2816 2818 Valencia Street, Bellingham, WA 98226

Bellingham, WA 98226 · Bellingham
4 bd4 ba2,216 sqft0.17 ac lotBuilt 1992Multi-family
$625,000 $282 / sqft · Cumulative Days Active: 49 Estimate your monthly payment ↓
Multi-family, Bellingham Listing by RE/MAX Whatcom County, Inc. 1 / 40
Price / sqft$282
Lot0.17 acres
Year built1992
TypeMulti-family
HOANone
Cumulative Days Active49

About this home

INVESTOR OPPORTUNITY in a convenient Bellingham location! This well-located duplex offers two spacious, two-story 2-bedroom, 1.5-bath units, each approximately 1,108 sq ft. Each unit features a large laundry/utility room providing valuable bonus space, along with a private deck and patio and covered parking. Both units are currently occupied, generating $3,065/month or $36,780 in annual rental income. Unit 2816 is month-to-month at $1,650/month, while Unit 2818 is leased through 8/9/27 at $1,415/month. Conveniently located near trails, Barkley Village Shopping Center, Regal Cinema, restaurants, shopping, and everyday amenities. An excellent opportunity to own an income-producing duplex with potential for future rental growth and long-term appreciation. The adjacent duplex at 2828/2830 Valencia St is also available, offering an opportunity to purchase two neighboring duplex properties.

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

Listed Sep 3, 2026MLS# 2576954

Facts & features

4Beds
4Baths
2,216 sqftLiving area
$282Price / sqft
1992Year built
0.17 acLot
Interior
Bedrooms4
Bathrooms4
Living area2,216 sqft
FlooringCeramic Tile, Vinyl, Carpet
Building
TypeMulti-family
Year built1992
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size0.17 acres (7,405 sqft)
WaterfrontNo
ZoningMulti-Family
Utilities
HeatingElectric
SewerSewer Connected
HOA & taxes
HOA duesNone
Property tax (2026)$5,793 / yr
Interior features
Exterior & lot
Metal/Vinyl

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$3,75330-year fixed · 6.5%
P&I $3,160Taxes $483Insurance $110
Plus ~$18,750 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 Sep 3, 2026Listed for sale $625,000

Tax history

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

Schools

Bellingham School District
ElementarySunnyland Elem
MiddleWhatcom Mid
HighSqualicum 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 Bellingham6 min
WWU8 min
St. Joseph Hospital5 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: $282
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 28% 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 #2576954
ListedSep 3, 2026
List price$625,000
Cumulative Days Active49
Property typeMulti-family
Listing brokerageRE/MAX Whatcom County, Inc.
SourceNWMLS as distributed by MLS GRID
Listing courtesy of RE/MAX Whatcom County, Inc.. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:53 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.
$625,000Tour this home