4121 Deemer Rd

Bellingham, WA 98226

$1,850,000
Price
9
Beds
9
Baths
4,997 Sq. Ft.
$370 / Sq. Ft.
4,997
Sq. Ft.
$370
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Listing provided courtesy of RE/MAX Whatcom County, Inc.
Source: Northwest MLS

Description

Sophisticated newer construction offering three luxury residences on one parcel in a prime Bellingham location. Built in 2022, each beautifully designed residence offers approximately 1,650 square feet with 3 bedrooms, 2.5 bathrooms, and attached 2 car garages, creating the comfort and functionality of standalone homes with the convenience of low maintenance living. Thoughtfully finished with quartz countertops, air conditioning, spacious primary suites with en-suite baths, full size washer and dryer,...Sophisticated newer construction offering three luxury residences on one parcel in a prime Bellingham location. Built in 2022, each beautifully designed residence offers approximately 1,650 square feet with 3 bedrooms, 2.5 bathrooms, and attached 2 car garages, creating the comfort and functionality of standalone homes with the convenience of low maintenance living. Thoughtfully finished with quartz countertops, air conditioning, spacious primary suites with en-suite baths, full size washer and dryer, air exchangers, and wired alarm systems. Private fenced grassy front areas provide additional outdoor enjoyment for each residence. All three residences are currently leased, providing immediate income and long term investment stability. Ideal for investors seeking newer construction, low maintenance ownership, and a property that offers a compelling alternative to traditional multifamily assets. Rare opportunity to own a high quality luxury multi residence property in one of Bellingham’s most desirable markets.
  1. Listed by Ronda Karn • RE/MAX Whatcom County, Inc.
    P: (360)-647-1313 karnronda@gmail.com

Property Details for 4121 Deemer Road

Community Name
Bakerview
School District
Bellingham
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
6
Entry Date
06-02-2026
Energy Source
Electric
Sewer
Available
LISTING UPDATED: 06/02/2026 03:17 PM

Property Details for 4121 Deemer Road

StatusActive
MLS #2533662
Days on Market2
Cumulative Days on Market16
Taxes$9,487 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2022
Lot Size0.22 AC / 9,696 SF
CountyWhatcom County
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Location

Listing Courtesy of RE/MAX Whatcom County, Inc.
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Building Information for 4121 Deemer Road

Stories2Residences3Year Built2022Building Size-Lot Size0.22 AC / 9,696 SF

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$10,009 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,219

Property Taxes

$791

HOA Dues

$0

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Property Information for 4121 Deemer Road

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Electric Car Charging, Fenced-Partially, High Speed Internet
  • Area: 860 - Bellingham
  • Directions: I-5 exit 256, head north on Guide Meridian. Turn right on E. Bakerview, left on Deemer Rd. and the tri-plex is on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 6.0
  • Number of Carport Spaces: 0.0
  • 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
  • Floor Covering: Ceramic Tile, Engineered Hardwood, Vinyl Plank
  • Cooling: Yes
  • Cooling: Ductless, HEPA Air Filtration
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless, Recirculation Pump
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 36
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 380307650400000
  • Building Condition: Very Good
  • Calculated Square Footage: 4997
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4997.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 12626
  • Gross Adjusted Income: 95314
  • Gross Rent Multiplier: 19.41
  • Gross Scheduled Income: $107,940
  • Insurance Expense: $3,139
  • Net Operating Income: $95,314
  • Other Expenses: $0
  • Total Monthly Income: 8995
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 4121
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1661
  • Rent Unit 1: $3,050.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: 4123
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1626
  • Rent Unit 2: $2,895.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 3
Unit 3
  • Name Unit 3: 4125
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1661
  • Rent Unit 3: $3,050.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 3
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4997.0

Property History for 4121 Deemer Road

DateEvent & SourcePriceAppreciation
Jun 2, 2026

Listed (Active)

NWMLS #2533662

$1,850,000—
DateEvent & SourcePrice
06/02/2026

Listed (Active)

NWMLS #2533662

$1,850,000

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

Public Records for 4121 Deemer Road

Taxable ValueLand$546,234Additions$596,475Total$1,142,709
Tax Record2025$9,346 ($779 / month)
Home Facts
Total Finished SqFt4,997 SqFtAbove Ground SqFt4,997 SqFtStories2Lot Size9,583 SqFtStyleTriplexYear Built2022ZoningPRM2.5CountyWHATCOMAPN380307 165040 0000

Schools near 4121 Deemer Road

This home is within Bellingham Public Schools.
Rating
School
Type
Grades
Distance
Cordata Elementary School
Public - PK to 5
Shuksan Middle School
Public - 6 to 8
Squalicum High School
Public - 9 to 12
Visions (Seamar Youth Center)
Public - 6 to 12
Rating
School
Distance
Cordata 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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More information about 4121 Deemer Road, Bellingham, WA 98226

4121 Deemer Road is a multi-family home for sale in Bellingham, WA 98226. This property was listed for sale on June 2, 2026 by RE/MAX Whatcom County, Inc., it's currently listed at $1,850,000. This listing's school district is Bellingham Public Schools. Nearby schools include Cordata Elementary School, Shuksan Middle School and Squalicum High School. 4121 Deemer Road is a 9-bed, 9-bath, 4,997 sqft multi-family home built in 2022.

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 06/02/2026 03:17 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.