2816 2818 Valencia Street · Bellingham, WA 98226
Source: NWMLS · RE/MAX Whatcom County, Inc. · Keith Cook #NWM2598340
About this home
EXCEPTIONAL INVESTMENT OPPORTUNITY – PRICED BELOW RECENT $700,000 APPRAISAL! Outstanding value in a desirable Bellingham location with significant potential for increased rental income! A neighboring identical duplex is generating $4,200 per month, demonstrating the substantial upside potential as rents are adjusted to market levels. This well-maintained duplex features two spacious, two-story units, each offering 2 bedrooms, 1.5 baths, and approximately 1,108 sq ft. Both units include generous laundry/utility rooms with valuable bonus space, private decks and patios, and covered parking. Conveniently located near trails, Barkley Village, Regal Cinema, restaurants, shopping, and everyday amenities. An excellent opportunity to acquire an income-producing property below its recently appraised value, with strong potential for rental growth and long-term appreciation. The adjacent duplex at 2828/2830 Valencia St is also available, creating a rare opportunity to purchase two neighboring investment properties!
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 2 stories
- Year built
- 1992
- Building area
- 2,216 sq ft
- Lot size
- 7,405 sq ft (0.17 acres)
- County
- Whatcom
- MLS #
- NWM2598340
Interior
- Heating
- Wall Furnace
- Cooling
- None
- Flooring
- Ceramic Tile, Vinyl, Carpet
Exterior & lot
- Exterior features
- Metal/Vinyl
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
- Waterfront
- No
Parking
- Parking spaces
- 6
- Covered spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Roosevelt
- Property tax
- $5,793 (2026)
Transaction
- Listed on
- Nov 6, 2026
- Days active
- 64
- Listing terms
- Cash, Conventional
- Possession
- Subject To Tenant Rights
More homes nearby
Schools
School district: Bellingham
- Elementary
- Sunnyland Elem
- Middle
- Whatcom Mid
- High
- Squalicum High SchoolSchoolDigger 3 stars · Top 43% in WA

Listing provided courtesy of: RE/MAX Whatcom County, Inc.
Listing agent: Keith Cook.
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 2026-11-06.