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1406 Franklin Street Bellingham, WA $ 950,000
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1406 Franklin Street
$ 950,000
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1406 Franklin Street

Bellingham, WA, 98225
$ 950,000
Bedrooms7 Baths5.0 Sq 3,455

Monthly Estimate*

$ 5,998

Listed by Hammer Properties NW Inc.
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Multi-Family Home for sale in Bellingham, WA

for $950,000 with 7 bedrooms and 5 full baths. This 3,455 square foot home was built in 1900 on a lot size of 0.15.

Turnkey investment with a proven rental history and strong demand in Bellingham's historic York Neighborhood. This Fully occupied duplex lives more like two homes than two attached units. Each side offers a bedroom with a private full bath, generous living space, in-unit laundry, and ample off-street parking. Well maintained and ideally located near 1-5, WWU, downtown Bellingham, transit, and Nelson's Market. Enjoy an easy walk or bike to local restaurants, breweries, and neighborhood favorites. This unique opportunity is perfect for any investment portfolio or a future owner occupant looking for all the charm of the York Neighborhood while offsetting home ownership costs with consistent rental income.

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Multi-Family Active

Price

$ 950,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 9,599

Style

Duplex

Lot Size

0.15

Year Built

1900

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2577751
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air Wall Furnace
Cooling None
Possession Closing See Remarks Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1900
Property Subtype Multi Family
Tax Year 2026
County Whatcom
Net Operating Income 60564
Insurance Expense 2879
New Construction N
Property Type Residential Income
HOA N
Subdivision Name York
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions Lakeway to North on Franklin St. property on east side of Franklin
City Bellingham
Senior Community Y/N N
High School District Bellingham
Zoning Description Multi-Family Residential
Number Of Units Total 2
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 6534
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 9599.6
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Turnkey investment with a proven rental history and strong demand in Bellingham's historic York Neighborhood. This Fully occupied duplex lives more like two homes than two attached units. Each side o
Leasable Area 3455
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 6.38
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Exterior
Exterior Amenities Cement Planked
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Block Poured Concrete
Building Area Total 3455
Lot Size Acres 0.15
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet Patio
Parking Uncovered Total 5
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Interior
Flooring Vinyl 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 NWM2577751
Street Number 1 1406
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* Excluded Features
List By
Joe Tedrow

Listing Agent

Hammer Properties Nw Inc.

Broker

Affordability Calculator

$6,798
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,998
Monthly Property Taxes
$800
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/3/2026$950,000 Listed Price

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1406 Franklin Street, Bellingham, WA, 98225 is a Multi-Family Home for sale at $950,000 with 3,455 sqft and a lot size of 0.15. 1406 Franklin Street has 7 bedrooms, 5.0 baths, and was built in 1900. The property's zip code is 98225 which is in Bellingham, WA

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