Investment Opportunity in the core of Bellingham! This building and each of its units offer the best of both worlds. The entire property is functional and efficient with a great balance of comfort for tenants while sustaining a low-maintenance practicality for a conscious/discerning landlord. You will appreciate the easy-care vinyl siding, surrounding plant beds and simple to maintain flat lawn. Tenants love living on a quiet street with low traffic, ample off-street alley parking, perfect floor plans, onsite washer/dryer, dishwasher, convenience to Barkley Village (interurban trail) and quick access to bus lines. Rents can be brought up to create additional upside offering a great way to invest in a piece of Bellingham! See Virtual Tour
Sold
Listed by: Petz Real Estate • Anthony Petz
Bought with: Keller Williams Western Realty
$1,040,000
2324 Valencia Street, Bellingham, WA 98229
8beds
4baths
8,712sqft
Quadruplex, Multi Family
Built in 1988
-- sqft lot
$1,053,500 Zestimate®
$119/sqft
$1,610 Estimated rent
Home value
$1,053,500
$969,000 - $1.14M
$1,610/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Anthony Petz,
Petz Real Estate
Bought with:
Stacy LaCount, 27222
Keller Williams Western Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2338454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Ductless, Electric
Cooling
- Ductless
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 8,712
- Total interior livable area: 8,712 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Features
- Patio & porch: Laminate
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,712 Square Feet
- Features: Paved, Cable TV, Deck, High Speed Internet
Details
- Parcel number: 380320473022
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Metal/Vinyl, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1988
- Major remodel year: 1988
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: COB
- Water: Public, Company: COB
- Utilities for property: Comcast, Comcast/Century Link/Wave
Community & HOA
Community
- Subdivision: Roosevelt
Location
- Region: Bellingham
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $1,014,560
- Annual tax amount: $8,303
- Date on market: 5/5/2025
- Cumulative days on market: 443 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2025 | Sold | $1,040,000-4.9%$119/sqft |
Source:  NWMLS as distributed by MLS GRID #2338454 Report a problem | ||
| 4/29/2025 | Pending sale | $1,094,000$126/sqft |
Source: NWMLS as distributed by MLS GRID #2338454 Report a problem | ||
| 3/1/2025 | Listed for sale | $1,094,000+36.9%$126/sqft |
Source: NWMLS as distributed by MLS GRID #2338454 Report a problem | ||
| 6/16/2020 | Listing removed | $799,000$92/sqft |
Source: RE/MAX Whatcom County, Inc. #1573902 Report a problem | ||
| 6/16/2020 | Listed for sale | $799,000$92/sqft |
Source: RE/MAX Whatcom County, Inc. #1573902 Report a problem | ||
| 6/16/2020 | Pending sale | $799,000$92/sqft |
Source: RE/MAX Whatcom County, Inc. #1573902 Report a problem | ||
| 6/16/2020 | Listed for sale | $799,000+8%$92/sqft |
Source: RE/MAX Whatcom County, Inc. #1573902 Report a problem | ||
| 6/15/2020 | Sold | $740,000-7.4%$85/sqft |
Source: NWMLS as distributed by MLS GRID #1573902 Report a problem | ||
| 4/18/2020 | Pending sale | $799,000$92/sqft |
Source: RE/MAX Whatcom County, Inc. #1573902 Report a problem | ||
| 4/6/2020 | Price change | $799,000-3.2%$92/sqft |
Source: RE/MAX Whatcom County, Inc. #1573902 Report a problem | ||
| 3/5/2020 | Listed for sale | $825,000+85.8%$95/sqft |
Source: RE/MAX Whatcom County, Inc. #1573902 Report a problem | ||
| 6/17/2016 | Listing removed | $825+13.8% |
Source: Landmark Real Estate Management, LLC Report a problem | ||
| 3/28/2012 | Listing removed | $725 |
Source: www.visitlandmark.com Report a problem | ||
| 1/27/2012 | Listed for rent | $725 |
Source: www.visitlandmark.com Report a problem | ||
| 7/6/2007 | Sold | $444,000$51/sqft |
Source: NWMLS as distributed by MLS GRID #27051397 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,303 +2.6% | $1,014,560 -2.5% |
| 2023 | $8,094 +6.7% | $1,040,329 +16% |
| 2022 | $7,583 +14.7% | $896,852 +26% |
| 2021 | $6,611 +1.9% | $711,787 +8% |
| 2020 | $6,486 | $659,062 +27.3% |
| 2019 | $6,486 +23% | $517,732 +11.4% |
| 2018 | $5,272 +11.7% | $464,723 +16.1% |
| 2017 | $4,720 -0.7% | $400,113 +10.9% |
| 2016 | $4,753 +32.5% | $360,949 +9.8% |
| 2015 | $3,588 | $328,658 +5.4% |
| 2014 | $3,588 +2% | $311,820 +17.5% |
| 2013 | $3,518 | $265,411 +4.7% |
| 2012 | -- | $253,580 |
| 2009 | $2,286 -8.4% | $253,580 |
| 2008 | $2,496 | $253,580 |
| 2007 | $2,496 +25.2% | $253,580 |
| 2005 | $1,993 | $253,580 +45% |
| 2004 | $1,993 -5.9% | $174,880 |
| 2003 | $2,117 +2.8% | $174,880 |
| 2002 | $2,059 -0.4% | $174,880 |
| 2001 | $2,066 | $174,880 -3.2% |
| 2000 | -- | $180,700 |
| 1999 | -- | $180,700 |
Find assessor info on the county website
Neighborhood: Roosevelt
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Nearby schools
GreatSchools rating
- 3/10Roosevelt Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Kulshan Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Bellingham High SchoolGrades: 9-12Distance: 1.3 mi
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- Washington
- Whatcom County
- Bellingham
- 98229
- Roosevelt
- 2324 Valencia Street
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