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  • Listed by: Windermere RE Whatcom, Inc. • Kevin Geraghty
    Bought with: Saratoga Commercial R.E.
    $12,500,000

    820 32nd Street, Bellingham, WA 98225

    114beds
    57baths
    51,316sqft
    Multi Family
    Built in 1988
    -- sqft lot
    $12,455,600 Zestimate®
    $244/sqft
    $-- Estimated rent

    Home value

    $12,455,600

    $11.71M - $13.20M

    Not available

    Zestimate® history
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    What's special

    Ada featuresFlooring fixturesUpgraded appliances
    This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms (53 – 850 sq ft units; 4 – 1,059 sq ft units; 4 – ADA features). Baths: 32 apts with 1 – ¾ bath; 21 townhouses with 1 – ½ bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Geraghty,

    Windermere RE Whatcom, Inc.

    Bought with:

    Amia Froese, 27664

    Saratoga Commercial R.E.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2333623MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 114
    • Bathrooms: 57
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Windows: Thermal Windows
    • Has fireplace: No
    Interior area
    • Total interior livable area: 51,316 sqft

    Property

    Parking
    • Total spaces: 90
    • Parking features: Open
    • Uncovered spaces: 90
    Features
    • Has view: Yes
    • View description: City, Territorial
    Lot
    • Size: 1.93 Acres
    • Dimensions: 490 x 200
    • Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
    Details
    • Parcel number: 370306236351
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 10+ Units
    • Property subtype: Multi Family
    Materials
    • Cement Planked, Wood Siding, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1988
    • Major remodel year: 1988

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: City of Bellingham
    • Water: Public, Company: City of Bellingham
    • Utilities for property: Xfinity, Xfinity
    Green energy
    • Energy efficient items: Thermal Windows

    Community & HOA

    Community
    • Subdivision: Sehome
    Location
    • Region: Bellingham

    Financial & listing details

    • Price per square foot: $244/sqft
    • Annual tax amount: $52,463
    • Date on market: 2/26/2025
    • Listing terms: Conventional

    Price history

    DateEventPrice
    8/21/2026Sold$12,500,000-12.3%$244/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    4/23/2026Pending sale$14,250,000$278/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    3/25/2026Price change$14,250,000-5%$278/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    10/28/2025Pending sale$14,995,000$292/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    10/22/2025Price change$14,995,000-3.2%$292/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    9/15/2025Price change$15,495,000-2.9%$302/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    8/11/2025Price change$15,950,000-5.9%$311/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    7/21/2025Price change$16,950,000-5.6%$330/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    5/29/2025Price change$17,950,000-5.5%$350/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem
    2/26/2025Listed for sale$19,000,888$370/sqft
    Source: NWMLS as distributed by MLS GRID #2333623 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Happy Valley

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Happy Vly 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.