Welcome to Whatcom | John L. Scott Bellingham
Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Property photo 6
Property photo 7
Property photo 8
Property photo 9
Property photo 10
Property photo 11
Property photo 12

$6,225,000

Active

Listing provided by Michael Urquhart, Paragon Real Estate Advisors

76

DOM

Ask Austin

About this property.

The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories3
Year Built1954
Lot Acres0.79
Garage0 car
List Price$6,225,000
MLS StatusActive

Features.

Exterior

See Remarks

Heating

Other – See Remarks

Cooling

None

Agent information.

List AgentMichael Urquhart
List OfficeParagon Real Estate Advisors
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

Schedule a Showing

Pick a day and time, and Austin will follow up to confirm.

By continuing, you consent to be contacted by Welcome to Whatcom and John L. Scott - Bellingham about this showing via call, text, or email.

Listed by: Michael Urquhart, Paragon Real Estate Advisors

Courtesy of Paragon Real Estate Advisors

Source: NWMLS, MLS#: 2484838NWMLS

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.

IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.

Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited.