Sold
Last Sold Price
1,728 sqft$153/sqft
2516 Racine St, Bellingham, WA 98226
Multi FamilyProperty Type
6,098 sq ftLot Size
1992Year Built
$153/sq ftPrice per sq ft
4 carsParking Spaces

Description

Incredibly clean, well maintained Bellingham duplex in great rental area. Dead end street near Inter Urban Trail and bus stop. Built in 1992, both units are 2 bed, 1 bath, vaulted ceilings, laundry room, carport space and divided by private enclosed deck area with storage. Natural gas water and forced air heat. Consistently good rental record, currently with 2 long term tenants@ $825 and $750/mo. New roof, recent outside paint, one unit recently painted inside with new floor coverings.Incredibly clean, well maintained Bellingham duplex in great rental area. Dead end street near Inter Urban Trail and bus stop. Built in 1992, both units are 2 bed, 1 bath, vaulted ceilings, laundry room, carport space and divided by private enclosed deck area with storage. Natural gas water and forced air heat. Consistently good rental record, currently with 2 long term tenants@ $825 and $750/mo. New roof, recent outside paint, one unit recently painted inside with new floor coverings.
  • Listed by: Greg Flint greg@gregflint.com • Coldwell Banker Bain
  • Listed by: Henry Kuiper 360.671.9640 bellingham@johnlscott.com • John L. Scott, Inc.
Listing closed: 09/08/2014 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 673758

Recent comparable sales

Median sold price

$699,000

Avg days on market

68

Sale-to-list ratio

90.5%

Bellingham, WA

9 comparable properties found

$699,000 | 2821-2823 Pacific Street, Bellingham, WA 98226
1/41
1

$699,000

Sold 06/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,776
Square Feet
0.17
Acres
a front view of a house with a yard
1/41
2

$844,000

Sold 10/07/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,593
Square Feet
0.13
Acres
a front view of a house with a garden
1/36
3

$775,000

Sold 07/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,804
Square Feet
0.11
Acres
$750,000 | 2000 Texas Street, Bellingham, WA 98229
1/39
4

$750,000

Sold 08/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,100
Square Feet
0.17
Acres
$385,000 | 2325 Yew Street, Unit B, Bellingham, WA 98229
1/2
5

$385,000

Sold 06/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,550
Square Feet
0.17
Acres
$385,000 | 2333 Yew Street, Bellingham, WA 98229
1/2
6

$385,000

Sold 06/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,550
Square Feet
0.17
Acres
7

$291,621

Sold 09/29/25

Unavailable
Bedrooms
1
Bathrooms
1,824
Square Feet
0.17
Acres
a front view of a house with a yard and garage
1/41
8

$765,000

Sold 09/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
2,710
Square Feet
0.16
Acres
a front view of a building with a glass door
1/29
9

$299,000

Sold 05/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres

Location

Listing Courtesy of Coldwell Banker Bain; John L. Scott, Inc.

Sold By Coldwell Banker Winthrop Rlty

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Property Information for 2516 Racine Street

Property Details
  • Taxes: $2,330 / year
  • MLS Type: Residential Income
  • Community Name: Bellingham
  • School District: Bellingham
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 0
  • Entry Date: 07-25-2014
  • Sewer: Sewer Connected
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1992
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, High Speed Internet
  • Area: 860 - Bellingham
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: See Remarks
  • Directions: Alabama to Racine. North to 2516-18.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2013
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Fireplace: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1578
  • Power Company: PSE
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1992
  • Photos Count: 18
Lot Information
  • Lot Details: Alley, Curbs, Dead End Street, Paved
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 400129059457
  • Building Condition: Very Good
  • Calculated Square Footage: 1728
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1728.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • 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: 5013
  • Gross Adjusted Income: 13107
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $18,120
  • Insurance Expense: $500
  • Net Operating Income: $13,107
  • Other Expenses: $635
  • Total Monthly Income: 1575
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1728.0
  • Leasable Area Units: Square Feet

Property History for 2516 Racine Street

DateEvent & SourcePriceAppreciation
Sep 8, 2014

Sold

NWMLS #673758

$265,000
Aug 26, 2014

Sold (Public Record)

Public Record #434648566

$265,000

+4.6% / yr

Aug 4, 2014

Pending

NWMLS #673758

DateEvent & SourcePrice
09/08/2014

Sold

NWMLS #673758

$265,000
08/26/2014

Sold (Public Record)

Public Record #434648566

$265,000

+4.6% / yr

08/04/2014

Pending

NWMLS #673758

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

Public Records for 2516 Racine Street

Taxable ValueLand$245,768Additions$351,862Total$597,630
Tax Record2025$4,750 ($396 / month)
Home Facts
Baths1Total Finished SqFt1,728 SqFtAbove Ground SqFt1,728 SqFtStories1Lot Size6,098 SqFtStyleDuplexYear Built1992Year Renovated1992ZoningRM3.6CountyWHATCOMAPN380320-310107-0000

Schools near 2516 Racine 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 - 6 to 12
Rating
School
Distance
Sunnyland Elementary School
PublicPK to 5

Shuksan Middle School
Public6 to 8

Squalicum 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2516 Racine Street, Bellingham, WA 98226
$265,000
1,728
6,098
1
1,792
6,098
$436,500
2,012
9,148
1
1,692
14,810
$106,000
10,019
$297,000
3
1,258
4,792

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Bain; John L. Scott, Inc.

Based on information submitted to the MLS GRID as of 09/05/2024 05:26 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.