2312 Orleans Street · Bellingham, WA 98229
Source: NWMLS · Keller Williams Western Realty · Anthony Zapata #NWM2449566
About this home
Prime investment opportunity in Bellingham! This well-maintained fourplex offers strong income potential and future development options on the back portion of the lot. The property features three spacious 2BD/1BA units and one 1BD/1BA unit, plus an on-site coin-op laundry for added income. Located in a central area close to shopping, restaurants, parks, and freeway access, it’s ideal for investors seeking steady returns and long-term upside. Current rents are below market, creating immediate value-add potential with rent adjustments or upgrades. Whether you’re entering the investment market or expanding your portfolio, this property offers solid cash flow today and room to grow tomorrow. Buyer to verify development potential.
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 2 stories
- Condition
- Good
- Year built
- 1973
- Building area
- 3,456 sq ft
- Lot size
- 10,019 sq ft (0.23 acres)
- County
- Whatcom
- MLS #
- NWM2449566
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Laminate, Carpet
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Alley, Paved, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 10
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Bellingham
- Property tax
- $6,915 (2025)
Transaction
- Listed on
- Oct 30, 2025
- Days on market
- 325
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2021-06-24
- Sold$901,000
Schools
School district: Bellingham
- High
- Bellingham High SchoolSchoolDigger 4 stars · Top 17% in WA
Listing provided courtesy of: Keller Williams Western Realty
Listing agent: Anthony Zapata.
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 2026-09-17.