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Bellingham, WA, 98226 • Meridian • Whatcom County
$196/sqft
-$300,000 since Nov 19, 2025
8Beds
4Baths
12,255Sqft
9.6 acLot
1973Built
Territorial Views
Territorial
5-9 Units Style
Built 1973 · 53 years of history
Cordata
Meridian
This home is getting attention
Listed 157 days ago · 306 views · 12 saves
Demand and pricing signals for this listing
306 views
People checking out this listing
12 saves
Buyers have saved this home
157 days on market
Established listing
$196/sqft
Price per square foot
Multi Family · Built 1973
Motivated Seller! 7% 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—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—all in excellent shape. A unique chance to invest now and shape what’s next.
Based on current rates
Est. 6.19% rate · 30yr fixed · $1,920,000 loan
Full calculator →Key facts and listing details
8 categories of property features
Market data and value estimates
3 schools rated nearby
Bellingham, WA, 98226
2 events
Local context around this listing
Bellingham, WA • Whatcom County
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Based on information submitted to the MLS GRID as of 2026-04-07 07:43:27 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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