Property Details
1826 Valencia Street
Bellingham, WA 98229
$825,000
Active
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Property Overview
Excellent investment opportunity with this well-maintained duplex, tucked away at the end of a low-traffic dead-end street while remaining centrally located near shopping, dining, schools, and everyday amenities. Built in 1999, each spacious two-story unit offers an identical 1,450 sq. ft. layout with 3 bedrooms and 2.5 bathrooms. Roof is less than 1 year old. The main level of each unit features a comfortable living area with a gas fireplace, kitchen, half bathroom, & laundry room. Upstairs includes three bedrooms and two full bathrooms, including a primary bedroom with a vaulted ceiling. Additional features include washer and dryer appliances in each unit, outdoor living spaces, close to Whatcom Falls Park Trail, and a 8,276 sq. ft. lot. A strong opportunity for an investor or an owner-occupant looking to live in one unit while generating income from the other.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Roosevelt
Listed
Jul 30, 2026
Structure Type
Duplex
Parcel Number
3803294873140000
Tax & HOA
Annual Property Tax
$6,476 (2026)
Est. Monthly Tax
$540/mo
Financial Summary
Cap Rate
5.80%
Net Operating Income
$47,850
Gross Scheduled Income
$58,800
Gross Rent Multiplier
14.03
Total Expenses
$10,950
Building & Use
Building Sq Ft
2,900
Leasable Area
2,900 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
8,276 sqft
Year Built
1999
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1999
Garage
2 spaces
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Lot Features
Dead End Street, Paved
Exterior Features
Metal/Vinyl
Community & Access
Directions
Sits back off of Valencia….look for address sign pointing back into driveway back, then right after entering.
Location
City
Bellingham
County
Whatcom
Coordinates
48.75379, -122.44575
Additional Information
Tax Year
2026
Annual Taxes
$6,476
Possession
Array
Based on information submitted to the MLS GRID as of August 4, 2026 6:15 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
