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$1,099,000

2312 Orleans Street

Bellingham, WA 98229

Active
Territorial view

Beds

—

Baths

—

Sq Ft

—

Lot

0.23 ac

Year built

1973

Type

Residential Income

Days listed

340

MLS #

2449566

About this home

Build your portfolio with this Bellingham fourplex offering rental income potential, recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit, the property offers options for an investor expanding a portfolio or a buyer looking to live in one unit and build a rental portfolio with the others. The mix of one- and two-bedroom homes provides flexibility for a long-term investment plan, while on-site coin-op laundry adds another income source. Recent improvements include fresh paint in two units, new carpet in Unit B, a new refrigerator in Unit D, and refreshed paint and caulking in the common areas. These updates support the property's rental appeal and give the next owner a starting point for future opportunities. Located in a central Bellingham area near shopping, restaurants, parks and freeway access, the property combines everyday convenience with long-term investment possibilities. Beyond the existing fourplex, the back portion of the lot offers potential for future development, creating another avenue to explore as part of a broader investment strategy. Focus on the existing rental income potential, consider an owner-occupied approach, or explore how the property could fit your plans for future growth. Buyer to verify development potential.

Exterior features

WoodWood Products

Property details

Heating
Baseboard
Cooling
None
Flooring
Laminate, Carpet
View
Territorial
Lot
Alley, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$6,915 (2025)

Estimate your monthly payment

$6,133/mo

Principal & interest
$5,557
Property taxes
$576
Loan amount $879,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Bellingham, WA 98229

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Keller Williams Western Realty— Anthony Zapata.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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