201 N Commercial Street, Bellingham, WA 98225
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: jonathan d. bye
Office: john l. scott, inc
MLS#:2553317
Source:NWMLS
201 N Commercial Street,Bellingham, WA 98225
$2,250,000
- - Beds
- - Baths
- 11,180 sq. ft.
- Multi-family
- Active
Price summary
- Price:$2,250,000
- Price per sq. ft.:$201.25
About this home
Welcome to the Avalon! An appealing multifamily investment opportunity located at 201 N Commercial Street in Bellingham, Washington. Originally built between 1900 and 1906, the property is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The property unit mix consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been repainted over time. Some units have been upgraded with baseboard heat, and all units have radiator heat served by a steam boiler in the basement. There is no known knob-and-tube wiring, and Square D electrical panels supply electricity to the units. Supply lines have been replaced with pex plumbing in nearly all units. The Avalon offers excellent price-per-pound metrics of $140,625 per unit and $201 per foot, not including the large basement. The Avalon provides an excellent, risk-adjusted income stream with room for growth in the long term....
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Home facts
- Year built:1900
- Listing ID #:2553317
- Updated:July 21, 2026 at 11:42 AM
Rooms and interior
- Flooring:Laminate, Softwood, Vinyl Floor
- Living area:11,180 sq. ft.
Heating and cooling
- Heating:Radiators
Structure and exterior
- Roof:Torch Down
- Year built:1900
- Building area:11,180 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Alley, Corner, Curbed Lot, Paved, Sidewalk
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$201.25
- Tax amount:$21,170 (2026)
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