1309 Billy Frank Jr Street, Bellingham, WA 98225

Property Description

Prime investor opportunity in Downtown Bellingham’s Urban Village. This 3-year-old, 13-unit building offers modern construction, low operating costs, and strong tenant demand in a highly walkable core location. Units feature contemporary finishes and efficient systems designed for long-term durability. Units have full appliance suite: range, fridge, dishwasher, washer+dryer. Ten parking spaces can be rented separately. There is a bike storage room and a bus stop out front. Five years remain on the Multi-Family Tax Exemption (MFTE), providing valuable tax savings and enhancing projected returns. With stable occupancy and minimal maintenance needs, this turnkey asset is ideal for investors seeking steady performance and future appreciation.

Listing Status:

Active

Data Last Updated:

February 16, 2026 at 1:19AM

Listing Office:

Hammer Properties NW Inc. : 360-756-6500

Listing Agent:

Nikki Quinn : 360-756-6500

MLS ID:

2459615

Interior

• Flooring: Vinyl Plank
• A/C: None
• Heating: Wall Unit(s)
• Fireplace: Fireplaces: 0
• Eco/Green Feature: Thermal Windows

Exterior

• General: BrickCement/ConcreteMetal/Vinyl
• Parking: Parking spaces: 10

Construction

• Roofing: Flat
• General: Standard Frame56 - 10+ UnitsPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Bellingham
• County: Whatcom

Lot

• Zoning: 3803303630040000
• View: BayCityMountain(s)TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls