Property Details
2413 Peabody Street
Bellingham, WA 98225
$849,000
Pending
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Property Overview
2015-built semi-attached home with a legal Accessory Dwelling Unit (ADU) in the Fountain District Urban Village. Near parks, restaurants, breweries, cafes, and Haggen grocery store…Walk Score of 89. Close proximity to Downtown Bellingham. The 2BD/2.25BA, 1402 sqft main house is currently permitted as a Short-Term Rental with all 5-star reviews. The 1BD/1BA, 419 sqft ADU above the 2-car garage has a private entrance off the alley. As of Dec 2025, City of Bellingham eliminated the owner-occupancy requirement for homes with ADUs. You now have the flexibility to rent both units or "house hack" by living in one unit and renting the other…Snowbirds/part-time residents, simply block out the dates you need. Available fully-furnished & equipped for a turnkey investment opportunity. This configuration would also work well for multi-generational households. Low maintenance no-mow pollinator garden. Covered front porch and partially-covered side deck with electric heater. No HOA.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Whatcom
Neighborhood
Cornwall Park
Listed
Jul 24, 2026
Structure Type
Duplex
Parcel Number
3803190200710000
Tax & HOA
Annual Property Tax
$6,074 (2026)
Est. Monthly Tax
$506/mo
Financial Summary
Cap Rate
5.05%
Net Operating Income
$42,938
Gross Scheduled Income
$75,200
Gross Rent Multiplier
11.30
Total Expenses
$13,462
Vacancy Rate
25.0%
Building & Use
Building Sq Ft
1,821
Leasable Area
1,821 sqft
Total Units
2
Zoning
Commercial,Residential,See Remarks
Possible Use
Commercial, Residential, See Remarks
Lot Size
2,614 sqft
Year Built
2015
Exterior & Lot
Lot Size
0.06 sqft
Year Built
2015
Garage
2 spaces
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk
Exterior Features
Cement Planked, Wood Products
Community & Access
Directions
GPS is accurate. Supra with keys to both units will be on front porch railing.
Location
City
Bellingham
County
Whatcom
Coordinates
48.76267, -122.48529
Additional Information
Tax Year
2026
Annual Taxes
$6,074
Possession
Array
Based on information submitted to the MLS GRID as of July 30, 2026 1:45 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.
