WA > Bellingham > Happy Valley
Bellingham, WA 98225,800 20th Street
Dave Anderson
Dave Anderson

REALTOR® | Lic# 106984

+1(206) 605-4267

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Listed by Muljat Group Troy C. Muljat 
Bought with COMPASS

$ 1,900,000

$ 1,850,000 2.7%

Est. payment | /mo

13 Beds

8 Baths

6,240 SqFt

$ 1,900,000

$ 1,850,000 2.7%

Est. payment | /mo

13 Beds

8 Baths

6,240 SqFt

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,240 sqft

Price per Sqft $304

Subdivision Happy Valley

MLS Listing ID 2448112

Sold Date 11/20/25

Style 55 - 5-9 Units

Bedrooms 13

Year Built 1980

Annual Tax Amount $12,856

Lot Size 0.280 Acres

Property Sub-Type Multi Family

Property Description

Well-positioned 8-unit apartment building in Bellingham's high-demand student housing market. Located just one mile from the heart of Western Washington University, on a quiet dead-end street adjacent to Lowell Park, students can utilize nearby trails as a shortcut to campus, enhancing the property's appeal. On-site covered parking also adds convenience for tenants. There is upside potential to increase rental income, positioning the property for a near 6% capitalization rate upon stabilization. This “diamond in the rough” presents a compelling opportunity for investors seeking to capitalize on Bellingham's thriving student housing market.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Available, Sewer Connected

New Construction No

Schools

Elementary Schools Lowell Elem

Middle Schools Fairhaven Mid

High Schools Sehome High

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Dave Anderson
Dave Anderson

REALTOR® | Lic# 106984

+1(206) 605-4267

17717 132nd Ave NE, Woodinville, WA, 98072

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800 20th Street