1534 Franklin St

Bellingham, WA 98225

$1,199,000
Price
8
Beds
4
Baths
3,168 Sq. Ft.
$378 / Sq. Ft.
3,168
Sq. Ft.
$378
per Sq. Ft.
Get preapproved with Rocket Mortgage1
a front view of a house with garden
a kitchen with granite countertop a sink and a stove top oven
a view of an empty room with wooden floor and a window
a bathroom with a granite countertop sink toilet and shower
a view of an empty room with wooden floor
a view of a room with wooden floor and a window
Listing provided courtesy of Pacific Continental Realty LLC
Source: Northwest MLS

Description

Attractive investment opportunity featuring well-maintained units with durable laminate flooring, vinyl windows, upgraded trim and doors, and clean, functional interiors. Each unit is equipped with in-suite washer and dryer, pantry storage, and linen closets - features that enhance tenant appeal and retention. The property benefits from light, open layouts and a highly accessible location directly across from Grocery Outlet and near downtown, supporting consistent rental demand.Attractive investment opportunity featuring well-maintained units with durable laminate flooring, vinyl windows, upgraded trim and doors, and clean, functional interiors. Each unit is equipped with in-suite washer and dryer, pantry storage, and linen closets - features that enhance tenant appeal and retention. The property benefits from light, open layouts and a highly accessible location directly across from Grocery Outlet and near downtown, supporting consistent rental demand.
  1. Listed by Ryan A. Martin • Pacific Continental Realty LLC
    P: (360)-671-4200 Ryan@northsoundcommercial.com

Property Details for 1534 Franklin Street

Community Name
York
School District
Bellingham
View
City
Total Covered Parking
0
Entry Date
03-18-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 03/18/2026 04:47 PM

Property Details for 1534 Franklin Street

StatusActive
MLS #2494539
Days on Market75
Cumulative Days on Market75
Taxes$8,530 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.21 AC / 9,148 SF
CountyWhatcom County
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Location

Listing Courtesy of Pacific Continental Realty LLC
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Building Information for 1534 Franklin Street

Stories2Residences4Year Built1979Building Size-Lot Size0.21 AC / 9,148 SF

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$6,686 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,975

Property Taxes

$711

HOA Dues

$0

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Property Information for 1534 Franklin Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 860 - Bellingham
  • Effective Year Built Source: Public Records
  • Directions: I-5 to south on Lakeway Dr, follow onto Ellis St, right York St, Right on Franklin
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 12.0
  • Carport: No
  • Open Parking: No
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: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: See Remarks
  • Roof: See Remarks
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1979
  • Photos Count: 6
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 3803304251490000
  • Calculated Square Footage: 3168
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3168.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 12
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 20524
  • Gross Adjusted Income: 81300
  • Gross Rent Multiplier: 14.75
  • Gross Scheduled Income: $81,300
  • Insurance Expense: $2,375
  • Net Operating Income: $60,776
  • Other Expenses: $9,619
  • Total Monthly Income: 6775
  • Fuel Expense: $0
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: 792
  • Rent Unit 1: $1,675.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
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: 792
  • Rent Unit 2: $1,700.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • 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: 792
  • Rent Unit 3: $1,700.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • 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: 792
  • Rent Unit 4: $1,700.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3168.0

Property History for 1534 Franklin Street

DateEvent & SourcePriceAppreciation
Mar 18, 2026

Listed (Active)

NWMLS #2494539

$1,199,000—
Dec 29, 2020

Sold

NWMLS #1693866

$984,000—
Dec 23, 2020

Sold (Public Record)

Public Record #686074451

$984,000

+8.8% / yr

DateEvent & SourcePrice
03/18/2026

Listed (Active)

NWMLS #2494539

$1,199,000
12/29/2020

Sold

NWMLS #1693866

$984,000
12/23/2020

Sold (Public Record)

Public Record #686074451

$984,000

+8.8% / yr

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

Public Records for 1534 Franklin Street

Taxable ValueLand$348,832Additions$678,450Total$1,027,282
Tax Record2025$8,402 ($700 / month)
Home Facts
Baths4Total Finished SqFt1,584 SqFtAbove Ground SqFt1,584 SqFtLot Size9,148 SqFtStyleQuadraplexYear Built1979ZoningRS3.0CountyWHATCOMAPN380330 425149 0000

Schools near 1534 Franklin Street

This home is within Bellingham Public Schools.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - PK to 5
Fairhaven Middle School
Public - 6 to 8
Sehome High School
Public - 9 to 12
Visions (Seamar Youth Center)
Public - 6 to 12
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Fairhaven Middle School
Public6 to 8

Sehome High School
Public9 to 12

Visions (Seamar Youth Center)
Public6 to 12

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.

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More information about 1534 Franklin Street, Bellingham, WA 98225

1534 Franklin Street is a multi-family home for sale in Bellingham, WA 98225. This property was listed for sale on March 18, 2026 by Pacific Continental Realty LLC, it's currently listed at $1,199,000. It has been on the market for a total of 75 days and was last sold on December 29, 2020. This listing's school district is Bellingham Public Schools. Nearby schools include Lowell Elementary School, Fairhaven Middle School and Sehome High School. 1534 Franklin Street is a 8-bed, 4-bath, 3,168 sqft multi-family home built in 1979.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Pacific Continental Realty LLC

Based on information submitted to the MLS GRID as of 03/18/2026 04:47 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.