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Listed by:Windermere RE Whatcom, Inc. • Lorrie M. Dujmovich

$1,999,999

Est. payment - /mo

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8 Beds

4 Baths

12,255 SqFt

Active

4777 Guide Meridian Bellingham, WA 98226

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Ryan Born

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,255 sqft

Price per Sqft $163

Subdivision Cordata

MLS Listing ID 2511002

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1973

Annual Tax Amount $13,968

Lot Size 9.600 Acres

Lot Dimensions 331X1272

Property Sub-Type Multi Family

Property Description

Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what's next.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Stucco, Wood

Garage Spaces 2.0

Amenities Available Deck, Outbuildings, Propane, RV Parking, Shop

View Y/N Yes

View Territorial

Roof Type Composition,Metal

Building

Lot Description Paved, Value In Land

Sewer Septic Tank

Water Private

New Construction No

Schools

Elementary Schools Irene Reither Primar

Middle Schools Meridian Mid

High Schools Meridian High

School District Meridian

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Mortgage Calculator

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Education

Pets

IHOP

420 W Bakerview Rd, Bellingham, WA 98226

Breakfast & Brunch Phone: 360-255-2048
Soy House

414 W Bakerview Rd, Bellingham, WA 98226

Salad Phone: 360-393-3585
Cruisin Coffee Cordata

319 Calluna Ct, Bellingham, WA 98226

Sandwiches Phone: 360-738-8812
The Fireside Martini & Wine Bar

416 W Bakerview Rd, Bellingham, WA 98226

Lounges Phone: 360-738-1000
Zachary Dean’s Family Italian

410 W Bakerview Rd, Bellingham, WA 98226

Italian Phone: 360-922-7162
Oishii Teriyaki & Rolls

424 W Bakerview Rd Ste 101, Bellingham, WA 98226

Japanese Phone: 360-671-6007

Educational Environment

Elementary Schools (1)

Name

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