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  • Listed by: Keller Williams Western Realty • Anthony Zapata
    $1,099,000

    2312 Orleans Street, Bellingham, WA 98229

    7beds
    4baths
    3,456sqft
    : 
    $6,986/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1973
    -- sqft lot
    $1,049,700 Zestimate®
    $318/sqft
    $-- HOA

    What's special

    On-site coin-op laundry
    Build your portfolio with this Bellingham fourplex offering rental income potential, recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit, the property offers options for an investor expanding a portfolio or a buyer looking to live in one unit and build a rental portfolio with the others. The mix of one- and two-bedroom homes provides flexibility for a long-term investment plan, while on-site coin-op laundry adds another income source. Recent improvements include fresh paint in two units, new carpet in Unit B, a new refrigerator in Unit D, and refreshed paint and caulking in the common areas. These updates support the property's rental appeal and give the next owner a starting point for future opportunities. Located in a central Bellingham area near shopping, restaurants, parks and freeway access, the property combines everyday convenience with long-term investment possibilities. Beyond the existing fourplex, the back portion of the lot offers potential for future development, creating another avenue to explore as part of a broader investment strategy. Focus on the existing rental income potential, consider an owner-occupied approach, or explore how the property could fit your plans for future growth. Buyer to verify development potential.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Zapata,

    Keller Williams Western Realty,

    Ben Kinney,

    Keller Williams Western Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2449566MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Flooring: Laminate, Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 3,456
      • Total interior livable area: 3,456 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: Open
      • Uncovered spaces: 5
      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 10,018 Square Feet
      • Features: Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet
      Details
      • Parcel number: 3803201680080000
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 4-Plex
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Wood Siding, Wood Products
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Good
      • Year built: 1973

      Utilities & green energy

      • Electric: Company: Puget Sound Energy
      • Sewer: Sewer Connected, Company: City of Bellingham
      • Water: Public, Company: City of Bellingham

      Community & HOA

      Community
      • Subdivision: Bellingham
      Location
      • Region: Bellingham

      Financial & listing details

      • Price per square foot: $318/sqft
      • Tax assessed value: $870,299
      • Annual tax amount: $6,915
      • Date on market: 10/30/2025
      • Listing terms: Conventional,FHA,VA Loan

        Estimated market value

        $1,049,700

        $997,000 - $1.10M

        $2,277/mo

        Price history

        DateEventPrice
        10/30/2025Listed for sale$1,099,000+22%$318/sqft
        Source: NWMLS as distributed by MLS GRID #2449566 Report a problem
        6/24/2021Sold$901,000+157.4%$261/sqft
        Source: NWMLS as distributed by MLS GRID #1751742 Report a problem
        2/2/2005Sold$350,000$101/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,227 +4.5%$870,299 +3%
        2024$6,915 +2.6%$844,941 -2.5%
        2023$6,741 +6.7%$866,403 +16%
        2022$6,316 +14.7%$746,912 +26%
        2021$5,506 +1.9%$592,787 +8%
        2020$5,402 $548,877 +11.5%
        2019$5,402 +7.8%$492,171 +11.4%
        2018$5,011 +11.7%$441,786 +16.1%
        2017$4,487 -0.7%$380,364 +10.9%
        2016$4,518 +32.5%$343,009 +9.8%
        2015$3,410 $312,389 +5.4%
        2014$3,410 +2%$296,384 +1.1%
        2013$3,344 $293,198 +4.7%
        2012-- $280,170
        2009$2,526 -8.4%$280,170
        2008$2,758 $280,170
        2007$2,758 +66.8%$280,170
        2005$1,653 $280,170 +93.1%
        2004$1,653 -5.9%$145,080
        2003$1,756 +2.8%$145,080
        2002$1,708 -0.4%$145,080
        2001$1,714 $145,080 +1.4%
        2000-- $143,070
        1999-- $143,070
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: Roosevelt

        Getting around

        67 / 100
        Somewhat Walkable
        38 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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