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$1,099,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago

Listed by Anthony Zapata | Keller Williams Western Realty | (360) 738-7070 and Ben Kinney | Keller Williams Western Realty | (360) 738-7070

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Prime investment opportunity in Bellingham! This well-maintained fourplex offers strong income potential and future development options on the back portion of the lot. The property features three spacious 2BD/1BA units and one 1BD/1BA unit, plus an on-site coin-op laundry for added income. Located in a central area close to shopping, restaurants, parks, and freeway access, it's ideal for investors seeking steady returns and long-term upside. Current rents are below market, creating immediate value-add potential with rent adjustments or upgrades. Whether you're entering the investment market or expanding your portfolio, this property offers solid cash flow today and room to grow tomorrow. Buyer to verify development potential.

Full Property Details for 2312 Orleans St

General

  • Price: $1,099,000
  • Taxes: $6,915 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2449566
  • Updated: 1/13/2026
  • Added to Site: 80 day(s) ago

Interior

  • Flooring: Laminate, Carpet

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Partially, High Speed Internet
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 5

Location

  • Area: 860 - Bellingham
  • County: Whatcom
  • Subdivision: Bellingham
  • Driving Directions: West on Alabama St. Left on Orleans. Building is near end of street on the left.

School Information

  • High School District: Bellingham

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,456
  • Year Built: 1973
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,019
  • Lot Size Source: Realist
  • Lot Features: Alley, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $6,915.42
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3803201680080000

Listed by Anthony Zapata | Keller Williams Western Realty | (360) 738-7070 and Ben Kinney | Keller Williams Western Realty | (360) 738-7070

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NMLS#: 1598647

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Schools serving 2312 Orleans St

School District:Bellingham School District
NameGradesDistance
Sunnyland Elementary School
2800 James Street, Bellingham, WA 98225
PK-50.6 mi
Whatcom Middle School
810 Halleck Street, Bellingham, WA 98225
6-81.1 mi
Bellingham High School
2020 Cornwall Avenue, Bellingham, WA 98225
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2312 Orleans St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Listed
$1,099,000
30.11%
MLS
6/09/2021
Sold
$844,688
—
Public Record
Get Price Alerts and Save Property
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 for 2312 Orleans St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,086
5%
$866,403
—
2024
$6,736
25%
$866,403
16%
2021
$5,402
-14%
$746,912
26%
2023
$6,316
17%
$592,787
8%
2021
$5,402
8%
$548,877
12%
2020
$5,011
11%
$492,171
29%
2018
$4,518
16%
$380,364
11%
2017
$3,898
-13%
$343,009
-22%
2019
$4,487
32%
$441,786
41%
2016
$3,410
—
$312,389
5%
2016
$3,410
12%
$296,384
1%
2013
$3,056
—
$293,198
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Anthony Zapata | Keller Williams Western Realty | (360) 738-7070 and Ben Kinney | Keller Williams Western Realty | (360) 738-7070

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2312 Orleans Street, Bellingham, WA 98229 (MLS# 2449566) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2312 Orleans Street is currently listed for $1,099,000 and was received on October 30, 2025. Want to learn more about 2312 Orleans 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.

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