800 E Maple Street, Bellingham, WA 98225

$1,199,000
3,054
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of COMPASS.

List Price
$1,199,000
Status
ACTIVE
MLS#
2494729
Days on Market
124
Style
54 - 4-Plex
Finished SqFt
3,054
Area Total SqFt
3054
Annual Tax Ammount
8472
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Well-maintained 4-plex in a prime location within walking distance to Western Washington University. A rare opportunity for investors to secure a consistently rented property in a high-demand area. Each unit features a 2 bed / 1 bath layout with in-unit stack washer and dryer, great natural light, and private deck space—amenities tenants love. Recent updates include new LVP flooring, fresh interior and exterior paint, and new water heaters, providing a clean, modern feel and added peace of mind for future ownership. Originally built as a four-plex, the design offers comfortable separation and privacy for residents. The property also includes carports, additional off-street parking, and a nicely sized yard with clean, low-maintenance landscaping that adds curb appeal. Located in a quiet neighborhood with a trail at the end of the street leading to the arboretum, offering easy access to nature while still being close to campus. Strong rental history and excellent location make this a standout investment opportunity. Add a reliable, income-producing property to your portfolio—opportunities like this near Western don’t last long.

Additional Information

List Date
2026-03-25 20:58:11
Community
Sehome
Net Operating Income
$63,000
Gross Adjusted Income
$81,600
Gross Scheduled Income
$81,600
Total Monthly Income
$6,800
Insurance Expenses
$2,189
Gross Rent Multiplier
14.7
Total Expenses
$15,833
Cap Rate
5.25
Total Number of Units
4
Unit Name
800
Potential Terms
Cash, Conventional
Year Built
1964
Roof
Composition
Site Features
Deck
Electric Expenses
1200
Other Expenses
3972
Energy Source
Electric
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,800
Gross Scheduled Income
$81,600
Gross Adjusted Income
$81,600
Tax Year
2025
Insurance Expense
$2,189
Total Expenses
$15,833
Net Operating Income
$63,000
Gross Rent Multiplier
14.7
Cap Rate
5.25
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks