Property Details
5331 Evergreen Drive
Bellingham, WA 98226
$750,000
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Property Overview
Welcome to this rare, park-like property on nearly one acre at the end of a quiet North Bellingham cul-de-sac. The home includes an attached 2-bedroom unit-ideal for multigenerational living, or rental income. The grounds are a true retreat: mature trees, garden space, fruit trees, and room to roam. There's space to park an RV with power onsite, a large 3 car detached garage/shop provides for abundant storage and workspace. Close to bus lines and grocery shopping. This is a rare opportunity-must see to appreciate. Shown By Appointment
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Bellingham
Listed
May 13, 2026
Financial Summary
Cap Rate
5.88%
Net Operating Income
$44,114
Gross Scheduled Income
$53,400
Gross Rent Multiplier
14.00
Total Expenses
$9,286
Building & Use
Building Sq Ft
2,524
Leasable Area
2,524 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
30,492 sqft
Year Built
1977
Exterior & Lot
Lot Size
0.70 sqft
Year Built
1977
Garage
3 spaces
Exterior Materials
Brick, Wood
Parking
RV Parking
Sewer
Septic Tank
Water Source
Community
Lot Features
Cul-De-Sac, Dead End Street
Exterior Features
Brick, Wood
Location
City
Bellingham
County
Whatcom
Coordinates
48.83446, -122.53967
Additional Information
Tax Year
2026
Annual Taxes
$6,026
Possession
Array
