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1408 G Street, Bellingham, WA 98225

Bellingham, WA 98225 · Bellingham
4 bd4 ba2,352 sqft0.11 ac lotBuilt 1980Multi-family
$885,000 $376 / sqft · Cumulative Days Active: 142 Estimate your monthly payment ↓
Multi-family, Bellingham Listing by Bellwether Real Estate 1 / 18
Price / sqft$376
Lot0.11 acres
Year built1980
TypeMulti-family
HOANone
Cumulative Days Active142

About this home

Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.

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

Price drop
Listed Jun 2, 2026MLS# 2532842

Facts & features

4Beds
4Baths
2,352 sqftLiving area
$376Price / sqft
1980Year built
0.11 acLot
Interior
Bedrooms4
Bathrooms4
Living area2,352 sqft
FlooringVinyl, Carpet
Building
TypeMulti-family
Year built1980
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size0.11 acres (4,792 sqft)
ViewBay, Islands
WaterfrontNo
Utilities
HeatingElectric
SewerSewer Connected
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2026)$7,502 / yr
Interior features
Exterior & lot
Metal/VinylWood Products

Monthly payment

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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$5,21030-year fixed · 6.5%
P&I $4,475Taxes $625Insurance $110
Plus ~$26,550 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 Jun 2, 2026Listed for sale $965,000

Tax history

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

Schools

Bellingham School District
ElementaryParkview Elem
MiddleWhatcom Mid
HighBellingham 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 Bellingham5 min
WWU6 min
St. Joseph Hospital6 min
Peace Arch border32 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: $376
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 4% 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 #2532842
ListedJun 2, 2026
List price$885,000
Cumulative Days Active142
Property typeMulti-family
Listing brokerageBellwether Real Estate
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Bellwether Real Estate. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:45 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.
$885,000Tour this home