1227 Puget St

$1,400,000
Price
6
Beds
6
Baths
4,463 Sq. Ft.
$314 / Sq. Ft.
4,463
Sq. Ft.
$314
per Sq. Ft.

Description

First time on market! Incredibly private 4-plex in highly sought after neighborhood. Completely remodeled and expanded in 2012, this was built with being a potential home-health care business in mind. It is surrounded by 10' tall hedges giving tenants a country feel in the city. Plenty of parking and close to shopping, bus lines, parks, and schools. Largest unit has sole use of an attached garage. Could make make a very profitable assisted living facility.First time on market! Incredibly private 4-plex in highly sought after neighborhood. Completely remodeled and expanded in 2012, this was built with being a potential home-health care business in mind. It is surrounded by 10' tall hedges giving tenants a country feel in the city. Plenty of parking and close to shopping, bus lines, parks, and schools. Largest unit has sole use of an attached garage. Could make make a very profitable assisted living facility.

Property Details for 1227 Puget Street

Community Name
Puget
School District
Bellingham
View
Territorial
Number of Assigned Spaces
7
Total Covered Parking
1
Entry Date
10-02-2025
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 10/18/2025 03:28 PM

Property Details for 1227 Puget Street

StatusActive
MLS #2440893
Days on Market65
Cumulative Days on Market65
Taxes$7,441 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.21 AC / 9,147 SF
CountyWhatcom County

Location

Listing Courtesy of John L. Scott Bellingham
Add your commute

Building Information for 1227 Puget Street

Stories2Residences4Year Built1955Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$7,538 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$620

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1227 Puget Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
  • Area: 860 - Bellingham
  • Effective Year Built Source: Public Records
  • Directions: From I-5, go east on Lakeway Drive. turn right on Puget. Property on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: Yes
  • Cooling: Heat Pump
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Heat Pump
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3727
  • Power Company: PSE
  • Sewer Company: City
  • Water Company: City
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: tax
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2012
  • Photos Count: 12
Lot Information
  • Lot Details: Alley, Paved, Secluded
  • Lot Size Source: tax
  • Parcel Number Free Text: 3803321994700000
  • Building Condition: Very Good
  • Calculated Square Footage: 4463
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4463.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $2,539
  • Total Expenses: 18449
  • Gross Adjusted Income: 64577
  • Gross Rent Multiplier: 16.52
  • Gross Scheduled Income: $84,720
  • Insurance Expense: $3,890
  • Net Operating Income: $64,577
  • Other Expenses: $0
  • Total Monthly Income: 7060
  • Fuel Expense: $852
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1408
  • Rent Unit 1: $2,500.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 809
  • Rent Unit 2: $1,458.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1103
  • Rent Unit 3: $1,452.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1143
  • Rent Unit 4: $1,650.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4463.0

Property History for 1227 Puget Street

DateEvent & SourcePriceAppreciation
Oct 2, 2025

Listed (Active)

NWMLS #2440893

$1,400,000—
Nov 18, 2011

Sold

NWMLS #257297

$250,000—
Nov 17, 2011

Sold (Public Record)

Public Record #319114202

$250,000—
Oct 3, 2011

Pending

NWMLS #257297

—
Aug 1, 2011

Listed (Active)

NWMLS #257297

$295,000—
DateEvent & SourcePrice
10/02/2025

Listed (Active)

NWMLS #2440893

$1,400,000
11/18/2011

Sold

NWMLS #257297

$250,000
11/17/2011

Sold (Public Record)

Public Record #319114202

$250,000
10/03/2011

Pending

NWMLS #257297

—
08/01/2011

Listed (Active)

NWMLS #257297

$295,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1227 Puget Street

Taxable ValueLand$271,219Additions$670,497Total$941,716
Tax Record2024$7,702 ($642 / month)
Home Facts
Beds3Baths6Total Finished SqFt4,260 SqFtAbove Ground SqFt2,133 SqFtFinished Basement SqFt2,127 SqFtStories1Lot Size9,148 SqFtStyleSingle Family ResidenceYear Built1955ZoningRM1.5CountyWHATCOMAPN380332 199470 0000Fireplace TypeHas Fireplace

Schools near 1227 Puget Street

This home is within Bellingham Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 2 to 9
Rating
School
Distance
Carl Cozier Elementary School
PublicPK to 5

Kulshan Middle School
Public6 to 8

Sehome High School
Public9 to 12

Whatcom Discovery
Public2 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1227 Puget Street is a multi-family home for sale in Bellingham, WA 98229. This property was listed for sale on October 2, 2025 by John L. Scott Bellingham, it's currently listed at $1,400,000. It has been on the market for a total of 65 days and was last sold on November 18, 2011. This listing's school district is Bellingham Public Schools. Nearby schools include Carl Cozier Elementary School, Kulshan Middle School and Sehome High School. 1227 Puget Street is a 6-bed, 6-bath, 4,463 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott Bellingham

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/06/2025 01:43 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.