98225 which is in Bellingham, WA