Property Details
4777 Guide Meridian
Bellingham, WA 98226
$2,200,000
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Property Overview
Motivated Seller! 7% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Cordata
Listed
Apr 21, 2026
Financial Summary
Cap Rate
7.00%
Total Expenses
$13,968
Building & Use
Building Sq Ft
12,255
Leasable Area
5,510 sqft
Total Units
6
Zoning
Industrial,Multi-Family
Possible Use
Industrial, Multi-Family
Lot Size
9.60 acres
Year Built
1973
Exterior & Lot
Lot Size
9.60 sqft
Year Built
1973
Garage
2 spaces
Exterior Materials
Metal/Vinyl, Stucco, Wood
Parking
RV Parking
Sewer
Septic Tank
Water Source
Private
Lot Features
Paved, Value In Land
Exterior Features
Metal/Vinyl, Stucco, Wood
Location
City
Bellingham
County
Whatcom
Coordinates
48.81441, -122.48620
Additional Information
Tax Year
2025
Annual Taxes
$13,968
Possession
Array
Based on information submitted to the MLS GRID as of April 21, 2026 4:17 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.
