Movoto Real Estate
Sold on 11/20/2025

800 20th St, Bellingham, WA 98225

  • $1,900,000

    Last sold 11/20/2025 after 28 Days

  • bed

  • bath

  • 6,240

    Sqft ($304/Sqft)

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About 800 20th St

Property type House
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Property description
Well-positioned 8-unit apartment building in Bellingham’s high-demand student housing market. Located just one mile from the heart of Western Washington University, on a quiet dead-end street adjacent to Lowell Park, students can utilize nearby trails as a shortcut to campus, enhancing the property’s appeal. On-site covered parking also adds convenience for tenants. There is upside potential to increase rental income, positioning the property for a near 6% capitalization rate upon stabilization. This “diamond in the rough” presents a compelling opportunity for investors seeking to capitalize on Bellingham’s thriving student housing market.
Listed by
Listing Agent - Troy C. Muljat
Listing Office - Muljat Group
Source: NWMLS mls logo
MLS#2448112 • last updated 5 months ago
Movoto checked NWMLS for data 8 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style Multi Family
MLS # 2448112
SubType Multi Family
Type Residential Income
SqFt 6240
Status Sold
Lot Size (SqFt) 12197
Lot Size (Acres) 0.28
Property Tax 12856
Buying Office COMPASS
Year Built 1980
Buying Office Phone 360-233-5033
Interior
Flooring Carpet
Exterior
Foundation Poured Concrete
Roof Composition
Construction Wood
# Carport Spaces 10
# Parking Spaces 10
Exterior Features Wood
Amenities / Utilities
Power Production: Type Electric
HOA Amenities Coin Op Laundry
Location
County Whatcom
Subdivision Happy Valley
Area 860 - Bellingham
Elementary School Lowell Elem
Middle School Fairhaven Mid
High School District Bellingham
High School Sehome High
APN 370201425361
Zoning Multi-Family
Multifamily Details
Net Operating Income 109925
Capitalization Rate 5.94
Expense: Insurance 3432
Expense: Electricity 600
Gross Scheduled Income 158400
Expense: Other 18851
Gross Adjusted Income 152064
Total Expenses 42139
Gross Rent Multiplier 11.67
Nwm_Totalmonthlyincome 152064
Vacancy Rate 4

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Nearby homes for sale in Bellingham, WA

  • Real Estate
  • WA
  • Whatcom County
  • Bellingham
  • 98225
  • Happy Valley
  • 800 20th St
$2.1M
Range: $1.7M-$2.5M
Last 30 days 
Rental est.: $1,260/month
Gross rent multiplier: 122.4
Powered By Movoto

Nearby recently sold homes in Bellingham, WA

  • Nov 2025
    mls logo MLS # 2448112
  • Nov 20, 2025 Sold
    $1,900,000 (+2.7%)
  • Oct 25, 2025 Pending
  • Oct 23, 2025 Listed
    $1,850,000
  • 800 20th St
    $1.9M
  • Happy Valley
    $650K -63% y/y
  • 98225
    $725K -15% y/y
  • Bellingham
    $717K -4% y/y
No chart available
Statistics calculated by Movoto
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Source: GreatSchools.org © 2026. All rights reserved.
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