800 20th Street, Bellingham, WA 98225

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:troy c. muljat
Office:muljat group
MLS#:2448112
Source:NWMLS
800 20th Street,Bellingham, WA 98225
$1,850,000
  • - Beds
  • - Baths
  • 6,240 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Wed, Oct 29
    12:00 pm - 01:00 pm

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$296.47

About this home

Well-positioned 8-unit apartment building in Bellingham’s high-demand student housing market. Located just one mile from the heart of Western Washington University, on a quiet dead-end street adjacent to Lowell Park, students can utilize nearby trails as a shortcut to campus, enhancing the property’s appeal. On-site covered parking also adds convenience for tenants. There is upside potential to increase rental income, positioning the property for a near 6% capitalization rate upon stabilization. This “diamond in the rough” presents a compelling opportunity for investors seeking to capitalize on Bellingham’s thriving student housing market.

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Home facts

  • Year built:1980
  • Listing ID #:2448112
  • Updated:October 24, 2025 at 12:55 AM

Rooms and interior

  • Living area:6,240 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1980
  • Building area:6,240 sq. ft.
  • Lot area:0.28 Acres

Schools

  • High school:Sehome High
  • Middle school:Fairhaven Mid
  • Elementary school:Lowell Elem

Utilities

  • Sewer:Available, Sewer Connected

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$296.47
  • Tax amount:$12,856 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 24, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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