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For Sale34 Days
$1,875,000

2603 Elm Street
Bellingham, WA 98225

Income For Sale
6,774 Sq. Ft.
0.10 Acre Lot
COMPASS

Provided by Northwest Multiple Listing Service, 2025.

Description for 2603 Elm Street, Bellingham, WA 98225

This well-maintained 9-unit property in Bellingham’s sought-after Columbia neighborhood offers strong upside potential. With fully renovated units achieving near-market rents. attractive assumable debt, and 100% historical occupancy, it’s a solid investment. The property is ideally located near downtown, public transit, and amenities. Future rezoning could allow for additional units, while slowing new deliveries in Bellingham set the stage for rent growth – projected to rise 21% over the next four years.

Property Details

Listing Details
For Sale
Income
Multi-Family
None
For Sale
NWM2315547
$1,875,000
12/12/2024
6,774 Sqft
1925
$1,875,000
$1,875,000
NWM146347
Single Family
2
Location Information
US
WA
Whatcom
Bellingham
98225
Elm
2603
Street
W123° 30' 41.1''
N48° 45' 52.6''
2603 Elm Street , Bellingham, WA 98225
860 - Bellingham
Interior Features
Carpet,Vinyl,Hardwood
Wet Bar,Bar
Exterior Features
No
No
Brick
See Remarks
Land Info
0.10 Acre
Corner Lot,Paved,Sidewalk
Nw
3802245041410000
Monthly
Utilities
Radiator
None
Sewer Connected
HOA Info
Monthly
1
No
Rental Info
6774
Monthly
Tax Info
$6,221
2024
Schools
Columbia Elem
Bellingham High
Whatcom Mid
Listing Information
COMPASS
Coleton Pantley
NWM7912
Nwmls
$1,875,000
12/11/2024 22:48:09
Poured Concrete
2
Multi Family
Columbia
Public

Price History

Source: MLS
DateEventPriceSource
2024-12-12For Sale$1,875,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2025 NWMLS. All rights are reserved. NWMLS DMCA NOTICE
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