Rockhood
$915,000List price
Active

1408 G Street · Bellingham, WA 98225

Source: NWMLS · Bellwether Real Estate · Renae Ingraham #NWM2532842

About this home

Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.

Location

Basics

Property type
Multi Family
Style
4-Plex
Stories
2 stories
Condition
Very Good
Year built
1980
Building area
2,352 sq ft
Lot size
4,792 sq ft (0.11 acres)
County
Whatcom
MLS #
NWM2532842

Interior

Heating
Baseboard
Cooling
None
Flooring
Vinyl, Carpet

Exterior & lot

Exterior features
Metal/Vinyl, Wood Products
Roof
Composition
Foundation
Poured Concrete
Lot features
Paved
View
Bay, Islands
Waterfront
No

Parking

Parking spaces
7

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Lettered Streets
Property tax
$7,502 (2026)

Transaction

Original list price
$965,000 (5.2% price cut)
Listed on
Jun 2, 2026
Days on market
110
Listing terms
Cash, Conventional, VA Loan
Possession
Closing

More homes nearby

Schools

School district: Bellingham

Elementary
Parkview Elem
Middle
Whatcom Mid
High
Bellingham High School
SchoolDigger 4 stars · Top 17% in WA

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Listing provided courtesy of: Bellwether Real Estate

Listing agent: Renae Ingraham.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-07-10.