$14,250,000

Pending Inspection

820 32nd Street

Bellingham, WA 98225

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51,316

SqFt

1988

Built

This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms (53 – 850 sq ft units; 4 – 1,059 sq ft units; 4 – ADA features). Baths: 32 apts with 1 – ¾ bath; 21 townhouses with 1 – ½ bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.

MORTGAGE CALCULATOR

$72,056

Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$14,250,000

Bedrooms0

Full Baths0

Half Baths0

Inside Area (SqFt)51,316 sqft

Lot Size1.93 Acres

Year Built1988

MLS® Number2333623

StatusPending Inspection

Property Tax52463

HOA/Condo/Coop FeesN/A

GENERAL

Acres1.93

Additional Property UseMulti-Family

Number Of Stories3

Parking Spaces80

Property Sub TypeMulti Family

SqFt Total51316

UtilitiesCable Available, Sewer Connected

Water SourcePublic

ZoningMulti-Family

INTERIOR

FlooringVinyl, Carpet

HeatingElectric, Baseboard

EXTERIOR

Construction DetailsCement Siding, Wood Siding

FencingPartial

Lot FeaturesPaved

Patio And PorchDeck, Patio

RoofComposition

ViewCity, Territorial

WaterviewCity, Territorial

COMMUNITY

Financing Terms AvailableCash, Conventional

MLS Area860 - Bellingham

School DistrictBellingham

SCHOOLS

School DistrictBellingham

Elementary SchoolHappy Vly Elem

Middle SchoolFairhaven Mid

High SchoolSehome High

RECENT ACTIVITY

April 23, 2026Pending

March 24, 202614250000

Listing courtesy of Windermere RE Whatcom, Inc.

Courtesy of NWMLS
Listing courtesy of Kevin Geraghty of Windermere RE Whatcom, Inc.

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-14 11:56 PM PDT