Property Details
3902 Idaho Street
Bellingham, WA 98229
$595,000
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Property Overview
Lovely location for home or investment. Two rehabbed manufactured homes in idyllic spot. Big half acre lot on cul-de-sac near Whatcom Falls and Bloedel Parks, Kulshan M. School, Geneva E. School. Extensive improvements; new water lines, new floors, new applcs, new roof, new furnaces, etc. A good spot to live, easily managed as a rental. Approval to divide into two lots. (With infill toolkit it's possible 4-5 Lots on this site.) 3902 is 3 bdrm 2 bath home 1200 sq. ft. plus large Sun porch facing meadow and forest. Heated with electric furnace & a propane gas fireplace. Also a shop. Unit @3900 is two bedroom one bath. It has a storage building in backyard. Separate electric meters. Just one Water Service for both units now paid by owner. Recent rents are $2,200 and $1,800 total of $4,000 per month gross rent. One unit is vacant. Unit at 3902 is now leased thru Aug. of 2027. There are supplements available that show the property survey and possible designs for a four lot short plat.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Whatcom Falls
Listed
Jul 23, 2026
Structure Type
Duplex
Parcel Number
3803270102210001
Tax & HOA
Annual Property Tax
$4,280 (2025)
Est. Monthly Tax
$357/mo
Financial Summary
Cap Rate
6.90%
Net Operating Income
$41,288
Gross Scheduled Income
$48,000
Gross Rent Multiplier
12.40
Total Expenses
$6,712
Building & Use
Building Sq Ft
2,822
Leasable Area
1,984 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
22,865 sqft
Year Built
1969
Exterior & Lot
Lot Size
0.52 sqft
Year Built
1969
Exterior Materials
Metal/Vinyl, Stone
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street, Paved
Exterior Features
Metal/Vinyl, Stone
Community & Access
Directions
Follow Electric Avenue from split with Lakeway towards Bloedel Park, turn right or north on Idaho street, approximately three blocks to end of Street on the right.
Location
City
Bellingham
County
Whatcom
Coordinates
48.75227, -122.42039
Additional Information
Tax Year
2025
Annual Taxes
$4,280
Possession
Array
