508 Gladstone St

Bellingham, WA 98225

$474,999
Price
2
Beds
2
Baths
936 Sq. Ft.
$507 / Sq. Ft.
936
Sq. Ft.
$507
per Sq. Ft.
a backyard of a house with lots of green space
a view of a house with a yard
an empty room with windows
an empty room with a window
a bathroom with a toilet a sink and bathtub
a kitchen with a sink and a stove top oven
a view of storage and utility room
a kitchen with a stove a sink and a refrigerator
an empty room with windows
a view of room with window
a bathroom with a sink a toilet and tub
a view of an empty room
Listing provided courtesy of Windermere Real Estate Whatcom

Description

Unique duplex in a highly sought-after neighborhood. Each apartment has a one bedroom, one bathroom with a duplication of square footage below in a daylight basement which could be used as a garage, storage and/or workspace. Ideally located a short distance from Nelson's market and cafe. Apartments have been rented to long-term tenants for many years but due to no lease information we had to vacate all units. This long-term tenant in 504, next door's duplex similar apartment, just signed a new lease...Unique duplex in a highly sought-after neighborhood. Each apartment has a one bedroom, one bathroom with a duplication of square footage below in a daylight basement which could be used as a garage, storage and/or workspace. Ideally located a short distance from Nelson's market and cafe. Apartments have been rented to long-term tenants for many years but due to no lease information we had to vacate all units. This long-term tenant in 504, next door's duplex similar apartment, just signed a new lease at $1400/month. This duplex has a gas forced air, gas ranges, heat, new sewer line.
  1. Listed by David Hovde • Windermere Real Estate Whatcom

Property Details for 508 Gladstone Street

Community Name
York
School District
Bellingham
View
Territorial
Number of Assigned Spaces
2
Total Covered Parking
2
Entry Date
12-02-2025
Energy Source
Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 12/02/2025 10:58 AM

Property Details for 508 Gladstone Street

StatusActive
MLS #2458213
Days on Market13
Cumulative Days on Market32
Taxes$4,358 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.05 AC / 2,178 SF
CountyWhatcom County

Location

Listing Courtesy of Windermere Real Estate Whatcom
Add your commute

Building Information for 508 Gladstone Street

Stories2Residences2Year Built1925Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$2,710 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,347

Property Taxes

$363

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 508 Gladstone Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Gas Available
  • Area: 860 - Bellingham
  • Block: 7
  • Elementary School: Lowell Elem
  • Middle Or Junior School: Fairhaven Mid
  • High School: Sehome High
  • Effective Year Built Source: Public Records
  • Directions: On the corner of Grant and Gladstone.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • 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: Vinyl, Vinyl Plank, Carpet
  • Amenities: Basement
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2400
  • Power Company: PSE
  • Sewer Company: COB
  • Water Company: COB
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: See Remarks
  • Year Built Effective: 1925
  • Photos Count: 13
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 55 x 40
  • Lot Number: 1
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 3803304580990000
  • Building Condition: Good
  • Calculated Square Footage: 936
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 936.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • 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: 8280
  • Gross Adjusted Income: 33600
  • Gross Rent Multiplier: 14.14
  • Gross Scheduled Income: $33,600
  • Insurance Expense: $1,522
  • Net Operating Income: $25,320
  • Other Expenses: $0
  • Total Monthly Income: 2800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 508
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 468
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 512
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 468
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 1872.0

Property History for 508 Gladstone Street

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Listed (Active)

NWMLS #2458213

$474,999—
DateEvent & SourcePrice
12/02/2025

Listed (Active)

NWMLS #2458213

$474,999

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

Public Records for 508 Gladstone Street

Taxable ValueLand$268,345Additions$277,409Total$545,754
Tax Record2024$4,463 ($372 / month)
Home Facts
Baths1Total Finished SqFt936 SqFtAbove Ground SqFt936 SqFtUnfinished Basement Area936 SqFtStories1Lot Size2,178 SqFtStyleDuplexYear Built1925ZoningRS3.0CountyWHATCOMAPN380330 462099 0000

Schools near 508 Gladstone 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
Options High School
Public - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Fairhaven Middle School
Public6 to 8

Sehome High School
Public9 to 12

Options High School
Public9 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 508 Gladstone Street, Bellingham, WA 98225

508 Gladstone Street is a multi-family home for sale in Bellingham, WA 98225. This property was listed for sale on December 2, 2025 by Windermere Real Estate Whatcom, it's currently listed at $474,999. This listing's school district is Bellingham Public Schools. Nearby schools include Lowell Elementary School, Fairhaven Middle School and Sehome High School. 508 Gladstone Street is a 2-bed, 2-bath, 936 sqft multi-family home built in 1925.

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 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 Windermere Real Estate Whatcom

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 05:40 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.