2701 Texas St

Bellingham, WA 98229

$1,200,000
Price
8
Beds
4
Baths
1,971 Sq. Ft.
$609 / Sq. Ft.
1,971
Sq. Ft.
$609
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Listing provided courtesy of Lakeside Realty, Inc.
Source: Northwest MLS

Description

Investor opportunity! If you're looking for a place to put your 1031 exchange money look no further! This fourplex featuring four 2-bedroom, 1-bath units with strong upside potential. 2705 & 2709 have been updated, while 2701 & 2703 offer an opportunity for improvements and added value. Current rents are below market, providing excellent potential for future rental increases and improved cash flow. Tenants are month to month. All units include a washer and dryer, 2701-2703 (stack units), 2705-2709...Investor opportunity! If you're looking for a place to put your 1031 exchange money look no further! This fourplex featuring four 2-bedroom, 1-bath units with strong upside potential. 2705 & 2709 have been updated, while 2701 & 2703 offer an opportunity for improvements and added value. Current rents are below market, providing excellent potential for future rental increases and improved cash flow. Tenants are month to month. All units include a washer and dryer, 2701-2703 (stack units), 2705-2709 (full size) Each building has a submeter installed to track each tenants water use so you can charge the tenant for their share of the water and sewer bill.
  1. Listed by Dean Hatcher • Lakeside Realty, Inc.
    P: (360)-739-1419 lsrealty@comcast.net

Property Details for 2701 Texas Street

Community Name
Alabama Hill
School District
Bellingham
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
06-17-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 06/19/2026 06:13 AM

Property Details for 2701 Texas Street

StatusActive
MLS #2529059
Days on Market3
Cumulative Days on Market3
Taxes$7,232 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size0.34 AC / 14,812 SF
CountyWhatcom County
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Location

Listing Courtesy of Lakeside Realty, Inc.
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Building Information for 2701 Texas Street

Stories1Residences4Year Built1976Building Size-Lot Size0.34 AC / 14,812 SF

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$6,582 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,980

Property Taxes

$603

HOA Dues

$0

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Property Information for 2701 Texas Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 860 - Bellingham
  • Block: 8
  • Elementary School: Roosevelt Elementary
  • Middle Or Junior School: Kulshan Mid
  • High School: Bellingham High
  • Effective Year Built Source: Public Records
  • Directions: East on Alabama St (towards lake) take a right on Saint Clair St. then right on Texas St. Subject property is on your right (first & second driveway)
  • 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: 4.0
  • 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
  • Bedrooms Possible: 8
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Assessor
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1976
  • Photos Count: 31
Lot Information
  • Lot Size Dimensions: 14810
  • Lot Number: 11, 12, 13
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 3803211080480000
  • Building Condition: Average
  • Calculated Square Footage: 1971
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1971.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 4
  • Number of Stories in Building: 1
  • 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: 9446
  • Gross Adjusted Income: 59845
  • Gross Rent Multiplier: 23.81
  • Gross Scheduled Income: $59,845
  • Insurance Expense: $2,214
  • Net Operating Income: $50,399
  • Other Expenses: $0
  • Total Monthly Income: 4987
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2701
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 906
  • Rent Unit 1: $950.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2703
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 906
  • Rent Unit 2: $950.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 2705
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 795
  • Rent Unit 3: $1,500.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 2709
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 795
  • Rent Unit 4: $1,200.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3502.0

Property History for 2701 Texas Street

DateEvent & SourcePriceAppreciation
Jun 17, 2026

Listed (Active)

NWMLS #2529059

$1,200,000—
Jan 28, 2013

Sold (Public Record)

Public Record #346457128

$390,000

+2.9% / yr

Jul 30, 1999

Sold (Public Record)

Public Record #54859670

$266,418—
DateEvent & SourcePrice
06/17/2026

Listed (Active)

NWMLS #2529059

$1,200,000
01/28/2013

Sold (Public Record)

Public Record #346457128

$390,000

+2.9% / yr

07/30/1999

Sold (Public Record)

Public Record #54859670

$266,418

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

Public Records for 2701 Texas Street

Taxable ValueLand$285,408Additions$624,723Total$910,131
Tax Record2025$7,444 ($620 / month)
Home Facts
Baths2Total Finished SqFt1,590 SqFtAbove Ground SqFt1,590 SqFtStories1Lot Size14,810 SqFtStyleDuplexYear Built1975ZoningRM3.6CountyWHATCOMAPN380321 108048 0000Fireplace TypeHas Fireplace

Schools near 2701 Texas 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
Visions (Seamar Youth Center)
Public - 6 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Kulshan Middle School
Public6 to 8

Bellingham 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 2701 Texas Street, Bellingham, WA 98229

2701 Texas Street is a multi-family home for sale in Bellingham, WA 98229. This property was listed for sale on June 17, 2026 by Lakeside Realty, Inc., it's currently listed at $1,200,000. It has been on the market for a total of 3 days and was last sold on January 28, 2013. This listing's school district is Bellingham Public Schools. Nearby schools include Roosevelt Elementary School, Kulshan Middle School and Bellingham High School. 2701 Texas Street is a 8-bed, 4-bath, 1,971 sqft multi-family home built in 1976.

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 Lakeside Realty, Inc.

Based on information submitted to the MLS GRID as of 06/19/2026 06:13 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.