All homes

$1,999,999

Reduced $200,001 — was $2,200,000

4777 Guide Meridian

Bellingham, WA 98226

Active
Territorial view

Beds

—

Baths

—

Sq Ft

—

Lot

9.60 ac

Year built

1973

Type

Residential Income

Days listed

164

MLS #

2511002

About this home

Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what’s next.

Exterior features

Metal/VinylStuccoWood

Schools

Elementary

Irene Reither Primar

Middle

Meridian Mid

High

Meridian High

Property details

Heating
Forced Air, Heat Pump
Cooling
None
Flooring
Vinyl Plank, Carpet
Parking
RV Parking
View
Territorial
Lot
Paved, Value In Land
Water source
Private
Sewer
Septic Tank

Costs

Annual taxes
$13,968 (2025)

Estimate your monthly payment

$11,277/mo

Principal & interest
$10,113
Property taxes
$1,164
Loan amount $1,599,999

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 98226

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere RE Whatcom, Inc.— Lorrie M. Dujmovich.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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