Residential Income
For Sale
Contact for pricing
Pending
1615 James St, Bellingham, WA 98225
Four-unit income property with a newer roof and some interior remodeling completed in the past three years.
Property SizeContact for details
Days on Market149
Property Features for 1615 James St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Listing Agency:
Windemere Real Estate
Listed By:
Mike Kingsley · License #WA
Source:
Crexi
Added: Apr 11
Changed: Aug 13
Last Checked: Sep 1 at 8:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windemere Real Estate
Investment Insights
Based on property information with market context.
This 4-plex residential income property offers four units with newer roofing and some interior remodeling completed within the last three years. The units are currently described as being under market rent.
The property is positioned for convenient access to shopping, Western Washington University (WWU), downtown, and nearby bus routes.
The current operating information indicates rents are scheduled to increase in August 2023 to $1,300 per unit. The remainder of the units may be viewed after an acceptable Purchase & Sale Agreement, and the remarks also note specific showing requirements including 48 hours post notice for all units under the current management approach.
The property is positioned for convenient access to shopping, Western Washington University (WWU), downtown, and nearby bus routes.
The current operating information indicates rents are scheduled to increase in August 2023 to $1,300 per unit. The remainder of the units may be viewed after an acceptable Purchase & Sale Agreement, and the remarks also note specific showing requirements including 48 hours post notice for all units under the current management approach.
Key Highlights
- Four‑unit income property with a newer roof and some interior remodeling completed in the past three years
- Units are currently under market rent, with rents scheduled to increase in August 2023 to $1,300 per unit
- Rents are described as having room to increase to current market value
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 98225, WA
49,078
Population
24,202
Households
2
Avg Household Size
31
Median Age
48%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
3,895
Density / Sq Mi
$62,220
Median Household Income
$33,122
Median Earnings
$1,430
Median Rent
$588,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit income property with a newer roof and some interior remodeling completed in the past three years.
Where is this quadplex located?
The property is located at 1615 James St Bellingham, WA.
What are key features of this property?
This property features: Four‑unit income property with a newer roof and some interior remodeling completed in the past three years; Units are currently under market rent, with rents scheduled to increase in August 2023 to $1,300 per unit; Rents are described as having room to increase to current market value
