2625 Maplewood Avenue, Bellingham, WA 98225

Bellingham
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: nav narwal
Office: coldwell banker bain
MLS#:2500339
Source:NWMLS
2625 Maplewood Avenue,Bellingham, WA 98225
$2,200,000
  • - Beds
  • - Baths
  • 1,596 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$1,378.45

About this home

Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This diversified setup provides multiple income streams while allowing for continued upside through rent adjustments or operational efficiencies. With low expenses and consistent cash flow, this is an ideal asset for investors seeking stability and long-term growth. Located in a high-demand area with limited affordable housing supply, the property benefits from strong occupancy trends and continued appreciation potential. Bellingham’s thriving economy, proximity to major employment hubs, and quality of life make this a highly attractive rental market. Whether you're expanding your portfolio or...

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Home facts

  • Year built:1974
  • Listing ID #:2500339
  • Updated:April 01, 2026 at 05:01 PM

Rooms and interior

  • Living area:1,596 sq. ft.

Heating and cooling

  • Cooling:90%+ High Efficiency
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1974
  • Building area:1,596 sq. ft.
  • Lot area:0.73 Acres
  • Construction Materials:Metal/Vinyl Exterior Finish, Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$1,378.45
  • Tax amount:$9,462 (2025)

Parking

  • Total parking spaces:15
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