1826 Valencia Street, Bellingham, WA 98229

$825,000
2,900
SqFt

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Listing courtesy of RE/MAX Whatcom County, Inc..

List Price
$825,000
Status
ACTIVE
MLS#
2560608
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,900
Area Total SqFt
2900
Annual Tax Ammount
6476
Internet Provider
Xfinity
Lot Size (sq ft)
8,276
Sewer
Sewer Connected

Property Description

Excellent investment opportunity with this well-maintained duplex, tucked away at the end of a low-traffic dead-end street while remaining centrally located near shopping, dining, schools, and everyday amenities. Built in 1999, each spacious two-story unit offers an identical 1,450 sq. ft. layout with 3 bedrooms and 2.5 bathrooms. Roof is less than 1 year old. The main level of each unit features a comfortable living area with a gas fireplace, kitchen, half bathroom, & laundry room. Upstairs includes three bedrooms and two full bathrooms, including a primary bedroom with a vaulted ceiling. Additional features include washer and dryer appliances in each unit, outdoor living spaces, close to Whatcom Falls Park Trail, and a 8,276 sq. ft. lot. A strong opportunity for an investor or an owner-occupant looking to live in one unit while generating income from the other.

Additional Information

List Date
2026-07-30 23:13:13
Community
Roosevelt
Net Operating Income
$47,850
Gross Adjusted Income
$58,800
Gross Scheduled Income
$58,800
Total Monthly Income
$4,900
Insurance Expenses
$1,650
Water/Sewer/Garbage Expenses
$2,824
Gross Rent Multiplier
14.03
Total Expenses
$10,950
Cap Rate
5.8
Total Number of Units
2
Unit Name
1826
Potential Terms
Cash, Conventional
Year Built
1999
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet
Energy Source
Natural Gas
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,900
Gross Scheduled Income
$58,800
Gross Adjusted Income
$58,800
Tax Year
2026
Insurance Expense
$1,650
W/S/G Expenses
$2,824
Total Expenses
$10,950
Net Operating Income
$47,850
Gross Rent Multiplier
14.03
Cap Rate
5.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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