1309 Billy Frank Jr Street Bellingham, WA 98225
Listing Courtesy of: MLS LogoNorthwest MLS / Hammer Properties Nw Inc.

  1309 Billy Frank Jr Street Bellingham, WA 98225

Active (2 Days)
$4,995,000 (USD)
11,094
SQFT

Description

Prime investor opportunity in Downtown Bellingham’s Urban Village. This 3-year-old, 13-unit building offers modern construction, low operating costs, and strong tenant demand in a highly walkable core location. Units feature contemporary finishes and efficient systems designed for long-term durability. Units have full appliance suite: range, fridge, dishwasher, washer+dryer. Ten parking spaces can be rented separately. There is a bike storage room and a bus stop out front. Five years remain on the Multi-Family Tax Exemption (MFTE), providing valuable tax savings and enhancing projected returns. With stable occupancy and minimal maintenance needs, this turnkey asset is ideal for investors seeking steady performance and future appreciation.

MLS #:
2459615
Taxes
$3,967(2025)
Lot Size
6,970 SQFT
Type
Multifamily
Building Name
New Whatcom
Year Built
2022
Style
10+ Units
Views
Bay, City, Territorial, Mountain(s)
School District
Bellingham
County
Whatcom County
Community
Downtown

Listed By

Nikki Quinn, Hammer Properties Nw Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 14 2025 at 3:22 AM PST
Bathroom Details
Subdivision
  • Downtown
Lot Information
  • Sidewalk
  • Secluded
  • Alley
Property Features
  • Gated Entry
  • Cable Tv
  • High Speed Internet
  • Sprinkler System
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall Unit(s)
Flooring
  • Vinyl Plank
Exterior Features
  • Brick
  • Metal/Vinyl
  • Cement/Concrete
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Efficiency: Thermal Windows
School Information
  • Elementary School: Lowell Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High
Additional Listing Info
  • Buyer Brokerage Compensation: 1.0
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Based on information submitted to the MLS GRID as of 12/13/25 19:22. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.