Railroad Avenue / State Street, WA homes for sale & real estate

Railroad Avenue / State Street, WA Homes for Sale

Prime investor opportunity in Downtown Bellingham’s Urban Village. This 3-year-old, 13-unit building offers modern construction, low operating costs, and strong tenant demand in a highly walkable core location. Units feature contemporary finishes and efficient systems designed for long-term durability. Units have full appliance suite: range, fridge, dishwasher, washer+dryer. Ten parking spaces can be rented separately. There is a bike storage room and a bus stop out front. Five years remain on the Multi-Family Tax Exemption (MFTE), providing valuable tax savings and enhancing projected returns. With stable occupancy and minimal maintenance needs, this turnkey asset is ideal for invest

Railroad Avenue / State Street, WA Homes for Sale

This rare property offers exceptional flexibility—operate it as a 4-plex or as two separate duplexes. Each apartment features 1 bdrm and 1 bath, along with an equal amount of square footage in a daylight basement that can function as a garage, storage area, or workspace. Ideally located just a short distance from Nelson’s Market and Café, offering walkability and long-term rental appeal. All units are vacant preparing for sale, one long term tenant in 504 recently signed a new lease at $1,400 per month, providing a reliable benchmark for rental potential. Property updates include a new roof (500), gas ranges and heat throughout, new LVP flooring in 500 Gladstone, and a ne

Railroad Avenue / State Street, WA Homes for Sale

Two rental homes on one property offer an incredible opportunity just blocks from Western Washington University. The first home is newer and the second has been completely renovated with modern upgrades. One home features four bedrooms and one bathroom, and the other offers three bedrooms and one bathroom. Both homes include quartz counters, LVP flooring, stainless appliances, and beautiful contemporary finishes. This is an ideal setup for strong rental income, multi generational living, or an owner occupied investment with additional cash flow. Outstanding location close to Western, shopping, parks, and public transit. A true turnkey investment in the heart of Bellingham.

Railroad Avenue / State Street, WA Homes for Sale

Beautiful 2-bed, 1-bath condo in the heart of downtown Bellingham! This light and bright, single-level home features fresh interior paint, new carpet, an open and inviting living area, and the convenience of an in-unit washer and dryer. Located on the second floor with elevator access, secure entry, and a dedicated garage parking space. HOA dues include water, sewer, and garbage, making it wonderfully low-maintenance. Walk to restaurants, shops, parks, the waterfront, and everything downtown. Close to WWU, an excellent option for investors. No rental cap adds fantastic flexibility for ownership.

Railroad Avenue / State Street, WA Homes for Sale

Enjoy panoramic views of the bay & the San Juan Islands from this light filled corner condo, ideally located along the newly updated waterfront. This 2022 renovated home features 9’ ceilings, large windows on 2 sides & a spacious primary suite with his & her closets. Relax on your private balcony overlooking Waypoint Park—perfect for paddle boarding & enjoy easy access to Kulshan Trackside, downtown restaurants, shops & the Farmers Market just a block away. The secure building offers zero-stair entry, gated access, bike storage, two elevators & garage parking. Ideal for full-time living, weekend getaways, or rental income—this is Belling

Railroad Avenue / State Street, WA Homes for Sale

Classic charmer 1912 house in great location, w/ sunsets, Islands & water views. Close to downtown restaurants, shopping, WWU, & the beach at Boulevard Park. Recently rented as a 6 bedroom house for $5490 a month. There are 4 bedrms +den in the upper level. The lower level has 1 bedrm, a large laundry and separate entrance. Previously the house had an ADU down with full bath, and 2nd kitchen(now removed). Upper level also offers enclosed front porch and primary bedroom with private 1/2 bath. Prime location with decades of predictable rental performance and future development potential. Per city up to 6 units possible on this site. Tax records sq. footage appears to only be the ma