2124 Woburn St

Bellingham, WA 98229

$875,000
Price
5
Beds
2
Baths
2,312 Sq. Ft.
$378 / Sq. Ft.
2,312
Sq. Ft.
$378
per Sq. Ft.
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Listing provided courtesy of RE/MAX Whatcom County, Inc.
Source: Northwest MLS

Description

Located in a desirable area of Bellingham, this income-producing property offers strong current cash flow with exceptional long-term development potential. The property includes a recently updated 3-bedroom, 1-bath home renting for $2,500/month and a fully remodeled 2-bedroom, 1-bath apartment bringing $1,600/month. Tenants pay all utilities, and both units feature fully fenced yards and ample off-street parking, creating a low-maintenance investment with a cap rate exceeding 5% at current rents....Located in a desirable area of Bellingham, this income-producing property offers strong current cash flow with exceptional long-term development potential. The property includes a recently updated 3-bedroom, 1-bath home renting for $2,500/month and a fully remodeled 2-bedroom, 1-bath apartment bringing $1,600/month. Tenants pay all utilities, and both units feature fully fenced yards and ample off-street parking, creating a low-maintenance investment with a cap rate exceeding 5% at current rents. An unfinished space ready to be built out into a studio apartment provides an immediate value-add opportunity to increase income. The real upside is the development potential. Zoning aligned with the city’s Middle Housing Ordinance allows for 16+ units, ideal for clusters of fourplex-style buildings. With improved street frontage and alley access, the property offers flexibility for phased redevelopment or a larger future project. The large grassy area north of the home may even provide the opportunity to subdivide, build another home, or pursue a smaller development project down the road. Located just minutes from Whatcom Falls Park and the Interurban Trail, the location supports strong rental demand from residents who value Bellingham’s outdoor lifestyle. Hold for income, add a third unit, subdivide, or plan future redevelopment—this is an investment with immediate performance and long-term upside.
  1. Listed by Rachael Wilson • RE/MAX Whatcom County, Inc.
    P: 113-360-647-1313 rachael@rachaelwilson.com
  2. Listed by Tessa Jarvis • RE/MAX Whatcom County, Inc.
    P: (360)-647-1313 tessa.jarvis@nwhomes.net

Property Details for 2124 Woburn Street

Community Name
Roosevelt
School District
Bellingham
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
03-11-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 04/26/2026 07:58 AM

Property Details for 2124 Woburn Street

StatusActive
MLS #2491727
Days on Market63
Cumulative Days on Market63
Taxes$4,804 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1916
Lot Size0.35 AC / 15,246 SF
CountyWhatcom County
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Location

Listing Courtesy of RE/MAX Whatcom County, Inc.
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Building Information for 2124 Woburn Street

Stories1Residences2Year Built1916Building Size-Lot Size0.35 AC / 15,246 SF

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Property Information for 2124 Woburn Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, High Speed Internet, Outbuildings, Patio
  • Area: 860 - Bellingham
  • Block: 2
  • Elementary School: Roosevelt Elementary
  • Middle Or Junior School: Kulshan Mid
  • High School: Bellingham High
  • Directions: I-5 to Sunset, east on Sunset, right on Barkley Blvd. Right on Woburn to address (or east on Iowa St the left on Woburn).
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
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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
  • Floor Covering: Ceramic Tile, Softwood, Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Concrete Ribbon, Slab
  • First Right Of Refusal: false
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Assessor (1272+1040)-see agent remarks
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 120x126x120x127
  • Lot Number: N 1/2 OF LOT 21-LOT 22
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 3803295044900000
  • Building Condition: Remodeled
  • Calculated Square Footage: 2312
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2312.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 8
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6521
  • Gross Adjusted Income: 50400
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $50,400
  • Insurance Expense: $1,717
  • Net Operating Income: $43,879
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 1272
  • Rent Unit 1: $2,500.00
  • Bedrooms Unit 1: 3
  • 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
  • Rent Unit 2: $1,600.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2312.0

Property History for 2124 Woburn Street

DateEvent & SourcePriceAppreciation
Mar 11, 2026

Listed (Active)

NWMLS #2490486

$875,000—
Mar 11, 2026

Listed (Active)

NWMLS #2491727

$875,000—
Oct 12, 2022

Sold

NWMLS #1952695

$510,000—
DateEvent & SourcePrice
03/11/2026

Listed (Active)

NWMLS #2490486

$875,000
03/11/2026

Listed (Active)

NWMLS #2491727

$875,000
10/12/2022

Sold

NWMLS #1952695

$510,000

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

Public Records for 2124 Woburn Street

Taxable ValueLand$263,606Additions$314,705Total$578,311
Tax Record2025$4,730 ($394 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,272 SqFtAbove Ground SqFt1,272 SqFtStories1Lot Size15,246 SqFtStyleSingle Family ResidenceYear Built1916ZoningRM3.6CountyWHATCOMAPN380329 504490 0000Fireplace TypeHas Fireplace

Schools near 2124 Woburn Street

This home is within Bellingham Public Schools.
Rating
School
Type
Grades
Distance
Roosevelt Elementary School
Public - PK to 5
Kulshan Middle School
Public - 6 to 8
Bellingham High School
Public - 9 to 12
Whatcom Discovery
Public - 2 to 9
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Kulshan Middle School
Public6 to 8

Bellingham 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.

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More information about 2124 Woburn Street, Bellingham, WA 98229

2124 Woburn Street is a multi-family home for sale in Bellingham, WA 98229. This property was listed for sale on March 11, 2026 by RE/MAX Whatcom County, Inc., it's currently listed at $875,000. It has been on the market for a total of 63 days and was last sold on October 12, 2022. This listing's school district is Bellingham Public Schools. Nearby schools include Roosevelt Elementary School, Kulshan Middle School and Bellingham High School. 2124 Woburn Street is a 5-bed, 2-bath, 2,312 sqft multi-family home built in 1916.

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 RE/MAX Whatcom County, Inc.

Based on information submitted to the MLS GRID as of 04/26/2026 07:58 AM. 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.