57
Baths
51,316 Sq. Ft.
$278 / Sq. Ft.
51,316
Sq. Ft.
$278
per Sq. Ft.

Description

This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms...This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms (53 – 850 sq ft units; 4 – 1,059 sq ft units; 4 – ADA features). Baths: 32 apts with 1 – ¾ bath; 21 townhouses with 1 – ½ bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.
  1. Listed by Kevin Geraghty • Windermere RE Whatcom, Inc.
    P: 240-360-734-7500 keving@windermere.com

Property Details for 820 32nd Street

Community Name
Sehome
School District
Bellingham
View
City, Territorial
Number of Assigned Spaces
80
Total Covered Parking
0
Entry Date
02-26-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 04/23/2026 12:19 PM

Property Details for 820 32nd Street

StatusPending Inspection
MLS #2333623
Days on Market420
Cumulative Days on Market273
Taxes$52,463 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size1.93 AC / 84,071 SF
CountyWhatcom County

Location

Listing Courtesy of Windermere RE Whatcom, Inc.
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Building Information for 820 32nd Street

Stories3Residences57Year Built1988Building Size-Lot Size1.93 AC / 84,071 SF

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Property Information for 820 32nd Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
  • Area: 860 - Bellingham
  • Elementary School: Happy Vly Elem
  • Middle Or Junior School: Fairhaven Mid
  • High School: Sehome High
  • Effective Year Built Source: Public Records
  • Directions: I-5 to Samish Way exit follow west of the freeway 36th St to Fielding follow to 820 32nd just north of Joe's Garden's.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 90.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Main Level Bathrooms: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Amenities: See Remarks,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 40363
  • 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: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 39
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 490x200
  • Lot Size Source: assessor
  • Parcel Number Free Text: 370306236351
  • Building Condition: Very Good
  • Calculated Square Footage: 51316
  • Structure Type: Multi Family
  • Building Area Total: 51316.0
  • 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
  • Total Uncovered Parking: 80
  • Number of Uncovered Spaces: 90
  • Number of Stories in Building: 3
  • Vacancy Rate: 1
  • Number Of Units Total: 57
  • Units Below Grade: false
  • Units In Building Total: 57
Financing / Income and Expenses
  • Electric Expense: $1,716
  • Total Expenses: 407362
  • Gross Adjusted Income: 969491
  • Gross Rent Multiplier: 19.6
  • Gross Scheduled Income: $979,284
  • Insurance Expense: $22,184
  • Net Operating Income: $562,129
  • Other Expenses: $290,636
  • Total Monthly Income: 81607
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1059
  • Rent Unit 1: $1,460.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1059
  • Rent Unit 2: $1,550.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1059
  • Rent Unit 3: $1,385.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1059
  • Rent Unit 4: $1,575.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: E
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 850
  • Rent Unit 5: $1,405.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: F
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 850
  • Rent Unit 6: $1,550.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: G
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 850
  • Rent Unit 7: $1,485.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: H
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 850
  • Rent Unit 8: $1,405.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: I
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 850
  • Rent Unit 9: $1,445.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: J
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 850
  • Rent Unit 10: $1,405.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: K
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 850
  • Rent Unit 11: $1,485.00
  • Bedrooms Unit 11: 2
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: L
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 850
  • Rent Unit 12: $1,360.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: M
