Listed by Greg Flint • Coldwell Banker Bain. Bought with CB Cascade RE - Winthrop.
Off Market Sep 2014 for $265K
$623,142
Est. refi paymentEst. refi$1,730/mo
—
bd
•
— ba
•
1,728
sq ft
2516 Racine St, Bellingham, WA 98226
About this home
Incredibly clean, well maintained Bellingham duplex in great rental area. Dead end street near Inter Urban Trail and bus stop. Built in 1992, both units are 2 bed, 1 bath, vaulted ceilings, laundry room, carport space and divided by private enclosed deck area with storage. Natural gas water and forced air heat. Consistently good rental record, currently with 2 long term tenants@ $825 and $750/mo. New roof, recent outside paint, one unit recently painted inside with new floor coverings.
Multi-familyProperty Type
1992Year Built
6,098 sq ftLot Size
$361Est. Price/Sq.Ft.
4 spacesParking
Listed by Greg Flint• Coldwell Banker Bain
Listed by • John L. Scott Bellingham
Bought with David Thomsen• CB Cascade RE - Winthrop
*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
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Sq. Ft.
1,728
Year built
1992
Style
Multi-Family (2-4 Unit)
County
Whatcom County
APN
3803203101070000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RM
Residential Multi Development Zone
The residential multi RM general use type is primarily intended to accommodate the highest concentrations of people within the city and to preclude the development of residential multi zoned properties at densities below the prescribed minimum densities. The regulations found within this chapter are intended to provide a framework for a desirable living environment for the people living within and adjacent to areas designated RM.; The standard regulations within this section are intended to achieve a minimum acceptable level of adequacy for a livable environment. The optional regulations are available for use by the innovative designer or builder to create opportunities for design and site flexibility, while maintaining or surpassing the adequate living environment that the standard regulations would produce.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Recreation
Communications tower
Housing-Mobile home park
Park & open space
Feb 23, 2022 • Final
Utilities repair
Replace the sewer service line from the property line to the main sewer line.
Plumbing
Apr 29, 1994 • Final
Building nonresidential
Construct a new carport at an existing residential duplex.
Addition
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: 2
Open Parking Spaces: 2
Has Open Parking
Interior
Interior Features
Interior Features: Forced Air, Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $500
Other Expense: $635
Net Operating Income: $13,107
Gross Adjusted Income: 13107
Gross Scheduled Income: $18,120
Total Monthly Income: 1575
Gross Rent Multiplier: 15
Total Expenses: 5013
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood Products
Property Information
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Assessor
Site Features: Cable TV,Deck,High Speed Internet
Zoning Jurisdiction: City
Lot Features: Alley, Curbs, Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $2,330
Tax Year: 2013
Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: City of Bellingham
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: City of Bellingham
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
Water Sewer Garbage: 1578
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Bellingham
Location Information
Directions: Alabama to Racine. North to 2516-18.
Community Information
Amenities: Thermal Windows
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,728
Stories: 1.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1992
Year Renovated: —
County: Whatcom County
APN: 3803203101070000
Home facts updated by county records on Jul 13, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Friday, July 25, 2014
Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Natural Gas
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1728
Building Area Total: 1728
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1992
Effective Year Built Source: See Remarks
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Sunnyland Elementary School
Public PreK-5 • Assigned • 0.6mi
5/10
Whatcom Middle School
Public 6-8 • Assigned • 1.3mi
8/10
Squalicum High School
Public 9-12 • Assigned • 1.9mi
8/10
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
3/10 Heat Factor
7 days above 83° 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, 9 days in 30 years
Provided by First Street
Historical weather
Bellingham, WA • 98226
Average low and high temperatures (°F)
45
35
45
34
51
39
59
42
65
48
70
52
76
57
76
58
69
53
57
45
49
41
47
39
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
$592,000 – $717,000
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