3092 Mt Baker Highway Bellingham, WA $ 1,185,000
3092 Mt Baker Highway
$ 1,185,000
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3092 Mt Baker Highway

Bellingham, WA, 98226
$ 1,185,000
Bedrooms8 Baths10.0 Sq 3,505

Monthly Estimate*

$ 7,482

Listed by Muljat Group
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Multi-Family Home for sale in Bellingham, WA

for $1,185,000 with 8 bedrooms and 10 full baths. This 3,505 square foot home was built in 1956 on a lot size of 4.7.

HUGE INVESTMENT OPPORTUNITY! Approximately 5 acres along the Mount Baker Highway corridor featuring a unique collection of residential and shop improvements and currently bringing in $12,650 / mo in rent. The property includes a 3-bedroom residence situated away from the road, flexible lower-level living areas with multiple bedrooms, kitchens, baths, and separate entrances, a manufactured home near the highway frontage, and a secluded beautiful and private RV area located further back on the property with septic/power/water. Additional improvements include a 40' x 60' clear-span shop building and a 40' x 40' shop with additional upper-level space. Ample parking, open yard areas, and excellent access create a versatile property with a rare combination of residential, shop, storage, and outdoor space. Conveniently located 10 minutes from I-5 and on the way to Mount Baker recreation areas.

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Multi-Family Active

Price

$ 1,185,000

Bedrooms

8

Full Bath

10

Property Type

Multi-Family

Taxes

$ 7,522

Style

5-9 Units

Lot Size

4.7

Year Built

1956

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2569169

Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1956
Property Subtype Multi Family
Tax Year 2026
County Whatcom
Net Operating Income 133024
Insurance Expense 6700
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bellingham
Special Listing Conditions None
Status Active
Directions From I-5 take Exit 255 for Mt. Baker Highway (SR-542). Travel east on Mt. Baker Highway approximately 8.5 miles. Property is located on the north side of the highway at 3092 Mt. Baker Hwy.
High School Mount Baker Snr High
City Bellingham
Senior Community Y/N N
High School District Mount Baker
Number Of Units Total 6
MLS Area 895 - Mount Baker/Deming
Lot Size Units Square Feet
Lot Size Square Feet 204732
Carport Spaces 1
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Harmony Elem
Tax Annual Amount 7522
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Mount Baker Jnr High
Property Condition Average
Public Remarks HUGE INVESTMENT OPPORTUNITY! Approximately 5 acres along the Mount Baker Highway corridor featuring a unique collection of residential and shop improvements and currently bringing in $12 650 / mo in
Leasable Area 8500
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Mount Baker Water Association
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 10.64
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Exterior
Exterior Amenities Wood
Parking Features RV Parking
Water Source Community Individual Well
Total Parking 13
Foundation Details Poured Concrete
Building Area Total 3505
Lot Size Acres 4.7
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features High Speed Internet Outbuildings Propane RV Parking Shop
Parking Uncovered Total 10
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Interior
Total Fireplaces 0
Total Stories 1
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 NWM2569169
Street Number 1 3092
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* Excluded Features
List By
Julian Friedman

Listing Agent

Muljat Group

Broker

Affordability Calculator

$8,109
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,482
Monthly Property Taxes
$627
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
256673 Elementary School
257148 Middle School
Mount Baker Snr High High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,185,000 Listed Price

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3092 Mt Baker Highway, Bellingham, WA, 98226 is a Multi-Family Home for sale at $1,185,000 with 3,505 sqft and a lot size of 4.7. 3092 Mt Baker Highway has 8 bedrooms, 10.0 baths, and was built in 1956. The property's zip code is 98226 which is in Bellingham, WA