5 Gladstone Street, Bellingham, WA 98225
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: david hovde
Office: windermere real estate whatcom
MLS#:2458203
Source:NWMLS
5 Gladstone Street,Bellingham, WA 98225
$925,000
- - Beds
- - Baths
- 1,872 sq. ft.
- Multi-family
- Active
Price summary
- Price:$925,000
- Price per sq. ft.:$494.12
About this home
This rare property offers exceptional flexibility—operate it as a 4-plex or as two separate duplexes. Each apartment features 1 bdrm and 1 bath, along with an equal amount of square footage in a daylight basement that can function as a garage, storage area, or workspace. Ideally located just a short distance from Nelson’s Market and Café, offering walkability and long-term rental appeal. All units are vacant preparing for sale, one long term tenant in 504 recently signed a new lease at $1,400 per month, providing a reliable benchmark for rental potential. Property updates include a new roof (500), gas ranges and heat throughout, new LVP flooring in 500 Gladstone, and a newly installed sewer line in 508.
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Home facts
- Year built:1925
- Listing ID #:2458203
- Updated:December 11, 2025 at 04:43 AM
Rooms and interior
- Living area:1,872 sq. ft.
Heating and cooling
- Heating:Wall Unit(s)
Structure and exterior
- Roof:Composition
- Year built:1925
- Building area:1,872 sq. ft.
- Lot area:0.1 Acres
Schools
- High school:Sehome High
- Middle school:Fairhaven Mid
- Elementary school:Lowell Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$925,000
- Price per sq. ft.:$494.12
- Tax amount:$8,716 (2025)
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