Listing provided courtesy of Coldwell Banker Bain. Bought with Coldwell Banker Bain.
Off Market Jul 2012 for $435K
—
Est. refi paymentEst. refi$1,461/mo
—
bd
•
— ba
•
—
sq ft
2312 Yew Street Rd, Bellingham, WA 98229
About this home
Investment opportunity. Two 1-story 3-plex buildings on 1+ acres of beautifully landscaped grounds. Plenty of parking. The paved lane leads to a quiet and peaceful setting. City water and sewer. Located in the proposed urban growth area for increased density with the possibility of 3-4 more units. Laundry room provides additional income. Storage locker for each unit. Well maintained and fully rented. Two parking areas.
*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
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.02 Acres
Year renovated
—
Sq. Ft.
3,434
Year built
1971
Style
Other
County
Whatcom County
APN
3703040283330000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
URMX6-10
Urban Residential Mixed District
It is the purpose of this zone district to provide an orderly transition from rural to urban development by limiting densities and uses until services are available and then to provide for mixed uses in a manner that encourages a range of densities and dwelling unit types and pedestrian access to convenience shopping and jobs while maintaining an overall single-family character and property values for the neighborhoods created within this district. This district is intended to implement the Comprehensive Plan policies for portions of the Bellingham Urban Growth Area and portions of other urban growth areas of the county suitable for mixed use development. In the Bellingham Urban Growth Area, the city of Bellingham’s design and development standards and guidelines shall apply. The district is intended to provide for affordable housing types such as apartments, townhouses, and condominiums. Residential development should be located within walking distance of transit stations, designated commercial centers, parks and recreational areas and other employment centers where appropriate.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Housing-Student
Recreation
Park & open space
Jun 20, 2018 • Final
Utilities repair
Replace the waterline from the meter to the house.
Plumbing
Jan 14, 2002 • Final
Utilities new
Install a new sewer service for existing residential units.
Plumbing
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: 15
Open Parking Spaces: 15
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet, Laminate Hardwood
Flooring: Laminate, Vinyl, Carpet
Exterior
Building Information
Roof: Composition, Torch Down
Exterior Features
Exterior Features: Wood
Property Information
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Land Information
Possible Use: Multi-Family
Lot Information
Site Features: Cable TV,Fenced-Partially
Lot Features: Dead End Street, Secluded
Lot Size Units: Square Feet
Lot Size Acres: 1.02
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $4,280
Tax Year: 2011
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of Bellingham
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: City of Bellingham
Utilities: Cable Connected, Sewer Connected, Electric
Water Sewer Garbage: 3603
Location
Multi-Family Financial Information
Electric Expense: $690
Insurance Expense: $1,843
Other Expense: $7,207
Net Operating Income: $27,997
Gross Adjusted Income: 44620
Gross Scheduled Income: $46,000
Total Monthly Income: 3475
Gross Rent Multiplier: 10
Total Expenses: 17623
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 6
Vacancy Rate: 3
# of Units (Total): 6
Furnished: Unfurnished
School Information
High School District: Bellingham
Location Information
Directions: South on Yew Street Road off Lakeway 1.4 miles, past Bennett on the left to 2312/2322 Yew Street Road (down a lane) or north of Wade King Elementary School before Bennett.
Community Information
Amenities: Coin Op Laundry,Storage,Thermal Windows
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,434
Stories: —
Lot Size: 1.02 acres
Style: Other
Year Built: 1971
Year Renovated: —
County: Whatcom County
APN: 3703040283330000
Home facts updated by county records on Jul 13, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, July 26, 2011
Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Parkwood Apartments
Structure Type: Multi Family
Stories Total: 1
Around this home
Schools
Wade King Elementary School
Public PreK-5 • Assigned • 0.5mi
7/10
Fairhaven Middle School
Public 6-8 • Assigned • 2.9mi
8/10
Sehome High School
Public 9-12 • Assigned • 1.7mi
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
1/10 Heat Factor
6 days above 83° expected this year, 12 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 • 98229
Average low and high temperatures (°F)
43
34
43
34
49
38
58
41
63
47
69
51
76
56
76
58
68
53
55
44
48
40
45
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Work with an experienced agent and save on fees. 3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.