0 Byron Avenue #LOTS 22-23-24, Bellingham, WA 98225

Bellingham
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: michelle r harrington
Office: compass
MLS#:2494767
Source:NWMLS
0 Byron Avenue #LOTS 22-23-24,Bellingham, WA 98225
$890,000
  • 0.26 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$890,000

About this home

This is an exceptional investment opportunity in Bellingham's thriving Samish Way Urban Village, a designated federal Opportunity Zone. With plans to build 45-55 studio units (initial plans show 40, with potential for an additional 10-15 units), this project offers lucrative potential in a vibrant, mixed-use neighborhood near Western Washington University.The location is ideal—nestled between I-5 and the Sehome/York neighborhoods, the Samish Way Urban Village is designed for 5-7 story developments that promote density, walkability, and connectivity. Nearby, the Samish Commons project is already setting the tone with affordable housing, commercial spaces, and enhanced pedestrian pathways.Investors will also benefit from Bellingham’s 8-year Multi-Family Tax Exemption (MFTE) program, available in this area. This incentive provides a property tax exemption on new residential improvements for projects with at least five units, without affordability requirements—a rare opportunity to...

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Home facts

  • Listing ID #:2494767
  • Updated:March 27, 2026 at 01:43 AM

Structure and exterior

  • Lot area:0.26 Acres
  • Lot Features:Paved

Schools

  • High school:Sehome High
  • Middle school:Fairhaven Mid
  • Elementary school:Happy Vly Elem

Utilities

  • Water:Available, In Street
  • Sewer:Available, In Street

Finances and disclosures

  • Price:$890,000
  • Tax amount:$1,365 (2025)
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