2312 Orleans Street, Bellingham, WA 98229 (MLS # 2595368)
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Listing provided courtesy of Northwest MLS; Keller Williams Western Realty
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Build your portfolio with this Bellingham fourplex offering rental income potential, recent improvements and room for future growth. With three 2BD/1BA units and one 1BD/1BA unit, the property offers options for an investor expanding a portfolio or a buyer looking to live in one unit and build a rental portfolio with the others. The mix of one- and two-bedroom homes provides flexibility for a long-term investment plan, while on-site coin-op laundry adds another income source. Recent improvements include fresh paint in two units, new carpet in Unit B, a new refrigerator in Unit D, and refreshed paint and caulking in the common areas. These updates support the property's rental appeal and give the next owner a starting point for future opportunities. Located in a central Bellingham area near shopping, restaurants, parks and freeway access, the property combines everyday convenience with long-term investment possibilities. Beyond the existing fourplex, the back portion of the lot offers potential for future development, creating another avenue to explore as part of a broader investment strategy. Focus on the existing rental income potential, consider an owner-occupied approach, or explore how the property could fit your plans for future growth. Buyer to verify development potential.
| LAST UPDATED | 10/16/2026 | TRACT | Bellingham |
|---|---|---|---|
| YEAR BUILT | 1973 | COMMUNITY | Bellingham |
| COUNTY | Whatcom | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 860 - Bellingham |
| HEAT | Baseboard, Electric |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Alley, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Bellingham |
| TAXES | 6915.42 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/16/26 3:18 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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