  • Washer/Dryer Unit 13: true
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 850
  • Rent Unit 13: $1,405.00
  • Bedrooms Unit 13: 2
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: N
  • Washer/Dryer Unit 14: true
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 850
  • Rent Unit 14: $1,485.00
  • Bedrooms Unit 14: 2
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: O
  • Washer/Dryer Unit 15: true
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: true
  • Square Feet Unit 15: 850
  • Rent Unit 15: $1,420.00
  • Bedrooms Unit 15: 2
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: P
  • Washer/Dryer Unit 16: true
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: true
  • Square Feet Unit 16: 850
  • Rent Unit 16: $1,195.00
  • Bedrooms Unit 16: 2
  • Bathrooms Unit 16: 1
Unit 17
  • Name Unit 17: Q
  • Washer/Dryer Unit 17: true
  • Range/Oven Unit 17: true
  • Refrigerator Unit 17: true
  • Dishwasher Unit 17: true
  • Square Feet Unit 17: 850
  • Rent Unit 17: $1,380.00
  • Bedrooms Unit 17: 2
  • Bathrooms Unit 17: 1
Unit 18
  • Name Unit 18: R
  • Washer/Dryer Unit 18: true
  • Range/Oven Unit 18: true
  • Refrigerator Unit 18: true
  • Dishwasher Unit 18: true
  • Square Feet Unit 18: 850
  • Rent Unit 18: $1,380.00
  • Bedrooms Unit 18: 2
  • Bathrooms Unit 18: 1
Unit 19
  • Name Unit 19: S
  • Washer/Dryer Unit 19: true
  • Range/Oven Unit 19: true
  • Refrigerator Unit 19: true
  • Dishwasher Unit 19: true
  • Square Feet Unit 19: 850
  • Rent Unit 19: $1,445.00
  • Bedrooms Unit 19: 2
  • Bathrooms Unit 19: 1
Unit 20
  • Name Unit 20: T
  • Washer/Dryer Unit 20: true
  • Range/Oven Unit 20: true
  • Refrigerator Unit 20: true
  • Dishwasher Unit 20: true
  • Square Feet Unit 20: 850
  • Rent Unit 20: $1,445.00
  • Bedrooms Unit 20: 2
  • Bathrooms Unit 20: 1
Unit 21
  • Name Unit 21: U
  • Washer/Dryer Unit 21: true
  • Range/Oven Unit 21: true
  • Refrigerator Unit 21: true
  • Dishwasher Unit 21: true
  • Square Feet Unit 21: 850
  • Rent Unit 21: $1,570.00
  • Bedrooms Unit 21: 2
  • Bathrooms Unit 21: 1
Unit 22
  • Name Unit 22: V
  • Washer/Dryer Unit 22: true
  • Range/Oven Unit 22: true
  • Refrigerator Unit 22: true
  • Dishwasher Unit 22: true
  • Square Feet Unit 22: 850
  • Rent Unit 22: $1,385.00
  • Bedrooms Unit 22: 2
  • Bathrooms Unit 22: 1
Unit 23
  • Name Unit 23: W
  • Washer/Dryer Unit 23: true
  • Range/Oven Unit 23: true
  • Refrigerator Unit 23: true
  • Dishwasher Unit 23: true
  • Square Feet Unit 23: 850
  • Rent Unit 23: $1,405.00
  • Bedrooms Unit 23: 2
  • Bathrooms Unit 23: 1
Unit 24
  • Name Unit 24: X
  • Washer/Dryer Unit 24: true
  • Range/Oven Unit 24: true
  • Refrigerator Unit 24: true
  • Dishwasher Unit 24: true
  • Square Feet Unit 24: 850
  • Rent Unit 24: $1,420.00
  • Bedrooms Unit 24: 2
  • Bathrooms Unit 24: 1
Unit 25
  • Name Unit 25: KK
  • Washer/Dryer Unit 25: true
  • Range/Oven Unit 25: true
  • Refrigerator Unit 25: true
  • Dishwasher Unit 25: true
  • Square Feet Unit 25: 850
  • Rent Unit 25: $1,420.00
  • Bedrooms Unit 25: 2
  • Bathrooms Unit 25: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 50956.0

Property History for 820 32nd Street

DateEvent & SourcePriceAppreciation
Apr 23, 2026

Pending

NWMLS #2333623

Mar 24, 2026

Price Change

NWMLS #2333623

$14,250,000
Oct 22, 2025

Price Change

NWMLS #2333623

$14,995,000
DateEvent & SourcePrice
04/23/2026

Pending

NWMLS #2333623

03/24/2026

Price Change

NWMLS #2333623

$14,250,000
10/22/2025

Price Change

NWMLS #2333623

$14,995,000

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

Public Records for 820 32nd Street

Taxable ValueLand$1,798,274Additions$5,841,694Total$7,639,968
Tax Record2025$62,484 ($5,207 / month)
Home Facts
Baths12Total Finished SqFt51,676 SqFtAbove Ground SqFt51,676 SqFtLot Size84,071 SqFtStyleMiscellaneous CommercialYear Built1988ZoningRM1.0CountyWHATCOMAPN370306 236351 0000

Schools near 820 32nd 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
Happy Valley Elementary School
PublicPK to 5

Fairhaven Middle School
Public6 to 8

Sehome 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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Listing Courtesy of Windermere RE Whatcom, Inc.

Based on information submitted to the MLS GRID as of 04/23/2026 12:19 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.