2312 Orleans Street, Bellingham, WA 98229

Bellingham, WA 98229 · Bellingham
7 bd4 ba3,456 sqft0.23 ac lotBuilt 1973Multi-family
$995,000 $288 / sqft · Cumulative Days Active: 357 Estimate your monthly payment ↓
Multi-family, Bellingham Listing by Keller Williams Western Realty 1 / 36
Price / sqft$288
Lot0.23 acres
Year built1973
TypeMulti-family
HOANone
Cumulative Days Active357

About this home

Build your portfolio with this Bellingham fourplex offering rental income potential, recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit, the property offers options for an investor expanding a portfolio or a buyer looking to live in one unit and build a rental portfolio with the others. The mix of one- and two-bedroom homes provides flexibility for a long-term investment plan, while on-site coin-op laundry adds another income source. Recent improvements include fresh paint in two units, new carpet in Unit B, a new refrigerator in Unit D, and refreshed paint and caulking in the common areas. These updates support the property's rental appeal and give the next owner a starting point for future opportunities. Located in a central Bellingham area near shopping, restaurants, parks and freeway access, the property combines everyday convenience with long-term investment possibilities. Beyond the existing fourplex, the back portion of the lot offers potential for future development, creating another avenue to explore as part of a broader investment strategy. Focus on the existing rental income potential, consider an owner-occupied approach, or explore how the property could fit your plans for future growth. Buyer to verify development potential.

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

Listed Oct 16, 2026MLS# 2595368

Facts & features

7Beds
4Baths
3,456 sqftLiving area
$288Price / sqft
1973Year built
0.23 acLot
Interior
Bedrooms7
Bathrooms4
Living area3,456 sqft
FlooringLaminate, Carpet
Building
TypeMulti-family
Year built1973
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size0.23 acres (10,019 sqft)
ViewTerritorial
WaterfrontNo
ZoningMulti-Family
Utilities
HeatingElectric
SewerSewer Connected
HOA & taxes
HOA duesNone
Property tax (2025)$6,915 / 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$5,71830-year fixed · 6.5%
P&I $5,031Taxes $576Insurance $110
Plus ~$29,850 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 Oct 16, 2026Listed for sale $995,000

Tax history

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

Schools

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
WWU7 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: $288
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 27% 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 #2595368
ListedOct 16, 2026
List price$995,000
Cumulative Days Active357
Property typeMulti-family
Listing brokerageKeller Williams Western Realty
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Keller Williams Western Realty. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:59 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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