357 Martin Street Blaine, WA $ 1,099,990
357 Martin Street
$ 1,099,990
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357 Martin Street

Blaine, WA, 98230
$ 1,099,990
Baths0.0 Sq 3,000

Monthly Estimate*

$ 6,773

Listed by Windermere RE Whatcom, Inc.
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Studio

Multi-Family Home for sale in Blaine, WA

for $1,099,990. This 3,000 square foot home was built in 1990 on a lot size of 0.12.

Prime mixed-use investment opportunity in the heart of Blaine, WA. This 3,000 sq ft income-producing commercial building offers a strong blend of residential and retail revenue streams in a high-demand, walkable location. Featuring multiple fully leased units, this property provides immediate cash flow with upside potential. The upper level includes two remodeled residential units, each approximately 750 sq ft with 2 bedrooms and 1 full bath, showcasing modern upgrades such as custom cabinetry, luxury vinyl plank flooring, tile finishes, updated appliances, new windows, and doors. The main level offers flexible commercial space with established retail presence, three office suites, and an additional residential unit, creating diversified income sources. Recent capital improvements include new cement board siding, a new roof, and composite exterior stairs, enhancing long-term durability and reducing future maintenance costs. Ample parking is available via alley access and street frontage. Strategically located near downtown Blaine, I-5, and the US/Canada border, this property benefits from consistent local traffic and cross-border economic activity. Ideal for investors seeking a stabilized asset with mixed-use zoning, strong rental history, and long-term appreciation potential.

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Multi-Family Active

Price

$ 1,099,990

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,864

Style

5-9 Units

Lot Size

0.12

Year Built

1990

Town/City

Blaine

County/Region

Whatcom

MLS | Web ID

2517689

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Furnace
Cooling None
Possession Closing
Roof Composition Flat
HOA Fee 0
Garage Spaces 0
Year Built 1990
Property Subtype Multi Family
Tax Year 2025
County Whatcom
Net Operating Income 70449
Insurance Expense 2100
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Blaine
Possible Use Business
Special Listing Conditions None
Status Active
Directions Peace Portal- East on Martin to address. Park on street or off alley parking behind.
High School Blaine High
City Blaine
Senior Community Y/N N
High School District Blaine
Zoning Description Business
Number Of Units Total 7
MLS Area 880 - Blaine/Birch Bay
Lot Size Units Square Feet
Lot Size Square Feet 5227
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Blaine Elem
Tax Annual Amount 2864
Electric Expense 2919
Fuel Expense 0
Middle/Junior High School Blaine Mid
Property Condition Updated/Remodeled
Public Remarks Prime mixed-use investment opportunity in the heart of Blaine WA. This 3 000 sq ft income-producing commercial building offers a strong blend of residential and retail revenue streams in a high-deman
Leasable Area 3000
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company City of Blaine
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 1668
Property Style 55 - 5-9 Units
Cap Rate 6.4
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Exterior
Exterior Amenities Cement Planked
Lot Features Alley Paved Sidewalk
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 3000
Lot Size Acres 0.12
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV High Speed Internet
Parking Uncovered Total 4
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Interior
Flooring Laminate Vinyl Plank 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 NWM2517689
Street Number 1 357
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* Excluded Features
List By
Brandi Coplen

Listing Agent

Windermere Re Whatcom, Inc.

Broker

Affordability Calculator

$7,011
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$239
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
258818 Elementary School
257691 Middle School
Blaine High High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$1,099,990 Listed Price

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357 Martin Street, Blaine, WA, 98230 is a Multi-Family Home for sale at $1,099,990 with 3,000 sqft and a lot size of 0.12. 357 Martin Street is a studio with 0.0 baths and was built in 1990. The property's zip code is 98230 which is in Blaine, WA