2701 Northwest Avenue Bellingham, WA $ 995,000
2701 Northwest Avenue
$ 995,000
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2701 Northwest Avenue

Bellingham, WA, 98225
$ 995,000
Baths0.0 Sq 2,376

Monthly Estimate*

$ 6,126

Listed by RE/MAX Whatcom County, Inc.
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Studio

Multi-Family Home for sale in Bellingham, WA

for $995,000. This 2,376 square foot home was built in 1925 on a lot size of 0.21.

Two-story mixed-use triplex on sunny corner lot in sought-after Fountain District oozes with charm and performs at a 6% cap rate! Zoned Urban Village Commercial Transition which allows many redevelopment options - but this is no tear down. Originally built in 1925, all units have been fully updated and maintained by current owners. Commercial suite, remodeled in 2018, has welcoming front reception with 4 separate treatment rooms and a 5th room with sink which could be used for treatments or a break room. Upper level 2-bedroom apartment remodeled in 2025 with new carpet, paint and fixtures. Downstairs apartment remodeled in 2015 with new flooring installed in 2020. Property delivers a 6% cap rate with 2,376 sqft on the interior and a large graveled lot with 12 parking spots. Back patio / grotto is a perfect little secret which owners and staff use as an outdoor break room. Parcel is bigger than it looks as arborvitae hide additional lot square footage. Located within walking distance of popular shops and restaurants. Excellent traffic counts with high visibility retail presence. Owners will carry a partial loan with at least $500K down.

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Multi-Family Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Tri-plex

Lot Size

0.21

Year Built

1925

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2540094

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Subject To Tenant Rights
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1925
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Whatcom
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bellingham
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions from I5 exit Bellis Fair Mall / Meridian Street left on Meridian. Right at Birchwood Street left at Northwest. Property will be on your right.
High School Bellingham High
City Bellingham
Senior Community Y/N N
High School District Bellingham
Zoning Description Commercial
Number Of Units Total 3
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 9148
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry See Remarks
Elementary School Columbia Elem
Tax Annual Amount 0
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Shuksan Mid
Property Condition Good
Public Remarks Two-story mixed-use triplex on sunny corner lot in sought-after Fountain District oozes with charm and performs at a 6% cap rate! Zoned Urban Village Commercial Transition which allows many redevelop
Leasable Area 2376
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Bellingham
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 6
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Exterior
Exterior Amenities Cement/Concrete
Lot Features Corner Lot
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 2376
Lot Size Acres 0.21
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV High Speed Internet Patio
Parking Uncovered Total 12
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Interior
Flooring Laminate See Remarks Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2540094
Street Number 1 2701
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* Excluded Features
List By
Rebecca Heathcock

Listing Agent

Re/Max Whatcom County, Inc.

Broker

Affordability Calculator

$6,126
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
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Monthly Home Insurance
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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
5106666 Elementary School
256937 Middle School
Bellingham High High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$995,000 Listed Price

Map


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2701 Northwest Avenue, Bellingham, WA, 98225 is a Multi-Family Home for sale at $995,000 with 2,376 sqft and a lot size of 0.21. 2701 Northwest Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 98225 which is in Bellingham, WA