1309 Billy Frank Jr Street, Bellingham, WA 98225

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: nikki quinn, mike hays
Office: hammer properties nw inc.
MLS#:2459615
Source:NWMLS
1309 Billy Frank Jr Street,Bellingham, WA 98225
$4,995,000
  • - Beds
  • - Baths
  • 11,094 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$4,995,000
  • Price per sq. ft.:$450.24

About this home

Prime investor opportunity in Downtown Bellingham’s Urban Village. This 3-year-old, 13-unit building offers modern construction, low operating costs, and strong tenant demand in a highly walkable core location. Units feature contemporary finishes and efficient systems designed for long-term durability. Units have full appliance suite: range, fridge, dishwasher, washer+dryer. Ten parking spaces can be rented separately. There is a bike storage room and a bus stop out front. Five years remain on the Multi-Family Tax Exemption (MFTE), providing valuable tax savings and enhancing projected returns. With stable occupancy and minimal maintenance needs, this turnkey asset is ideal for investors seeking steady performance and future appreciation.

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Home facts

  • Year built:2022
  • Listing ID #:2459615
  • Updated:December 12, 2025 at 12:54 AM

Rooms and interior

  • Living area:11,094 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Flat Roof
  • Year built:2022
  • Building area:11,094 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Sehome High
  • Middle school:Fairhaven Mid
  • Elementary school:Lowell Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,995,000
  • Price per sq. ft.:$450.24
  • Tax amount:$3,967 (2025)
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