820 32nd Street Bellingham, WA 98225
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate/Whatcom, Inc. / Kevin Geraghty

  820 32nd Street Bellingham, WA 98225

Active (148 Days)
$16,950,000
51,316
SQFT

Description

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.

MLS #:
2333623
Taxes
$52,463(2024)
Lot Size
1.93 acres
Type
Multifamily
Building Name
Sehome Court
Year Built
1988
Style
10+ Units
Views
City, Territorial
School District
Bellingham
County
Whatcom County
Community
Sehome

Listed By

Kevin Geraghty, Windermere Real Estate/Whatcom, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Jul 25 2025 at 1:36 AM GMT-0800
Bathroom Details
Subdivision
  • Sehome
Lot Information
  • Curbs
  • Paved
  • Sidewalk
Property Features
  • Cable Tv
  • Deck
  • Fenced-Partially
  • High Speed Internet
  • Patio
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Cement Planked
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Efficiency: Thermal Windows
School Information
  • Elementary School: Happy Vly Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High
Additional Listing Info
  • Buyer Brokerage Compensation: 1.25
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 21, 2025
Price Changed
$16,950,000
-6%
-1,000,000
May 29, 2025
Price Changed
$17,950,000
-6%
-1,050,888
Feb 26, 2025
Original Price
$19,000,888
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 7/24/25 18:36. All data is obtained from various sources and may not have been verified by 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.