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    344 E Bellis Fair Pkwy Bellingham, WA 98226

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    For Sale
    $1,599,000

    Four-unit multifamily property near Whatcom Community College and Bellis Fair Mall.

    Property size:
    5,992 SF
    Lot size:
    0.32 Acres

    Property Features for 344 E Bellis Fair Pkwy

    General Information

    Size
    5,992 SF
    Lot size
    0.32 Acres

    Building Details

    Year built
    2002

    Source: Muljat Group Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey 4-Plex Near Shopping Center

    This turnkey four-plex is located near Whatcom Community College and Bellis Fair Mall, offering income and long-term upside potential. Situated steps from a grocery store and Bellingham's major retail corridor, the property features four units, each with 2 bedrooms and 2 bathrooms. The units have spacious layouts, a fireplace, updated appliances, designated parking, nearby bus lines, and in-unit laundry. Private decks and patios provide outdoor space. The property has a strong rental history with less than a 1% vacancy rate. It is located minutes from I-5, restaurants, parks, and shopping. The property size is 5992 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.478851
    Latitude
    48.787343

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property near Whatcom Community College and Bellis Fair Mall.
    Where is this quadplex located?
    The property is located at 344 E Bellis Fair Pkwy Bellingham, WA.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: - Strong rental history with less than 1% vacancy rate.; - **Turnkey 4-Plex near Whatcom Community College and Bellis Fair Mall - Prime Investment Opportunity!**; - Each unit features 2 bedrooms and 2 bathrooms with spacious layouts, fireplace, updated appliances, designated parking, and in-unit laundry.
    Request Owner's contact information
    344 E Bellis Fair Pkwy Bellingham, WA 98226
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    Bellingham, WA 98226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    344 E Bellis Fair Pkwy Bellingham, WA 98226
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