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820 32nd Street, 
Bellingham, WA 98225

$19,000,888

—

Bed

—

Bath

51,316

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Kevin Geraghty

Windermere Real Estate Whatcom

Last updated:

May 14, 2025, 06:58 PM

MLS#

2333623

Source:

NWMLS

About This Home

820 32nd Street

This meticulously maintained 5 building, 57-unit apartment/townhouse complex has an outstanding 21+ year rental history. Unique expansion opportunity! Land is zoned for 27 additional units. New roofs, siding, and exterior paint in last 3 years; new double pane windows. All units beautifully remodeled (countertops, cabinet faces, flooring, fixtures) with upgraded appliances (full size washer/dryer in each unit). Conveniently located in a high demand area 1 mile from WWU; Minutes to Fairhaven ,Joe’s Garden & I-5. All units have 2 bedrooms (53-850 sq ft units; 4-1059 sq ft units; 4-ADA features; with 1-3/4 BA(32 apartments), 1-1/2 BA(21 townhouses),1 large BA(4 apartments). Excellent income producing property, CAP rate 4.2% (pro forma).

Home Facts

Multi-Family

Built in 1988

Price Summary

19,000,888

$370 per Sq. Ft.

MLS #:

2333623

Last Updated:

May 14, 2025, 06:58 PM

Rooms & Interior

Interior

Living Area:

51,316 Sq. Ft.

Structure

Structure

Building Area:

51,316 Sq. Ft.

Year Built:

1988

Lot

Lot Size (Sq. Ft):

84,071

Finances & Disclosures

Finances

Price:

$19,000,888

Price per Sq. Ft:

$370 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 June 7, 2025. 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 © 2025 MLS GRID. All Rights Reserved.

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