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2816 Valencia Street, 
Bellingham, WA 98226

$593,750


—

Bed


—

Bath


2,216

Sq Ft


Multi-Family

Active

Listed by

Keith Cook

, 

David Harmon

RE/MAX Whatcom County, Inc.

360-647-1313

Last updated:

November 8, 2026, 12:29 PM

MLS#

2598340

Source:

NWMLS

About This Home

2816 Valencia Street

EXCEPTIONAL INVESTMENT OPPORTUNITY – PRICED BELOW RECENT $700,000 APPRAISAL! Outstanding value in a desirable Bellingham location with significant potential for increased rental income! A neighboring identical duplex is generating $4,200 per month, demonstrating the substantial upside potential as rents are adjusted to market levels. This well-maintained duplex features two spacious, two-story units, each offering 2 bedrooms, 1.5 baths, and approximately 1,108 sq ft. Both units include generous laundry/utility rooms with valuable bonus space, private decks and patios, and covered parking. Conveniently located near trails, Barkley Village, Regal Cinema, restaurants, shopping, and everyday amenities. An excellent opportunity to acquire an income-producing property below its recently appraised value, with strong potential for rental growth and long-term appreciation. The adjacent duplex at 2828/2830 Valencia St is also available, creating a rare opportunity to purchase two neighboring investment properties!

Home Facts

Multi-Family

Built in 1992

Subdivision & Development:

Roosevelt

Price Summary

593,750

$267 per Sq. Ft.

MLS #:

2598340

Last Updated:

November 8, 2026, 12:29 PM


Rooms & Interior

Interior

Living Area:

2,216 Sq. Ft.


Structure

Structure

Building Area:

2,216 Sq. Ft.

Year Built:

1992


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$593,750

Price per Sq. Ft:

$267 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 8, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.