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2816 2818 Valencia St , Bellingham, WA 98226
$593,750
Est. Payment: $3,156.36/mo
4 Bed
4 Bath
2216 Sqft
0.17 Acres
Status: active | Days on site: 56
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9947 - 84626,130018
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House Description

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!
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Highlights

Listed by Keith Cook , 360-739-5600 and David Harmon , 360-224-2153 RE/MAX Whatcom County, Inc. , 360-647-1313. Northwest Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1992

County

Whatcom

Area

860 - Bellingham

 Neighborhood

Roosevelt

 School District

Bellingham

Listing ID

2598340

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
Floor:Ceramic Tile,Vinyl,Carpet
Water:COB

Exterior Features

Lot:Cul-De-Sac,Curbs,Dead End Street,Paved,Sidewalk,Cable TV,Deck,High Speed Internet,Patio,Zoning: Multi-Family
Garage Capacity:6
Zoning:Multi-Family
Roof:Composition
Others:
  • ▪ Additional:Metal/Vinyl
Sewer:COB
Parking Features:Covered,4 or More Carport
Principal Interest
$3,156
Taxes
$483

Home Price

$593,750

Loan Details

30 yrs
6.988%

Down Payment

20%
$118,750
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,156.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,156.36 $482.75 $0.00 $3,639.11
Yearly $37,876.32 $5,793.00 $0.00 $43,669.32
Total $1,136,289.48 $173,790.00 $0.00 $1,310,079.48
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Bellingham, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-11-07T09:56:14.000Z

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