Property Details
1100 E Illinois Street
Bellingham, WA 98226
$1,049,500
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Property Overview
Ideal tenant-occupied investment duplex in one of Bellingham’s prime neighborhoods. This well maintained, spacious duplex is being sold with strong income in place and flexible timing. This thoughtfully designed 2006-built duplex features two mirrored 3-bedroom, 2.5-bath units, each with open-concept main-level living, gas fireplace, spacious kitchen with dining area, and attached 2-car garage. All three bedrooms are upstairs with walk-in closets. Two bedrooms share a full bathroom and the primary suite hosts an ensuite bath and private balcony. Enjoy recent refreshing on both sides, including: new roof in 2024, new gutters, bathrooms have new tile, all carpet removed and LVP laid throughout. New handles and hinges elevate the space + refreshed paint. Each unit benefits from their own fenced yard and private 2 car garage. New fence and gate system installed 2023/2024. Both units are currently rented, providing immediate income. Each unit pays +$100/mo w/ rent that goes to water utility. Excellent proximity to shopping, transit, trails, parks, and schools supports consistent demand. A solid, low-maintenance asset well-suited for investors seeking stability with optional repositioning.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Roosevelt
Listed
Jan 21, 2026
Original Price
$1,095,000
Financial Summary
Cap Rate
5.50%
Net Operating Income
$57,766
Gross Scheduled Income
$75,000
Gross Rent Multiplier
13.99
Total Expenses
$17,235
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
3,058
Leasable Area
3,058 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
6,098 sqft
Year Built
2006
Exterior & Lot
Lot Size
0.14 sqft
Year Built
2006
Garage
4 spaces
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Metal/Vinyl
Location
City
Bellingham
County
Whatcom
Coordinates
48.76788, -122.46027
Additional Information
Tax Year
2025
Annual Taxes
$7,711
Possession
Array
