Rockhood
$593,750List price
Active

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 School
SchoolDigger 3 stars · Top 43% in WA

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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.