2828 2830 Valencia Street, Bellingham, WA 98226

$660,000
2,176
SqFt

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Listing courtesy of RE/MAX Whatcom County, Inc..

List Price
$660,000
Status
ACTIVE
MLS#
2576966
Days on Market
6
Style
52 - Duplex
Finished SqFt
2,176
Area Total SqFt
2176
Annual Tax Ammount
5720
Lot Size (sq ft)
10,890
Sewer
Sewer Connected

Property Description

Well-Located Duplex with Spacious Two-Story Floor Plans! Each 2-bedroom, 2-bathroom unit offers approximately 1,088 SQFT with a unique layout that provides a bedroom, bathroom, and closet space on each level. The upper level functions essentially as a private bedroom suite, offering a bedroom, full bathroom, and generous closet space. The main level features a bedroom, full bathroom, and an eat-in kitchen with a sliding glass door opening to the private patio and lawn area. Each unit also offers covered parking, private outdoor space, and access to a storage shed. Convenient laundry areas provide additional functionality and valuable bonus space. Ideally situated adjacent to trails and just minutes from Barkley Shopping Center, the movie theater, dining, and everyday amenities. Unit 2828 is currently month-to-month at $1,700/month, while Unit 2830 is leased through 5/27/27 at $1,650/month. An attractive opportunity for an investor seeking established rental income or an owner-occupant looking for additional income potential. The adjacent duplex at 2816/2818 Valencia St is also available, providing a unique opportunity to purchase neighboring properties.

Additional Information

List Date
2026-09-03 17:28:12
Community
Roosevelt
Net Operating Income
$30,623
Gross Adjusted Income
$40,200
Gross Scheduled Income
$40,200
Total Monthly Income
$3,350
Water/Sewer/Garbage Expenses
$3,857
Gross Rent Multiplier
16.42
Total Expenses
$9,577
Cap Rate
4.64
Total Number of Units
2
Unit Name
2828 2830
Potential Terms
Cash, Conventional
Year Built
1992
Roof
Composition
Site Features
Cable TV, High Speed Internet, Outbuildings, Patio
Energy Source
Electric
School District
Bellingham
Elementary School
Sunnyland Elem
Middle School
Whatcom Mid
High School
Squalicum High
Total Monthly Income
$3,350
Gross Scheduled Income
$40,200
Gross Adjusted Income
$40,200
Tax Year
2026
W/S/G Expenses
$3,857
Total Expenses
$9,577
Net Operating Income
$30,623
Gross Rent Multiplier
16.42
Cap Rate
4.64
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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