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Listing provided courtesy of Keller Williams Western RealtyNWMLSMLS# NWM2449566MLS Provider
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Prime investment opportunity in Bellingham! This well-maintained fourplex offers strong income potential and future development options on the back portion of the lot. The property features three spacious 2BD/1BA units and one 1BD/1BA unit, plus an on-site coin-op laundry for added income. Located in a central area close to shopping, restaurants, parks, and freeway access, it’s ideal for investors seeking steady returns and long-term upside. Current rents are below market, creating immediate value-add potential with rent adjustments or upgrades. Whether you’re entering the investment market or expanding your portfolio, this property offers solid cash flow today and room to grow tomorrow. Buyer to verify development potential.

Source: NWMLS, MLS#: NWM2449566

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  • Property Type
    Residential Income
  • Lot
    0.23 acres

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  • Median Age
    40
  • Population Density
    619
  • College Educated
    57%
  • Estimated Median Income
    $75,099
  • Estimated Total Home Owners
    9,521
  • Estimated Total Renters
    3,744
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    3
  • Total Population
    33,548
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2312 Orleans Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
10/30/2025Source: NWMLS Added to Database
October 30, 2025
6/20/2022Source: NWMLS Added to Database
June 01, 2021
7/1/2021Source: NWMLS Status Change
Sold
6/8/2021Source: NWMLS Status Change
Pending