Listing provided courtesy of Lakeside Realty, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2529059
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Request Info2701 Texas (2701-2709) StreetBellingham, WA 98229
Multi-Family · 8 Beds · 1,971 Sq. ft. | 0.34 Acres$1,200,000
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2701 Texas (2701-2709) Street Overview
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Investor opportunity! If you're looking for a place to put your 1031 exchange money look no further! This fourplex featuring four 2-bedroom, 1-bath units with strong upside potential. 2705 & 2709 have been updated, while 2701 & 2703 offer an opportunity for improvements and added value. Current rents are below market, providing excellent potential for future rental increases and improved cash flow. Tenants are month to month. All units include a washer and dryer, 2701-2703 (stack units), 2705-2709 (full size) Each building has a submeter installed to track each tenants water use so you can charge the tenant for their share of the water and sewer bill.
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2701 Texas (2701-2709) Street Facts & Features
- Type Multi-Family
- Sq. ft. 1,971
- Price/Sq.ft. $609
- Lot 0.34 Acres
Details
General
Association/HOA
- Association Fee: $0.00
- Association Fee Frequency: Not Applicable
School Information
- School District: Bellingham
- Elementary School: Roosevelt Elementary
- Middle Or Junior School: Kulshan Mid
- High School: Bellingham High
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 59845
- Insurance Expense: 2214.31
- Net Operating Income: 50399
- Total Expenses: 9446
- Total Monthly Income: 4987
- Water/Sewer/Garbage: 0
Building Information
- Building Name: Blakeslee's
- New Construction: No
- Year Built: 1976
Location/Region
- Country: US
- County Or Parish: Whatcom
- MLS Area Major: 860 - Bellingham
- Subdivision Name: Alabama Hill
Tax Information
- Tax Annual Amount: $7,231.69
- Tax Year: 2026
General Information
- Listing Terms: Cash
- Parcel Number: 3803211080480000
- Possible Use: Multi-Family
- Property Condition: Average
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Possible: 8
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 1971
- Building Area Units: Square Feet
- Calculated Square Footage: 1971
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3502
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 8
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.34
- Lot Size Dimensions: 14810
- Lot Size Square Feet: 14812
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 4
- Carport: No
- Covered Spaces: 4
- Exterior Features: Wood
- Number Of Units Total: 4
- Sewer: Sewer Connected
Unit Information
Unit 4 Details
- Actual Rent: 1200
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1500
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 950
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 950
- Beds Total: 2
- Baths Total: 1
2701 Texas (2701-2709) Street Neighborhood
Community
98229 (Bellingham) Demographics
40
Median Age
619
Population Density (per sq. mile)
57%
College Educated
$75,099
Estimated Median Income
9,521
Estimated Total Home Owners
3,744
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2701 Texas (2701-2709) Street Monthly Cost
2701 Texas (2701-2709) Street Market Data
Based on the last 30 days in this zip code
$888,603
Average List Price
$415
Average Price per Square Foot
56
Properties Sold
65
Average Days on Market
168
Properties for Sale
2701 Texas (2701-2709) Street History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: NWMLS | June 17, 2026 |