800 20th Street, Bellingham, WA 98225

Local realty services provided by:Tucker Realty ERA Powered
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
  • Pending

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:November 11, 2025 at 09:09 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)
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