Price drop

4777 Guide Meridian, Bellingham, WA 98226

Bellingham, WA 98226 · Bellingham
— bd— ba12,255 sqft9.6 ac lotBuilt 1973Multi-family
$1,999,999 $163 / sqft · Cumulative Days Active: 356 Estimate your monthly payment ↓
Multi-family, Bellingham Listing by Windermere RE Whatcom, Inc. 1 / 37
Price / sqft$163
Lot9.6 acres
Year built1973
TypeMulti-family
HOANone
Cumulative Days Active356

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.

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

Price drop
Listed Apr 21, 2026MLS# 2511002

Facts & features

12,255 sqftLiving area
$163Price / sqft
1973Year built
9.6 acLot
Interior
Living area12,255 sqft
FlooringVinyl Plank, Carpet
Building
TypeMulti-family
Year built1973
RoofComposition, Metal
FoundationSlab
Lot & exterior
Lot size9.6 acres (418,176 sqft)
ViewTerritorial
WaterfrontNo
ZoningIndustrial,Multi-Family
Parking
Garage2-car
ParkingRV Parking
Utilities
HeatingElectric, Propane
SewerSeptic Tank
WaterPrivate
HOA & taxes
HOA duesNone
Property tax (2025)$13,968 / yr
Interior features
Exterior & lot
Metal/VinylStuccoWood

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$11,38730-year fixed · 6.5%
P&I $10,113Taxes $1,164Insurance $110
Plus ~$60,000 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 Apr 21, 2026Listed for sale $2,200,000

Tax history

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

Schools

Meridian School District
ElementaryIrene Reither Primar
MiddleMeridian Mid
HighMeridian High
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 Bellingham10 min
WWU11 min
St. Joseph Hospital8 min
Peace Arch border28 min

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

Median list price$600k600 active listings
Cumulative Days Active74median, active listings
List price per sqft$392this home: $163
Homes for sale600in Bellingham

Area figures compiled by irenakolbert.com from current active NWMLS listings — not part of this listing's data.

This home's list price per square foot is about 58% below the median of current Bellingham listings. Irena can pull recent closed sales on this street before you write an offer.

Listing details

StatusActive
MLS #2511002
ListedApr 21, 2026
List price$1,999,999
Cumulative Days Active356
Property typeMulti-family
Listing brokerageWindermere RE Whatcom, Inc.
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Windermere RE Whatcom, Inc.. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:43 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.
$1,999,999Tour this home