151 Bay Lyn Drive, Lynden, WA 98264

Lynden, WA 98264 · Lynden
— bd— ba2,804 sqft1.21 ac lotBuilt 1954Multi-family
$1,149,000 $410 / sqft · Cumulative Days Active: 127 Estimate your monthly payment ↓
Multi-family, Lynden Listing by eXp Realty 1 / 28
Price / sqft$410
Lot1.21 acres
Year built1954
TypeMulti-family
HOANone
Cumulative Days Active127

About this home

Opportunities like this inside Lynden city limits are rare. This 1.2-acre property delivers immediate income and exceptional development upside. The existing home features a 3-bedroom main level plus a 1-bedroom+bonus room MIL suite, currently producing $3,700 per month. The true value lies in the three separate, legally parceled multi-family lots at the rear—zoned to allow up to 16 total units. In-city multi-family density with this level of flexibility is hard to find. Strong rental demand, prime location near shopping and services, and scalable development potential make this a standout investment. Secure cash flow today. Build long-term wealth tomorrow.

NWMLS logoListing courtesy of the Northwest Multiple Listing Service (NWMLS).

Listed Feb 18, 2026MLS# 2482188

Facts & features

2,804 sqftLiving area
$410Price / sqft
1954Year built
1.21 acLot
Interior
Living area2,804 sqft
FlooringCeramic Tile, Laminate, Carpet
Building
TypeMulti-family
Year built1954
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size1.21 acres (52,708 sqft)
ViewMountains
WaterfrontNo
ZoningMulti-Family
Utilities
HeatingElectric, Natural Gas
SewerAvailable, Septic Tank
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2025)$4,858 / yr
Interior features
Exterior & lot
Stucco

Monthly payment

Full calculator →

Payment estimate calculated by irenakolbert.com from the assumptions below — not part of the NWMLS listing data. A lender will confirm actual figures.

Loan term
Down payment$20%
Interest rate%
Est. total / month$6,32530-year fixed · 6.5%
P&I $5,810Taxes $405Insurance $110
Plus ~$34,470 closing costs (est. 3%), paid once at closing. Get pre-approval guidance →
Estimate only, using the down payment, interest rate, and loan term set above. The APR, which includes loan costs, may be higher than the rate. Includes estimated property tax (~0.95%), insurance (~$110/mo), and any HOA dues. Not an offer of credit — a lender will confirm actual terms.

Price history

DateEventPrice Feb 18, 2026Listed for sale $1,149,000

Tax history

YearAssessed valueProperty tax
Source: Whatcom County Assessor. Assessed value is not a market value.

Schools

Lynden School District
ElementaryBuyer To Verify
MiddleBuyer To Verify
HighBuyer To Verify
School assignments come from the listing data provided by NWMLS. They're based on address and can change — verify with the district before relying on them.
⬤ Street view ↗
Downtown Bellingham20 min
WWU22 min
St. Joseph Hospital19 min
Peace Arch border21 min

Drive times are straight-line estimates calculated by irenakolbert.com — not part of the NWMLS listing data.

Listing details

StatusActive
MLS #2482188
ListedFeb 18, 2026
List price$1,149,000
Cumulative Days Active127
Property typeMulti-family
Listing brokerageeXp Realty
SourceNWMLS as distributed by MLS GRID
Listing courtesy of eXp Realty. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:42 PM (date and time MLS GRID Data was obtained). 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. Some IDX listings have been excluded from this website: listings located outside Whatcom and Skagit counties are not displayed.
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