Property Details
2130 Texas Street
Bellingham, WA 98229
$839,999
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Property Overview
Well-maintained triplex in a prime Bellingham location offering strong, stable income with long-term tenants already in place. Each of the three units features 804 sq ft of comfortable living space with 2 bedrooms and 1 bathroom, vaulted ceilings, and private balconies that enhance natural light and livability. All units are equipped with their own washer and dryer and individual hot water tanks, providing convenience for tenants and reduced owner expenses. Each unit also includes two dedicated parking spaces, a rare and valuable feature for multifamily properties in this area. Ideally situated in the heart of Bellingham, this property is just minutes from Lake Whatcom, Whatcom Falls Park, Galbraith Mountain trails, Trader Joe’s, and downtown, making it highly attractive to renters seeking both outdoor access and urban convenience. This is a turnkey investment opportunity with consistent rental history and upside potential in a high-demand rental market. Ideal for investors or owner-occupants looking to live in one unit and rent the other two—a great way to enter the rental market while offsetting your mortgage.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Alabama Hill
Listed
May 13, 2026
Financial Summary
Cap Rate
5.00%
Net Operating Income
$39,621
Gross Scheduled Income
$4,525
Gross Rent Multiplier
15.47
Total Expenses
$987
Building & Use
Building Sq Ft
2,412
Leasable Area
2,412 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
6,534 sqft
Year Built
1988
Exterior & Lot
Lot Size
0.15 sqft
Year Built
1988
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved
Exterior Features
Metal/Vinyl
Location
City
Bellingham
County
Whatcom
Coordinates
48.76147, -122.44586
Additional Information
Tax Year
2025
Annual Taxes
$544
Possession
Array
