Prime mixed-use investment opportunity in the heart of Blaine, WA. This 3,000 sq ft income-producing commercial building offers a strong blend of residential and retail revenue streams in a high-demand, walkable location. Featuring multiple fully leased units, this property provides immediate cash flow with upside potential. The upper level includes two remodeled residential units, each approximately 750 sq ft with 2 bedrooms and 1 full bath, showcasing modern upgrades such as custom cabinetry, luxury vinyl plank flooring, tile finishes, updated appliances, new windows, and doors. The main level offers flexible commercial space with established retail presence, three office suites, and an additional residential unit, creating diversified income sources. Recent capital improvements include new cement board siding, a new roof, and composite exterior stairs, enhancing long-term durability and reducing future maintenance costs. Ample parking is available via alley access and street frontage. Strategically located near downtown Blaine, I-5, and the US/Canada border, this property benefits from consistent local traffic and cross-border economic activity. Ideal for investors seeking a stabilized asset with mixed-use zoning, strong rental history, and long-term appreciation potential.
Active
Listed by: Windermere RE Whatcom, Inc. • Brandi Coplen
$1,099,990
357 Martin Street, Blaine, WA 98230
5beds
3baths
3,000sqft
Multi Family
Built in 1990
-- sqft lot
$1,061,000 Zestimate®
$367/sqft
$-- HOA
What's special
Modern upgradesTile finishesTwo remodeled residential unitsComposite exterior stairsFlexible commercial spaceNew cement board sidingUpdated appliances
- 61 days |
- 138 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Brandi Coplen,
Windermere RE Whatcom, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2517689
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Lot
- Size: 5,227 Square Feet
- Features: Paved, Sidewalk, Cable TV, High Speed Internet
Details
- Parcel number: 4051015545260000
- Zoning description: Business,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition,Flat
Condition
- Updated/Remodeled
- Year built: 1990
- Major remodel year: 1990
Utilities & green energy
- Electric: Company: City of Blaine
- Sewer: Sewer Connected, Company: City of Blaine
- Water: Public, Company: City of Blaine
- Utilities for property: Xfinity-Buyer To Verify, Xfinity/Ziply- Buyer To Verify
Community & HOA
Community
- Subdivision: Blaine
Location
- Region: Blaine
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $420,536
- Annual tax amount: $2,864
- Date on market: 2/25/2026
- Cumulative days on market: 130 days
- Listing terms: Conventional
Estimated market value
$1,061,000
$1.01M - $1.11M
$2,125/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Listed for sale | $1,099,990$367/sqft |
Source: | ||
| 5/2/2026 | Listing removed | $1,099,990$367/sqft |
Source: eXp Realty #2481673 Report a problem | ||
| 2/25/2026 | Listed for sale | $1,099,990+10%$367/sqft |
Source: eXp Realty #2481673 Report a problem | ||
| 2/14/2025 | Sold | $1,000,000+78.6%$333/sqft |
Source: Public Record Report a problem | ||
| 4/10/2024 | Sold | $560,000+103.6%$187/sqft |
Source: Public Record Report a problem | ||
| 2/10/2016 | Sold | $275,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,865 +19.7% | $420,536 +18.4% |
| 2023 | $2,393 -12.8% | $355,217 |
| 2022 | $2,746 +18.4% | $355,217 +33.6% |
| 2021 | $2,320 -3.4% | $265,820 +6% |
| 2020 | $2,400 | $250,774 |
| 2019 | $2,400 -3.8% | $250,774 +3% |
| 2018 | $2,494 +0.5% | $243,470 |
| 2017 | $2,481 -10% | $243,470 |
| 2016 | $2,756 +16.9% | $243,470 +8.1% |
| 2015 | $2,357 | $225,280 -4.9% |
| 2014 | $2,357 -7.1% | $236,880 |
| 2013 | $2,537 | $236,880 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98230
Nearby schools
GreatSchools rating
- 4/10Blaine Elementary SchoolGrades: 3-5Distance: 0.3 mi
- 7/10Blaine Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Blaine High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Blaine Elem
- Middle: Blaine Mid
- High: Blaine High
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Whatcom County
- Blaine
- 98230
- 357 Martin Street







