500 Gladstone Street, Bellingham, WA 98225

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: david hovde
Office: windermere real estate whatcom
MLS#:2482349
Source:NWMLS
500 Gladstone Street,Bellingham, WA 98225
$850,000
  • - Beds
  • - Baths
  • 1,872 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$850,000
  • Price per sq. ft.:$454.06

About this home

This rare property offers exceptional flexibility—operate it as a 4-plex or as two separate duplexes. Each apartment features 1 bedroom 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. Three of the 4 units were vacated 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 #:2482349
  • Updated:February 24, 2026 at 01:30 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:$850,000
  • Price per sq. ft.:$454.06
  • Tax amount:$8,716 (2025)
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