HAPPY VALLEY TRIPLEX with ADDITIONAL DEVELOPMENT POTENTIAL! Premium location and a massive 7500 square foot lot make this truly an exceptional opportunity. Nestled between Wilson Ave. and Cowgill Ave. with access off both parallel streets. From Wilson, you have two apartments each with a one-car attached garage. The units feature 2 bedrooms, 1 full bath, open kitchen / living room layout, spacious bedrooms, closets off the hall and in-bathroom, and a slider out to a deck to BBQ or lounge in the beautiful PNW weather. Each unit also has a full size washer/dryer in their extra deep 1-car attached garages. Both units have 1 year leases recently re-signed at $1750 and $1850/mo. On the backside of the property, accessed from Cowgill Ave, you have an oversized 1008 sq. ft. studio apartment with a full kitchen, full size washer/dryer, massive living room and extra-large sleeping / storage / lounge space. The extra large parking area / yard accessed off Cowgill Ave. has the potential to hold additional units (Buyer to verify with COB), giving this property considerable upside opportunity in the years ahead. In the attendance areas of Lowell Elementary, Fairhaven Middle School and Sehome High School. Blocks to Fairhaven Village and its countless shops, restaurants, parks and entertainment. Continue collecting rents, or plan to house-hack while South Side real estate prices continue their steady climb.
71 days
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582
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13
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Zillow last checked:
Listing updated:
Listed by:
Brandon Nelson,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2539221
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Heating
Baseboard, Electric
Cooling
None
Features
Flooring: Vinyl, Vinyl Plank, Carpet
Windows: Thermal Windows
Has fireplace: No
Interior area
Total structure area: 2,592
Total interior livable area: 2,592 sqft
Property
Parking
Total spaces: 4
Parking features: Garage
Garage spaces: 2
Uncovered spaces: 2
Features
Has view: Yes
View description: Territorial
Lot
Size: 7,405 Square Feet
Dimensions: 75 x 100
Features: Dead End Street, Paved, Cable TV, High Speed Internet
Details
Parcel number: 3702123855500000
Zoning description: Residential,Jurisdiction: City
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Tri-plex
Property subtype: Triplex, Multi Family
Materials
Wood Siding
Foundation: Poured Concrete
Roof: Composition
Condition
Good
Year built: 1971
Utilities & green energy
Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Bellingham
Water: Public, Company: City of Bellingham
Utilities for property: Xfinity, Xfinity
Green energy
Energy efficient items: Thermal Windows
Community & HOA
Community
Subdivision: Fairhaven
Location
Region: Bellingham
Financial & listing details
Price per square foot: $347/sqft
Tax assessed value: $829,007
Annual tax amount: $6,734
Date on market: 6/11/2026
Cumulative days on market: 73 days
Listing terms: Conventional
Estimated market value
Zestimate®
$873,300
Estimated sales range
$830,000 - $917,000
Rent Zestimate®
$2,797/mo
Price history
Date
Event
Price
7/20/2026
Price change
$899,000-2.8%$347/sqft
Source: NWMLS as distributed by MLS GRID #2539221Report a problem
6/12/2026
Listed for sale
$925,000+245.1%$357/sqft
Source: NWMLS as distributed by MLS GRID #2539221Report a problem
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.