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Listed by: Windermere RE Whatcom, Inc. • David Hovde

Bought with: NextHome Northwest Living

$850,000

500 -508 Gladstone Street, Bellingham, WA 98225

4beds

4baths

1,872sqft

Quadruplex, Multi Family

Built in 1925

-- sqft lot

$856,700 Zestimate^®

$454/sqft

$2,670 Estimated rent

Home value

$856,700

$805,000 - $908,000

$2,670/mo

Zestimate^® history

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$2,670/mo

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$2,670/mo

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$5,095/mo

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$5,095/mo

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What's special

Daylight basementNew lvp flooringNew roof

This rare property offers exceptional flexibility—operate it as a 4-plex or as two separate duplexes. Each apartment features 1 bedroom and 1 bath, along with an equal amount of square footage in a daylight basement that can function as a garage, storage area, or workspace. Ideally located just a short distance from Nelson’s Market and Café, offering walkability and long-term rental appeal. Three of the 4 units were vacated preparing for sale, one long term tenant in 504 recently signed a new lease at $1,400 per month, providing a reliable benchmark for rental potential. Property updates include a new roof (500), gas ranges and heat throughout, new LVP flooring in 500 Gladstone, and a newly installed sewer line in 508.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Wall Furnace, Natural Gas

Cooling

Forced Air

Features

Flooring: Hardwood, Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 1,872
Total interior livable area: 1,872 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Has view: Yes
View description: Territorial

Lot

Size: 4,356 Square Feet
Dimensions: 55 x 40
Features: Corner Lot, Curbs, Paved, Sidewalk, Cable TV, Gas Available

Details

Parcel number: 3803304580990000
Zoning description: Residential,Jurisdiction: City
Special conditions: See Remarks

Construction

Type & style

Home type: MultiFamily
Architectural style: 4-Plex
Property subtype: Quadruplex, Multi Family

Materials

Stucco
Foundation: Poured Concrete
Roof: Composition

Condition

Good
Year built: 1925
Major remodel year: 1925

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: COB
Water: Public, Company: COB
Utilities for property: Comcast, Comcast

Community & HOA

Community

Subdivision: York

Location

Region: Bellingham

Financial & listing details

Price per square foot: $454/sqft
Annual tax amount: $8,716
Date on market: 2/8/2026
Cumulative days on market: 164 days
Listing terms: Conventional

Price history

Date	Event	Price
3/25/2026	Sold	$850,000$454/sqft
Source: NWMLS as distributed by MLS GRID #2482349 Report a problem
3/4/2026	Pending sale	$850,000$454/sqft
Source: NWMLS as distributed by MLS GRID #2482349 Report a problem
2/20/2026	Listed for sale	$850,000$454/sqft
Source: NWMLS as distributed by MLS GRID #2482349 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: York

Nearby homes

Nearby schools

GreatSchools rating

8/10
Lowell Elementary School
Grades: PK-5Distance: 2.1 mi
8/10
Fairhaven Middle School
Grades: 6-8Distance: 2.9 mi
9/10
Sehome High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Lowell Elem
Middle: Fairhaven Mid
High: Sehome 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.