631 N Forest Street, Bellingham, WA 98225
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: ashleigh abhold
Office: hansen group real estate inc
MLS#:2540060
Source:NWMLS
631 N Forest Street,Bellingham, WA 98225
$1,200,000
- - Beds
- - Baths
- 3,665 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,200,000
- Price per sq. ft.:$327.42
About this home
Rare Sehome Hill investment and development opportunity! Situated on a 12,056 sq. ft. lot with stunning bay and city views, this property features an existing triplex plus a detached carriage house just two blocks from WWU. Remodeled carriage house in 2025 which offers 2 bedrooms, 2 bathrooms, private laundry, and dedicated parking below. Triplex features three units full of timeless character, including original fir floors and shared laundry, with a strong rental history and consistent demand due to its prime location. Five total designated parking spaces provide added convenience for tenants. True value lies in the land. Zoned High Density with no maximum unit count, this property offers incredible infill development potential. Retain the existing income-producing structures while adding additional units or explore redevelopment options to maximize the site's density and breathtaking views. Located near Forest & Cedar Park, downtown Bellingham, and Western Washington University, opportunities like this are increasingly rare. Buyer to verify all development potential and zoning requirements. Don't miss your chance to own a premier investment property in one of Bellingham's most sought-after neighborhoods....
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Home facts
- Year built:1908
- Listing ID #:2540060
- Updated:June 29, 2026 at 04:43 PM
Rooms and interior
- Flooring:Carpet, Softwood, Vinyl Plank
- Living area:3,665 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1908
- Building area:3,665 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Curbed Lot, Paved, Sidewalk, Value In Land
- Construction Materials:Wood Exterior Finish
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$327.42
- Tax amount:$8,845 (2026)
Features and amenities
- Amenities:High Speed Internet
Parking
- Total parking spaces:9
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