Sold

Listed by: Windermere RE Whatcom, Inc. • Chet E. Kenoyer

Bought with: COMPASS

$1,021,000

224 Ashley Avenue, Bellingham, WA 98229

--beds

--baths

3,760sqft

Triplex, Multi Family

Built in 2006

-- sqft lot

$1,033,900 Zestimate^®

$272/sqft

$3,036 Estimated rent

Home value

$1,033,900

$941,000 - $1.14M

$3,036/mo

Zestimate^® history

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$3,036/mo

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$3,036/mo

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$6,115/mo

Est. payment

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$6,115/mo

Est. payment

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What's special

Washers and dryers

Great Investment Property!! Fully occupied, professionally managed, and well kept triplex in a very sought after location that is only steps away from the Western Washington University park & ride, Whole Foods, restaurants, shopping, and I-5. A great mix of floorplans with two spacious townhome style 2 bedroom and 3 bath units, and one level 3 bedroom, 2 bath unit. All three units are modern, stylish, light, and bright units featuring open, spacious, floorplans with gas fireplace in the living room, plus washers and dryers. This is a rare opportunity to own a multifamily investment in Bellingham that is highly desirable to rent due to its location, age, and condition. A smart choice for any investor!

Facts & features

Interior

Heating

Forced Air, Electric, Natural Gas

Cooling

None

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 3,760
Total interior livable area: 3,760 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Uncovered spaces: 6

Lot

Size: 5,227 Square Feet
Features: Curbs, Dead End Street, Paved, Sidewalk, Cable TV, Deck, Gas Available, High Speed Internet

Details

Parcel number: 3803320090310000
Zoning description: Multi-Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Tri-plex
Property subtype: Triplex, Multi Family

Materials

Cement Planked, Cement Plank
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 2006

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Bellingham
Water: Public, Company: City of Bellingham

Community & HOA

Community

Subdivision: Whatcom Falls

Location

Region: Bellingham

Financial & listing details

Price per square foot: $272/sqft
Tax assessed value: $1,088,116
Annual tax amount: $8,904
Date on market: 6/12/2025
Cumulative days on market: 405 days
Listing terms: Conventional

Price history

Date	Event	Price
6/17/2025	Sold	$1,021,000-6.8%$272/sqft
Source: NWMLS as distributed by MLS GRID #2363841 Report a problem
6/2/2025	Pending sale	$1,095,000$291/sqft
Source: NWMLS as distributed by MLS GRID #2363841 Report a problem
4/25/2025	Listed for sale	$1,095,000+95.5%$291/sqft
Source: NWMLS as distributed by MLS GRID #2363841 Report a problem
6/9/2016	Listing removed	$1,400+3.7%
Source: Windermere Property Management Report a problem
11/30/2015	Listing removed	$1,350
Source: Windermere Property Management Report a problem
11/3/2015	Listed for rent	$1,350
Source: Windermere Property Management Report a problem
9/24/2015	Sold	$560,000-4.3%$149/sqft
Source: NWMLS as distributed by MLS GRID #837822 Report a problem
9/7/2015	Pending sale	$585,000$156/sqft
Source: Windermere Real Estate/Whatcom, Inc. #837822 Report a problem
8/21/2015	Listed for sale	$585,000-10%$156/sqft
Source: Windermere Real Estate/Whatcom, Inc. #837822 Report a problem
7/27/2006	Sold	$650,280$173/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,904 +1.6%	$1,088,116 -3.5%
2023	$8,768 +8.1%	$1,127,018 +17.5%
2022	$8,110 +12.9%	$959,170 +24%
2021	$7,185 +7.6%	$773,545 +14%
2020	$6,678	$678,542 +5.3%
2019	$6,678 +1.8%	$644,084 +5%
2018	$6,558 +5.3%	$613,516 +12.7%
2017	$6,231 -3.7%	$544,581 +8.6%
2016	$6,469 +24.6%	$501,485 +5.4%
2015	$5,193	$475,628 +5%
2014	$5,193 +1.6%	$452,967 +5.1%
2013	$5,111	$430,960 -16.6%
2012	--	$516,522 -6.6%
2009	$4,985 +61.6%	$552,990
2008	$3,085	$552,990 +76.4%
2007	$3,085 +238.4%	$313,400 +291.8%
2005	$912	$80,000
2004	$912	$80,000 +55.6%
2003	--	$51,430