


357 Martin StreetBlaine, WA 98230
Multi-Family · 5 Beds · 3,000 Sq. ft. | 0.12 Acres357 Martin Street Overview
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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.
357 Martin Street Facts & Features
- Type Multi-Family
- Sq. ft. 3,000
- Price/Sq.ft. $367
- Lot 0.12 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Blaine
- Elementary School: Blaine Elem
- Middle Or Junior School: Blaine Mid
- High School: Blaine High
Income/Expenses
- Other Expense: 400
- Electric Expense: 2919
- Fuel Expense: 0
- Gross Scheduled Income: 83400
- Insurance Expense: 2100
- Net Operating Income: 70449
- Total Expenses: 9951
- Total Monthly Income: 6800
- Water/Sewer/Garbage: 1668
Building Information
- New Construction: No
- Year Built: 1990
Location/Region
- Country: US
- County Or Parish: Whatcom
- MLS Area Major: 880 - Blaine/Birch Bay
- Subdivision Name: Blaine
Tax Information
- Tax Annual Amount: $2,864.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 4051015545260000
- Possible Use: Business
- Property Condition: Updated/Remodeled
- 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 Upper: 0
Building Interior
- Building Area Total: 3000
- Building Area Units: Square Feet
- Calculated Square Footage: 3000
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3000
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 4
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Alley, Paved, Sidewalk
- Lot Size Acres: 0.12
- Lot Size Square Feet: 5227
- Lot Size Units: Square Feet
- Site Features: Cable TV, High Speed Internet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition, Flat
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Cement Planked
- Number Of Units Total: 7
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1850
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1950
- Beds Total: 2
- Baths Total: 1
Unit 5 Details
- Actual Rent: 300
- Beds Total: 0
- Baths Total: 0
Unit 4 Details
- Actual Rent: 500
- Beds Total: 0
- Baths Total: 0
Unit 3 Details
- Actual Rent: 550
- Beds Total: 0
- Baths Total: 0
Unit 7 Details
- Actual Rent: 750
- Beds Total: 0
- Baths Total: 0
Unit 6 Details
- Actual Rent: 900
- Beds Total: 1
- Baths Total: 1
357 Martin Street Neighborhood
Community
98230 (Blaine) Demographics
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.357 Martin Street Monthly Cost
357 Martin Street Market Data
Based on the last 30 days in this zip code
357 Martin Street History
| Date | Value | Agent |
|---|---|---|
| 5/4/2026Source: NWMLS | May 04, 2026 |























