Property Details
2106 Young Street
Bellingham, WA 98225
$1,295,000
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Property Overview
A rare opportunity to own a beautifully updated triplex in one of Bellingham’s most beloved downtown neighborhoods. Located just blocks from the courthouse, professional offices, and PeaceHealth St. Joseph Medical Center, this property offers a lifestyle of connection and convenience, with strong and steady rental potential.Thoughtfully taken down to the studs and rebuilt with care, nothing was left untouched. All new plumbing, electrical, and systems bring the ease of modern living, while the warmth and character of this early 1900s home have been intentionally preserved.The main floor lives like a home of its own, offering a spacious two bedroom layout of approximately 1500 square feet with generous living and dining spaces filled with natural light. Upstairs, two inviting one bedroom units of approximately 700 square feet each create flexibility for long term or mid term rental options.Each unit includes washer and dryer hookups, and the property offers shared basement storage along with off street parking for multiple vehicles, a rare find this close to downtown.Fully permitted and truly turnkey, this is more than an investment. It is a chance to own a piece of Bellingham’s history, thoughtfully brought forward for the way we live today. *property pended + to no fault of the home buyers got cold feet.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Lettered Streets
Listed
Apr 22, 2026
Financial Summary
Cap Rate
4.80%
Net Operating Income
$62,220
Gross Scheduled Income
$81,600
Gross Rent Multiplier
15.87
Total Expenses
$13,300
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,924
Leasable Area
3,000 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
4,356 sqft
Year Built
1901
Exterior & Lot
Lot Size
0.10 sqft
Year Built
1901
Exterior Materials
Cement
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Sidewalk
Exterior Features
Cement/Concrete
Location
City
Bellingham
County
Whatcom
Coordinates
48.75638, -122.47647
Additional Information
Tax Year
2026
Annual Taxes
$5,500
Possession
Array
Based on information submitted to the MLS GRID as of May 14, 2026 2:30 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.
