PendingPrice drop

1440 Franklin Street, Bellingham, WA 98225

Bellingham, WA 98225 · Bellingham
7 bd1.75 ba2,280 sqft0.1 ac lotBuilt 1918House
$599,000 $263 / sqft · Cumulative Days Active: 60 Estimate your monthly payment ↓
House, Bellingham Listing by Muljat Group 1 / 32
Price / sqft$263
Lot0.1 acres
Year built1918
TypeHouse
HOANone
Cumulative Days Active60

About this home

Investor Alert! Opportunity knocks in one of Bellingham's most sought-after rental locations! Just blocks from the vibrant downtown core and Western Washington University, this 7-bedroom home offers exceptional income-producing potential for investors or those looking to expand their rental portfolio. While the exterior is modest, the true value lies in the generous bedroom count, flexible floor plan, and unbeatable location that continues to attract strong tenant demand. Situated in the heart of the York neighborhood, residents will enjoy easy access to restaurants, coffee shops, parks, shopping, public transit, and all that downtown Bellingham has to offer, with WWU just a short walk away. Whether you're looking to continue operating it as a high-performing rental, explore value-add improvements, or invest in one of the city's most desirable rental corridors, this property presents a rare opportunity to capitalize on location, cash flow potential, and long-term appreciation. Bring your vision and unlock the possibilities!

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

Price drop
Listed Jul 27, 2026MLS# 2558491

Facts & features

7Beds
1.75Baths
2,280 sqftLiving area
$263Price / sqft
1918Year built
0.1 acLot
Interior
Bedrooms7
Bathrooms1.75
Living area2,280 sqft
StoriesOne
FlooringSoftwood
Building
TypeHouse
Year built1918
RoofFlat
FoundationPoured Concrete
Lot & exterior
Lot size0.1 acres (4,356 sqft)
ViewTerritorial
WaterfrontNo
Parking
ParkingDriveway, Off Street
Utilities
HeatingNatural Gas
SewerSewer Connected
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2026)$5,770 / yr
Interior features
Exterior & lot
WoodWood 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$3,62030-year fixed · 6.5%
P&I $3,029Taxes $481Insurance $110
Plus ~$17,970 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 Jul 27, 2026Listed for sale $679,000

Tax history

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

Schools

Bellingham School District
ElementaryLowell Elem
MiddleFairhaven Mid
HighSehome 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 border33 min

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

Listing details

StatusPending
MLS #2558491
ListedJul 27, 2026
List price$599,000
Cumulative Days Active60
Property typeHouse
Listing brokerageMuljat Group
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Muljat Group. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:49 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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