Listed by Troy Muljat • Muljat Group. Bought with Windermere RE Whatcom, Inc.
Off market jan 2022 for $716K
$835,333
Est. refi paymentEst. refi$3,730/mo
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bd
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— ba
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sq ft
1011 Key St, Bellingham, WA 98225
About this home
Sehome Hill triplex with 1-bedroom and 1-bathroom units, always rented! The property is set back from the street in a residential neighborhood, close to downtown, and half mile to Western Washington University. Each unit has a private entrance and separately metered utilities. Tenants share a basement with a laundry room, spacious yard, and plenty of off-street parking as well. This is a great property to add to your investment portfolio!
Multi-familyProperty Type
1900Year Built
6,970 sq ftLot Size
6 spacesParking
Listed by Troy Muljat• Muljat Group
Bought with Brad Howell• Windermere RE Whatcom, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
—
Sq. Ft.
2,398
Year built
1900
Style
Single Family Residential
County
Whatcom County
APN
3803313024080000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jul 13, 2026.
RS
Residential Single Development Zone
The residential single RS general use type is primarily intended to accommodate families desiring to live within neighborhoods consisting of individual dwelling units or townhouses in low density environments.; These regulations have been adopted to provide flexibility in the arrangement of a main building upon a building site in order to allow efficient and capable design, assure necessary light and air, and to encourage the compatible development of neighborhoods while conserving and enhancing the value of land and the important physical characteristics within the RS areas.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Mixed use
Recreation
Communications tower
Housing-Mobile home park
Park & open space
Jun 12, 2019 • Final
Utilities repair
Replace the sewer service line from the house to the main line.
Plumbing
Apr 13, 1995 • Final
Mechanical
Relocate utility meters and black piping from an old location to a new location.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 6
Open Parking Spaces: 6
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Forced Air, Wall to Wall Carpet
Flooring: Vinyl, Carpet
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood Products
Property Information
Energy Source: Natural Gas
Style Code: 53 - Tri-plex
Property Type: Residential Income
Property Sub Type: Multi Family
Land Information
Possible Use: Residential
Lot Information
MLS Lot Size Source: Assessor
Zoning Jurisdiction: City
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $5,034
Tax Year: 2021
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Sewer: Sewer Connected
Utilities: Sewer Connected, Natural Gas Connected
Water Sewer Garbage: 3169
Location
Multi-Family Financial Information
Fuel Expense: $482
Electric Expense: $78
Insurance Expense: $1,250
Other Expense: $2,132
Net Operating Income: $25,781
Gross Adjusted Income: 37926
Gross Scheduled Income: $38,700
Total Monthly Income: 3225
Gross Rent Multiplier: 19
Total Expenses: 12145
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 3
Vacancy Rate: 2
# of Units (Total): 3
Furnished: Unfurnished
School Information
High School District: Bellingham
Location Information
Directions: From I-5, take exit 253 to Lakeway Drive. Continue onto Lakeway Dr. Turn left on Ellis St. Turn right onto Liberty St. Turn right onto E Maple St. Turn left onto Key St. Property on the right.
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,398
Stories: 1.0
Lot Size: 6,970 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Whatcom County
APN: 3803313024080000
Home facts updated by county records on Jul 13, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Friday, August 13, 2021
Green Information
Power Production Type: Natural Gas
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1950
Effective Year Built Source: Public Records
Structure Type: Triplex
Stories Total: 2
Around this home
Schools
Happy Valley Elementary School
Public PreK-5 • Assigned • 1.4mi
6/10
Fairhaven Middle School
Public 6-8 • Assigned • 2.3mi
8/10
Sehome High School
Public 9-12 • Assigned • 1.0mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 84° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Bellingham, WA • 98225
Average low and high temperatures (°F)
46
36
46
36
51
41
58
43
64
49
69
54
74
58
76
60
70
56
57
47
50
42
48
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.5 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.
7.5 hrs
1.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$794,000 – $961,000
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