800 20th Street St, Bellingham, WA 98225 (MLS # 2448112)
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Listing provided courtesy of Northwest MLS; Muljat Group
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Well-positioned 8-unit apartment building in Bellingham's high-demand student housing market. Located just one mile from the heart of Western Washington University, on a quiet dead-end street adjacent to Lowell Park, students can utilize nearby trails as a shortcut to campus, enhancing the property's appeal. On-site covered parking also adds convenience for tenants. There is upside potential to increase rental income, positioning the property for a near 6% capitalization rate upon stabilization. This "diamond in the rough" presents a compelling opportunity for investors seeking to capitalize on Bellingham's thriving student housing market.
| LAST UPDATED | 10/23/2025 | TRACT | Happy Valley |
|---|---|---|---|
| YEAR BUILT | 1980 | COMMUNITY | Happy Valley |
| COUNTY | Whatcom | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lowell Elem |
|---|---|
| Jr. High School | Fairhaven Mid |
| High School | Sehome High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 860 - Bellingham |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| LOT | 0.28 acre(s) |
| LOT DESCRIPTION | Dead End Street, Paved |
| MLS STATUS | Active |
| STORIES | 3 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Happy Valley |
| TAXES | 12856 |
| UTILITIES | Sewer Connected, Sewer Available |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/24/25 5:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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