Property Details

2424 Orleans Street
Bellingham, WA 98229
$759,900
MLS# 2482385 courtesy of NWMLS Listing firm: eXp Realty

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2424 Orleans Street , Bellingham, WA 98229, Bellingham

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2424 Orleans Street , Bellingham, WA 98229, Bellingham

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Multi-Family
Property Type
1,824
Bldg Sq Ft
2
Units
4.92%
Cap Rate
1994
Year Built

Property Overview

"Investment opportunity! This DUPLEX is located in the heart of Bellingham; only a few blocks from Trader Joe's and a short 5 minute drive to downtown. Each unit boasts an open layout with 2 bedrooms & 2 bathrooms. Each has all appliances including washer/dryer, 4 off street parking spaces and detached storage sheds. Upstairs unit recently (December 2025) underwent full renovation including new vinyl plank flooring, interior paint, electrical switches/receptacles, smoke alarms/CO detectors, interior light fixtures, toilets, range hood, refrigerator, resealed showers, interior/exterior door handles. Downstairs unit has laminate flooring and all new appliances. Exterior was fully renovated in the last 5 years to include a 50 yr metal roof, James Hardie board siding with paint, all exterior windows replaced, fence and deck built! Units are occupied and rented."About a $100,000 or more in updates!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Whatcom
Neighborhood Roosevelt
Listed Feb 18, 2026
Original Price $830,000
Structure Type Duplex
Parcel Number 3803201680680000

Tax & HOA

Annual Property Tax $5,169 (2025)
Est. Monthly Tax $431/mo

Financial Summary

Cap Rate 4.92%
Net Operating Income $40,911
Gross Scheduled Income $49,200
Gross Rent Multiplier 16.86
Total Expenses $8,289

Building & Use

Building Sq Ft 1,824
Leasable Area 1,824 sqft
Total Units 2
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 4,792 sqft
Year Built 1994

Exterior & Lot

Lot Size 0.11 sqft
Year Built 1994
Exterior Materials Cement, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Curbs, Paved, Sidewalk
Exterior Features Cement/Concrete, Wood

Community & Access

Directions East on Alabama, right on Orleans, duplex on left

Location

City Bellingham
County Whatcom
Coordinates 48.76253, -122.45724

Additional Information

Tax Year 2025
Annual Taxes $5,169
Possession Array
Listed By
Don Oneida
eXp Realty

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