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  • Listed by: Hammer Properties NW Inc. • Joe Tedrow
    $950,000

    1406 Franklin Street, Bellingham, WA 98225

    7beds
    5baths
    3,455sqft
    : 
    $5,846/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $1,074,000 Zestimate®
    $275/sqft
    $-- HOA

    What's special

    Ample off-street parkingGenerous living spaceIn-unit laundry
    Turnkey investment with a proven rental history and strong demand in Bellingham's historic York Neighborhood. This Fully occupied duplex lives more like two homes than two attached units. Each side offers a bedroom with a private full bath, generous living space, in-unit laundry, and ample off-street parking. Well maintained and ideally located near 1-5, WWU, downtown Bellingham, transit, and Nelson's Market. Enjoy an easy walk or bike to local restaurants, breweries, and neighborhood favorites. This unique opportunity is perfect for any investment portfolio or a future owner occupant looking for all the charm of the York Neighborhood while offsetting home ownership costs with consistent rental income.
    16 hours
    121
    4

    Zillow last checked:

    Listing updated:

    Offers reviewed: Sep 10
    Listed by:

    Joe Tedrow,

    Hammer Properties NW Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2577751MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      Heating
      • Forced Air, Wall Furnace, Electric, Natural Gas
      Cooling
      • None
      Features
      • Flooring: Vinyl, Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 3,455
      • Total interior livable area: 3,455 sqft

      Property

      Parking
      • Total spaces: 5
      • Uncovered spaces: 5
      Lot
      • Size: 6,534 Square Feet
      • Features: Curbs, Paved, Sidewalk, Cable TV, Deck, High Speed Internet, Patio
      Details
      • Parcel number: 3803304280310000
      • Zoning description: Multi-Family,Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Block, Poured Concrete
      • Roof: Composition
      Condition
      • Good
      • Year built: 1900
      • Major remodel year: 2007

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected
      • Water: Public

      Community & HOA

      Community
      • Subdivision: York
      Location
      • Region: Bellingham

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $1,122,540
      • Annual tax amount: $9,599
      • Offers reviewed: 09/10/2026
      • Date on market: 9/2/2026
      • Cumulative days on market: 2 days
      • Listing terms: Conventional

        Estimated market value

        $1,074,000

        $924,000 - $1.24M

        $3,212/mo

        Price history

        DateEventPrice
        9/3/2026Listed for sale$950,000+1276.8%$275/sqft
        Source: NWMLS as distributed by MLS GRID #2577751 Report a problem
        5/12/2018Listing removed$1,945$1/sqft
        Source: Zillow Rental Manager Report a problem
        5/2/2018Listed for rent$1,945$1/sqft
        Source: Zillow Rental Manager Report a problem
        4/17/1991Sold$69,000$20/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,186 +2.6%$1,122,540 -2.5%
        2023$8,954 +6.7%$1,151,052 +16%
        2022$8,390 +14.7%$992,304 +26%
        2021$7,315 +1.9%$787,542 +8%
        2020$7,177 $729,206 +6.5%
        2019$7,177 +3%$684,385 +11.4%
        2018$6,969 +11.7%$614,301 +16.1%
        2017$6,239 -0.7%$528,897 +10.8%
        2016$6,282 +32.4%$477,338 +9.9%
        2015$4,744 $434,523 +5.4%
        2014$4,744 +2%$412,261 +3.5%
        2013$4,652 $398,209 +4.6%
        2012-- $380,655
        2011-- $380,655
        2010-- $380,655
        2009$2,552 +8.5%$380,655 +34.5%
        2008$2,352 $283,090 +18.5%
        2007$2,352 +121.6%$238,970 +43.2%
        2005$1,061 $166,930 +79.2%
        2004$1,061 -5.9%$93,135
        2003$1,127 +2.8%$93,135
        2002$1,096 -0.4%$93,135
        2001$1,100 $93,135 +29.7%
        2000-- $71,815
        1999-- $71,815
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: York

        Getting around

        89 / 100
        Very Walkable
        56 / 100
        Good Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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