Property Details

2130 Texas Street
Bellingham, WA 98229
$839,999
MLS# 2522900 courtesy of NWMLS Listing firm: PRO RLTYSRVCS Eastside

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2130 Texas Street , Bellingham, WA 98229, Bellingham

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2130 Texas Street , Bellingham, WA 98229, Bellingham

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Multi-Family
Property Type
2,412
Bldg Sq Ft
3
Units
5.00%
Cap Rate
1988
Year Built

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
Listed By
Igor Bulanov
PRO RLTYSRVCS Eastside

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