820 32nd Street, Bellingham, WA 98225

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: kevin geraghty
Office: windermere real estate whatcom
MLS#:2333623
Source:NWMLS
820 32nd Street,Bellingham, WA 98225
$14,995,000
Virtual Tour
  • - Beds
  • - Baths
  • 51,316 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$14,995,000
  • Price per sq. ft.:$292.21

About this home

This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms (53 – 850 sq ft units; 4 – 1,059 sq ft units; 4 – ADA features). Baths: 32 apts with 1 – ¾ bath; 21 townhouses with 1 – ½ bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.

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Home facts

  • Year built:1988
  • Listing ID #:2333623
  • Updated:December 17, 2025 at 10:43 PM

Rooms and interior

  • Living area:51,316 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1988
  • Building area:51,316 sq. ft.
  • Lot area:1.93 Acres

Schools

  • High school:Sehome High
  • Middle school:Fairhaven Mid
  • Elementary school:Happy Vly Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$14,995,000
  • Price per sq. ft.:$292.21
  • Tax amount:$52,463 (2024)
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