Located within a designted OPPORTUNITY ZONE which allows for many long term tax benefits (BUYER TO VERIFY) Great Mutli Family Property with Three -3 BEDROOM units AND 1 Studio and 2 Garages. Right next the Park above South Hill Apartments. Amazing Bays Views, Updated Electrical Breaker w 4 subpanels. Gas Heat. Locking Mailboxes. Good rental income currently with room for growth Very Close to WWU and conveniently located just minutes from Fairhaven and Downtown Bellingham Appraisal of $1.4M gives instatnt equity
Sold
Listed by: Utopia Management Inc
Bought with: Muljat Group
$960,000
225 N Forest Street, Bellingham, WA 98225
10beds
4baths
4,269sqft
Multi Family
Built in 1908
-- sqft lot
$985,600 Zestimate®
$225/sqft
$2,215 Estimated rent
Home value
$985,600
$897,000 - $1.08M
$2,215/mo
Zestimate® history
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$5,635/mo
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List your homeWhat's special
Updated electrical breakerGas heat
Zillow last checked:
Listing updated:
Listed by:
Daniel Lee Zedonek,
Utopia Management Inc
Bought with:
Julian Friedman, 115982
Muljat Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2364829
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Baseboard, Fireplace Insert, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Ceramic Tile, Softwood, Vinyl, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 4,269
- Total interior livable area: 4,269 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Lot
- Size: 5,662 sqft
- Dimensions: 48 x 110
- Features: Corner Lot, Curbs, Paved, Sidewalk
Details
- Parcel number: 3802364151840000
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood Siding, Wood Products
- Foundation: Block
- Roof: Composition
Condition
- Good
- Year built: 1908
- Major remodel year: 1908
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: COB
- Water: Public, Company: COB
Green energy
- Energy efficient items: Thermal Windows
Community & neighborhood
Location
- Region: Bellingham
- Subdivision: Bellingham
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 246 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2025 | Sold | $960,000-3.5%$225/sqft |
Source:  NWMLS as distributed by MLS GRID #2364829 Report a problem | ||
| 7/15/2025 | Pending sale | $995,000$233/sqft |
Source: NWMLS as distributed by MLS GRID #2364829 Report a problem | ||
| 7/10/2025 | Price change | $995,000-28.9%$233/sqft |
Source: NWMLS as distributed by MLS GRID #2364829 Report a problem | ||
| 5/27/2025 | Listed for sale | $1,400,000$328/sqft |
Source: NWMLS as distributed by MLS GRID #2364829 Report a problem | ||
| 5/13/2025 | Pending sale | $1,400,000$328/sqft |
Source: NWMLS as distributed by MLS GRID #2364829 Report a problem | ||
| 5/7/2025 | Listed for sale | $1,400,000$328/sqft |
Source: NWMLS as distributed by MLS GRID #2364829 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,232 +1.6% | $1,372,747 -3.5% |
| 2023 | $11,060 +8.1% | $1,421,826 +17.5% |
| 2022 | $10,230 +12.9% | $1,210,072 +24% |
| 2021 | $9,065 +7.6% | $975,891 +14% |
| 2020 | $8,425 | $856,037 +5.3% |
| 2019 | $8,425 +1.8% | $812,565 +18.3% |
| 2018 | $8,274 +18.6% | $686,788 +12.7% |
| 2017 | $6,975 -3.7% | $609,621 +8.6% |
| 2016 | $7,241 +24.6% | $561,396 +5.4% |
| 2015 | $5,813 | $532,461 +5% |
| 2014 | $5,813 +1.6% | $507,092 +5.2% |
| 2013 | $5,722 | $482,249 -8.7% |
| 2012 | -- | $528,177 -0.3% |
| 2011 | -- | $529,720 -1.9% |
| 2010 | -- | $539,750 -4.1% |
| 2009 | $5,075 +22.1% | $562,980 |
| 2008 | $4,155 | $562,980 +33.4% |
| 2007 | $4,155 -13.6% | $422,130 |
| 2005 | $4,810 +900% | $422,130 |
| 2004 | $481 -84.4% | $422,130 +65.3% |
| 2003 | $3,091 +2.8% | $255,335 |
| 2002 | $3,006 -0.4% | $255,335 |
| 2001 | $3,016 | $255,335 |
| 2000 | -- | $255,335 +13.1% |
| 1999 | -- | $225,835 |
Find assessor info on the county website
Neighborhood: South Hill
Nearby schools
GreatSchools rating
- 8/10Lowell Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 8/10Fairhaven Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Sehome High SchoolGrades: 9-12Distance: 0.9 mi
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- Washington
- Whatcom County
- Bellingham
- 98225
- South Hill
- 225 N Forest Street
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