Welcome to Whatcom | John L. Scott Bellingham
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$2,299,000

Active

Listing provided by Nicholas Riddell, Lotside

168

DOM

Ask Austin

About this property.

Exceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. Well-maintained 6-unit building featuring a rare mix of four 2BD units and two spacious 4BD, 2 bath units—consistently easy to rent with strong tenant demand. Five secure, covered parking spaces. Durable Hardie Plank siding and on-site laundry. Current ownership has kept rents below market, offering immediate income upside for the next investor. Outstanding location with quick access to UW, South Lake Union, and downtown via bus, bike, or car. Unit #2 recently remodeled, all new flooring, quartz, millwork. Well maintained asset. 2024 CAP RATE 4.43%. 2025 Projected CAP RATE 4.76%.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories3
Year Built1985
Lot Acres0.08
Garage5 car
List Price$2,299,000
Original List Price$2,399,000
MLS StatusActive

Features.

Exterior

Cement Planked

Heating

Baseboard

Cooling

None

Flooring

Engineered HardwoodVinylCarpet

View

CityLakeTerritorial

Site Features

Deck,Gated Entry

Agent information.

List AgentNicholas Riddell
List OfficeLotside
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Nicholas Riddell, Lotside

Courtesy of Lotside

Source: NWMLS, MLS#: 2456824NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 08:45:28 PST. 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. Provided by NWMLS as distributed by MLS Grid.

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