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$525,000 Just Listed
Property Description
Turnkey 4-Lot Short Plat - Permit-Ready Townhome Development. Welcome to 21st Street T-Homes, a fully entitled development opportunity two years in the making. This turnkey project includes a completed 4-lot short plat and permit-ready plans for four zero-lot-line townhomes, with all development and entitlement costs already paid except for the building permits, which are ready for pickup today. The approved design features two separate buildings, each containing two townhomes: Two smaller townhomes fronting Lenora Street, each offering: 2 bedrooms, 1.5 bathrooms and Single-car garage. Two larger townhomes fronting 21st Street, each offering: 3 bedrooms, 2.5 bathrooms and Two-car garage. Ideally located between Western Washington University and Fairhaven, this project presents exceptional flexibility and investment potential. Build and sell the homes individually, construct and hold as two duplexes for long-term income, or explore the possibility of combining the four lots into two larger homesites (buyer to verify). A rare opportunity to step directly into a permit-ready project in one of Bellingham's most desirable locations.
Full Property Details
Full Property Details for 1021 21st St
General
- Price: $525,000
- Taxes: $3,847 (2026)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2542764
- Updated: 6/19/2026
- Added to Site: 5 day(s) ago
Additional Information
- Improvements: Cable TV Available
Location
- Area: 860 - Bellingham
- County: Whatcom
- Subdivision: Happy Valley
- Building Name: 21st Street T-Homes
- Driving Directions: On 21st Street North of Knox
School Information
- High School District: Bellingham
- Elementary School: Happy Vly Elem
- Middle School: Fairhaven Mid
- High School: Sehome High
Utilities
- Electric Available: Yes
- Sewer: Available, On Property
- Water: Available, In Street, On Property
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Structure Type: None
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.1432
- Lot Size (Sq. Ft.): 6,236
- Lot Size Source: Survey
- Lot Dimensions: 50 x 125
- Street/Road Desc.: Paved
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $3,847
- Tax Year: 2026
- Terms: Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Special Conditions: None
- Property ID: 3702014732050000
- Block: Fairhaven Land
- Lot Number: 26-27
Listed by David Hovde | Windermere RE Whatcom, Inc. | (360) 734-7500
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Schools
Schools serving 1021 21st St
School District:Bellingham School District
| Name | Grades | Distance |
|---|---|---|
Happy Valley Elementary School, Bellingham, WA 1041 24th Street, Bellingham, WA 98225 | PK-5 | 0.3 mi |
Fairhaven Middle School 110 Parkridge Road, Bellingham, WA 98225 | 6-8 | 0.8 mi |
Sehome High School 2700 Bill McDonald Parkway, Bellingham, WA 98225 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1021 21st St
Date
Details
Price
Change
Source
6/18/2026
Listed
$525,000
81.03%
MLS
3/04/2019
Sold
$290,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1021 21st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,589
-3%
$438,850
-3%
2024
$3,707
5%
$453,308
—
2024
$3,524
28%
$453,308
17%
2021
$2,759
-16%
$385,797
24%
2023
$3,274
19%
$311,135
14%
2021
$2,759
2%
$272,923
5%
2020
$2,711
20%
$259,063
19%
2019
$2,266
-3%
$217,142
13%
2018
$2,343
13%
$192,742
9%
2017
$2,066
10%
$177,385
5%
2016
$1,880
—
$168,171
5%
2016
$1,880
13%
$160,162
4%
2013
$1,662
—
$153,571
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1021 21st St
1021 21st Street, Bellingham, WA 98225 (MLS# 2542764) is a Multi-Family property with a lot size of 0.1432 acres. 1021 21st Street is currently listed for $525,000 and was received on June 18, 2026. Want to learn more about 1021 21st Street? Do you have questions about finding other Multi-Family real estate for sale in Bellingham? You can browse all Bellingham real estate or contact a Coldwell Banker agent to request more information.
