Downtown Homes with 42 - Multi-Family Style

Welcome to Downtown Bellingham, a vibrant neighborhood that perfectly marries urban convenience with the charm of small-town living. Nestled in the heart of Whatcom County, this dynamic area is a hub of activity, offering an eclectic mix of shops, restaurants, and cultural attractions. With its stunning views of Bellingham Bay and the surrounding mountains, Downtown is not just a place to live; it’s a lifestyle.

The Downtown neighborhood is known for its rich history and diverse community, where art and creativity thrive. Stroll along the picturesque streets lined with historic buildings, and you’ll discover a variety of local boutiques, coffee shops, and eateries that cater to every palate. From farm-to-table dining to cozy cafes, the culinary scene here is sure to delight food enthusiasts. Additionally, the area is home to a thriving arts community, with galleries and theaters showcasing local talent.

For those considering multi-family homes in this bustling neighborhood, Downtown Bellingham offers an array of options that cater to both investors and families alike. These multi-family residences provide unique opportunities for rental income while allowing you to immerse yourself in the vibrant community. Whether you're looking for a charming duplex or a modern apartment complex, the diversity of homes available ensures that you’ll find the perfect fit for your lifestyle.

With its strong sense of community, convenient amenities, and stunning natural surroundings, Downtown Bellingham is truly a hidden gem in Washington State. Experience the best of urban living in a neighborhood that feels like home. Come explore what makes Downtown Bellingham the ideal place to invest in your future!

Newest Downtown Homes with 42 - Multi-Family Style

$785,000

2497562 MLS ⋅ ACTIVE Status

Build Opportunity. 7,405 sq ft lot in Bellingham’s Commercial Core. The property is situated in the Downtown Urban Village District which has a multifamily housing development benefit of exempting minimum parking requirements per City Ordinance No 2025-01-001. Ideal for a urban village multifamily over limited commercial development. Excellent fit for a WWU student housing project, conventional housing, or tax-credit housing with a Waker’s Paradise score of 98 and Very Bikeable score of 88. Projects nearby have been highly successful with almost no vacancy and fast absorption. No height restrictions or setbacks allow for a high density project. Adjacent 6,970 sq ft lot that fronts Holly Street is also available for a total combined site of 14,375 sq ft.

319 E Holly Street, Bellingham

Listing courtesy of Pacific Continental Realty LLC.

$3,325,000

2422645 MLS ⋅ ACTIVE Status

6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other commercial/Industrial areas. Exemption from SEPA if 200 units or less is developed. Washington State multi-family tax exemption applies. HUD opportunity zone. Walking distance to medical centers. Future upper level units will have mountain views to the east. Development materials & income in the supplements. Price equates to 190 units at $17,500 per unit. Opportunity for a very profitable project.

3405 3425 Rucker Avenue, Everett

Listing courtesy of Dave Nelson Real Estate.

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