1408 G Street, Bellingham, WA 98225

Property Description

Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 5:21PM

Listing Office:

Bellwether Real Estate : 360-305-3650

Listing Agent:

Renae Ingraham : 360-305-3650

MLS ID:

2532842

Interior

• Flooring: VinylCarpet
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: Metal/VinylWood Products
• Parking: Parking spaces: 7

Construction

• Roofing: Composition
• General: 54 - 4-PlexPoured Concrete

Location

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

Lot

• Zoning: 3802255414020000
• View: BayIslandsView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls