Bellingham Homes with 42 - Multi-Family Style

Bellingham Homes with 42 - Multi-Family Style

Bellingham, located in Whatcom County, Washington, is a vibrant city that offers a high quality of life and a strong sense of community. With its stunning natural beauty, thriving arts scene, and diverse population, Bellingham has become a sought-after destination for both residents and visitors alike.

As a city with a rich history and a promising future, Bellingham offers a wide range of housing options to accommodate various lifestyles. One particular type of home that you can find in Bellingham is the multi-family style property. These homes are designed to house multiple families or individuals in separate living units within the same building.

Multi-family homes in Bellingham provide several advantages for both investors and residents. For investors, these properties offer the potential for a steady stream of rental income. They also provide an opportunity to diversify their real estate portfolio and maximize their return on investment. For residents, multi-family homes offer the chance to live in a close-knit community while enjoying the privacy and independence of their own living space.

Whether you are looking to invest in real estate or find a place to call home, Bellingham's multi-family homes are worth considering. With their convenient location, affordable prices, and potential for rental income, these properties can be a smart choice for both investors and residents. Explore the multi-family homes available in Bellingham today and discover the many benefits they have to offer.

Newest Bellingham Homes with 42 - Multi-Family Style

$1,750,000
2572527 MLS ⋅ ACTIVE Status
Rare opportunity to own nearly an acre within Bellingham! Set on approximately 0.93 acres with more than 40,000 SF of land, this Cordata-area property offers space, flexibility and compelling long-term potential. The existing single-level home features 3 bedrooms, 1 bath and approximately 1,536 SF, plus substantial garage space, comfortable and livable today while offering buyers the opportunity to think bigger about the property’s future. The expansive lot provides room to enjoy now while exploring potential middle-housing, subdivision, or other residential development possibilities over time. Currently served by septic, with City records showing an issued new-sewer utility permit, adding an important infrastructure component for future planning. Conveniently located near shopping, schools, parks, trails, transit, employment, services, and I-5. A separate 2.61-acre development property is also available across the street, creating an additional opportunity for buyers seeking a larger investment strategy. Whether purchasing as a residence with exceptional land, a long-term investment, or a property with future development possibilities, this location offers a combination that is increasingly difficult to find within Bellingham.

4209 Northwest Drive, Bellingham

Listing courtesy of COMPASS.

$2,400,000
2569994 MLS ⋅ ACTIVE Status
BUILDER & DEVELOPER OPPORTUNITY! Rare 2.61-acre residential site in Bellingham’s Cordata area. With approximately 113,692 SF, this substantial infill property offers builders, developers, and investors an opportunity to explore townhomes, cottages, and other middle-housing configurations, potential subdivision, and other residential development options permitted under applicable City regulations. The City of Bellingham has expanded middle-housing regulations to allow a broader range of housing types in predominantly residential areas, creating new possibilities for how residential land may be developed. The property’s size, corner configuration, and substantial street frontage provide flexibility when evaluating potential site plans and development concepts. Paved street frontage with water, sewer, power, and natural gas reported available/in street. Conveniently located near shopping, employment, schools, parks, trails, transit, services, and I-5. The combination of acreage, infrastructure, access, and location creates a compelling opportunity for development, investment, or strategic land holding. Buyer to verify all development feasibility, zoning, density, subdivision, utilities, and critical areas with the City.

1210 Mahogany Avenue, Bellingham

Listing courtesy of COMPASS.

$525,000
2542764 MLS ⋅ ACTIVE Status
Turnkey 4-Lot Short Plat – Permit-Ready Townhome Development. Welcome to 21st Street T-Homes, a fully entitled development opportunity two years in the making. This turnkey project includes a completed 4-lot short plat and permit-ready plans for four zero-lot-line townhomes, with all development and entitlement costs already paid except for the building permits, which are ready for pickup today. The approved design features two separate buildings, each containing two townhomes: Two smaller townhomes fronting Lenora Street, each offering: 2 bedrooms, 1.5 bathrooms and Single-car garage. Two larger townhomes fronting 21st Street, each offering: 3 bedrooms, 2.5 bathrooms and Two-car garage. Ideally located between Western Washington University and Fairhaven, this project presents exceptional flexibility and investment potential. Build and sell the homes individually, construct and hold as two duplexes for long-term income, or explore the possibility of combining the four lots into two larger homesites (buyer to verify). A rare opportunity to step directly into a permit-ready project in one of Bellingham's most desirable locations.

1021 21st Street, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$1,950,000
2523754 MLS ⋅ ACTIVE Status
Exceptional development opportunity in Bellingham’s highly sought-after King Mountain neighborhood. Current zoning allows for high-density single-family development with potential for up to 45 lots. Under Bellingham’s Middle Housing Ordinance, up to 4 units per single-family lot is permitted, creating significant additional multifamily potential and flexibility for developers. Buyer to verify all development potential, density calculations, and permitted uses with the City of Bellingham. Property includes an existing home and outbuildings. Seller financing available with favorable terms and a low interest rate. Please do not disturb tenants.

1280 E Bakerview Road, Bellingham

Listing courtesy of eXp Realty.

$785,000
2497562 MLS ⋅ ACTIVE Status
Build Opportunity. 7,405 sq ft lot in Bellingham’s Commercial Core. The property is situated in the Downtown Urban Village District which has a multifamily housing development benefit of exempting minimum parking requirements per City Ordinance No 2025-01-001. Ideal for a urban village multifamily over limited commercial development. Excellent fit for a WWU student housing project, conventional housing, or tax-credit housing with a Waker’s Paradise score of 98 and Very Bikeable score of 88. Projects nearby have been highly successful with almost no vacancy and fast absorption. No height restrictions or setbacks allow for a high density project. Adjacent 6,970 sq ft lot that fronts Holly Street is also available for a total combined site of 14,375 sq ft.

319 E Holly Street, Bellingham

Listing courtesy of Pacific Continental Realty LLC.

$5,360,000
2382543 MLS ⋅ ACTIVE Status
Prime development opportunity: 4.13 acres of pristine flat terrain bordering the prestigious Bellingham Golf & Country Club. This exceptional parcel comes fully entitled for 67 townhomes with preliminary plat approval already secured. Future residents will enjoy ideal location along 8th and 9th holes in this coveted location offering seamless connectivity—minutes from downtown Bellingham, the revitalized waterfront district, and I-5 corridor. The property boasts walkability to the natural sanctuary of Cornwall Park. Convenient access to existing utilities along Meridian Street. An incredible investment opportunity in one of Bellingham's most desirable areas. The adjacent Golf Course is NOT included in this offering.

3729 Meridian Street, Bellingham

Listing courtesy of Gage CRE.

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