The perfect multifamily investment in growing and appreciating Blaine WA. Walking distance to Canadian border. Incredible income potential in 1 bed and 2 bed single level units with decks. Remodeled interiors are lovely. Large 11,000 sf lot allows for so much flexibility for the future. 1,400+ sf heated shop split into 4 separate rentable areas would make great storage for renters, additional income, and/or owner use. Rents are increasing in Blaine! This is a rare opportunity as a high income rental, partial owner occupy, or extended living residence with separate living areas. Address is actually 410 and 420 5th Street. Seller has assumable loan at low APR.
Sold
Listed by: eXp Realty
Bought with: RE/MAX Whatcom County, Inc.
$635,000
418 5th Street, Blaine, WA 98230
--beds
--baths
1,476sqft
Multi Family
Built in 1943
-- sqft lot
$632,800 Zestimate®
$430/sqft
$1,954 Estimated rent
Home value
$632,800
$601,000 - $664,000
$1,954/mo
Zestimate® history
Owner options
List your home for rent
$1,954/mo
Rent Zestimate®
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$1,954/mo
Rent Zestimate®
Refinance and save
$3,762/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,762/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Matt McBeath,
eXp Realty
Bought with:
Chris Edwards, 135039
RE/MAX Whatcom County, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2224459
Facts & features
Interior
Heating
- Forced Air, Heat Pump, Electric, Natural Gas, Propane
Cooling
- Has cooling: Yes
Features
- Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,476
- Total interior livable area: 1,476 sqft
Property
Parking
- Total spaces: 9
- Parking features: RV Parking
- Covered spaces: 2
- Uncovered spaces: 7
Features
- Patio & porch: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.26 Acres
- Dimensions: 149 x 75
- Features: Corner Lot, Curbs, Paved, Sidewalk, Value In Land, Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Shop
Details
- Parcel number: 4101310851030000
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete, Slab
- Roof: Composition,Metal
Condition
- Very Good
- Year built: 1943
- Major remodel year: 2010
Utilities & green energy
- Electric: Company: PSD
- Sewer: Sewer Connected, Company: Blaine
- Water: Public, Company: Blaine
- Utilities for property: Xfinity, Xfinity
Community & neighborhood
Location
- Region: Blaine
- Subdivision: Blaine
Other
Other facts
- Listing terms: Conventional,FHA
- Cumulative days on market: 650 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2024 | Sold | $635,000-2.3%$430/sqft |
Source:  NWMLS as distributed by MLS GRID #2224459 Report a problem | ||
| 7/11/2024 | Pending sale | $650,000$440/sqft |
Source: NWMLS as distributed by MLS GRID #2224459 Report a problem | ||
| 5/5/2024 | Listed for sale | $650,000+201.9%$440/sqft |
Source: NWMLS as distributed by MLS GRID #2224459 Report a problem | ||
| 8/7/2009 | Sold | $215,280+34.5%$146/sqft |
Source: Public Record Report a problem | ||
| 10/5/2004 | Sold | $160,000+117.2%$108/sqft |
Source: Public Record Report a problem | ||
| 10/30/2001 | Sold | $73,657$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,229 +1.1% | $474,092 |
| 2023 | $3,193 -3.3% | $474,092 +11% |
| 2022 | $3,301 +17.7% | $427,110 +32.9% |
| 2021 | $2,805 +4.9% | $321,397 +15% |
| 2020 | $2,675 | $279,476 +9.2% |
| 2019 | $2,675 +5.1% | $255,927 +10% |
| 2018 | $2,545 +7.4% | $232,572 +19.5% |
| 2017 | $2,370 +7.6% | $194,621 |
| 2016 | $2,203 +14.4% | $194,621 +5.7% |
| 2015 | $1,926 | $184,091 +4.5% |
| 2014 | $1,926 +2.1% | $176,170 +1.1% |
| 2013 | $1,887 | $174,248 |
| 2012 | -- | $174,248 -2.9% |
| 2011 | -- | $179,393 -3.3% |
| 2010 | -- | $185,479 +19.7% |
| 2009 | $1,351 -2.7% | $154,930 |
| 2008 | $1,389 | $154,930 |
| 2007 | $1,389 +49.9% | $154,930 +110% |
| 2005 | $927 | $73,765 |
| 2004 | $927 -0.8% | $73,765 |
| 2003 | $934 +1.9% | $73,765 |
| 2002 | $917 -11.7% | $73,765 -15.5% |
| 2001 | $1,039 | $87,260 |
| 2000 | -- | $87,260 |
| 1999 | -- | $87,260 |
Find assessor info on the county website
Neighborhood: 98230
Nearby schools
GreatSchools rating
- 4/10Blaine Elementary SchoolGrades: 3-5Distance: 0.4 mi
- 7/10Blaine Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Blaine High SchoolGrades: 9-12Distance: 0.5 mi
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- Washington
- Whatcom County
- Blaine
- 98230
- 418 5th Street
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