820 32nd Street Bellingham, WA 98225

Property Photo: 820 32nd Street WA 98225

Listing Courtesy of: MLS Logo

Northwest MLS / Windermere Real Estate Whatcom, Inc. / Kevin Geraghty

820 32nd Street Bellingham, WA 98225

Active (182 Days)

$15,950,000

51,316

SQFT

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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 (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.

MLS #:
2333623

Taxes
$52,463(2024)

Lot Size
1.93 acres

Type
Multifamily

Building Name
Sehome Court

Year Built
1988

Style
10+ Units

Views
City, Territorial

School District
Bellingham

County
Whatcom County

Community
Sehome

Listed By

Kevin Geraghty, Windermere Real Estate Whatcom, Inc.

Source
Northwest MLS as distributed by MLS Grid
Last checked Aug 28 2025 at 12:36 AM PDT

Bathroom Details

Subdivision

Sehome

Lot Information

Curbs
Sidewalk
Paved

Property Features

Deck
Patio
Cable Tv
High Speed Internet
Fenced-Partially
Fireplace: 0
Foundation: Poured Concrete

Heating and Cooling

Baseboard

Flooring

Vinyl
Carpet

Exterior Features

Wood
Cement Planked
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Electric
Energy: Green Efficiency: Thermal Windows

School Information

Elementary School: Happy Vly Elem
Middle School: Fairhaven Mid
High School: Sehome High

Additional Listing Info

Buyer Brokerage Compensation: 1.25

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Aug 11, 2025

Price Changed

$15,950,000

-6%

-1,000,000

Jul 21, 2025

Price Changed

$16,950,000

-6%

-1,000,000

May 29, 2025

Price Changed

$17,950,000

-6%

-1,050,888

Feb 26, 2025

Original Price

$19,000,888

Estimated Monthly Mortgage Payment

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

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 8/27/25 17:36. 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.

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Broker does not guarantee the accuracy of dimensions, square footage, lot size, or other information regarding the condition or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to verify information through personal inspection and due diligence with the appropriate research & professionals. Equal Housing Opportunity.

The information set forth on this site is based upon the information which we consider reliable, but because it has been supplied by third parties we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, concluding price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Drew Staudt of Windermere Professional Partners. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect, or civil engineer, to determine such information.