Welcome to Whatcom | John L. Scott Bellingham
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$2,200,000

Active

Listing provided by Lorrie M. Dujmovich, Windermere RE Whatcom, Inc.

194

DOM

Ask Austin

About this property.

Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories2
Year Built1973
Lot Acres9.60
Garage2 car
List Price$2,200,000
MLS StatusActive

Features.

Exterior

Metal/VinylStuccoWood

Heating

Forced AirHeat Pump

Cooling

None

Flooring

Vinyl PlankCarpet

View

Territorial

Site Features

Deck,Outbuildings,Propane,RV Parking,Shop

Agent information.

List AgentLorrie M. Dujmovich
List OfficeWindermere RE Whatcom, Inc.
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Lorrie M. Dujmovich, Windermere RE Whatcom, Inc.

Courtesy of Windermere RE Whatcom, Inc.

Source: NWMLS, MLS#: 2511002NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 02:00:26 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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