1310 Ellsworth Street, Bellingham, WA 98225
- $1,650,000
- 4,046
- SqFt
Listing courtesy of RE/MAX Whatcom County, Inc..
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- 2496953
- Days on Market
- 126
- Style
- 52 - Duplex
- Finished SqFt
- 4,046
- Area Total SqFt
- 4046
- Annual Tax Ammount
- 9876
- Lot Size (sq ft)
- 9,584
- Sewer
- Sewer Connected
Property Description
Fully restored Victorian duplex offering immediate income and major future upside in a convenient in-town Bellingham location. Rebuilt down to the studs, this unique property blends historic character with extensive improvements, creating a rare opportunity for investors or buyers seeking both cash flow and long-term potential. As currently configured, the duplex offers projected rental income of approximately $7,300 per month, making it an attractive income-producing asset from day one. Included in the package is the adjacent vacant lot, which previously had a full set of plans for a 4-plex. Together, the restored duplex and additional lot create the potential for a 6-unit overall project, combining current income with future development opportunity. The home itself offers the charm, presence, and architectural detail that only a classic Victorian can provide, while the package as a whole presents a compelling hybrid of existing rental performance and additional build potential. Rare chance to acquire a beautifully restored duplex with flexibility for owner-occupants, investors, or multigenerational living, conveniently located near downtown amenities, shopping, dining, and everyday services.
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Additional Information
- List Date
- 2026-03-24 22:43:12
- Community
- Lettered Streets
- Net Operating Income
- $74,232
- Gross Adjusted Income
- $86,724
- Gross Scheduled Income
- $87,600
- Total Monthly Income
- $1,391
- Insurance Expenses
- $2,616
- Gross Rent Multiplier
- 18.84
- Total Expenses
- $12,492
- Cap Rate
- 4.5
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 1310
- Potential Terms
- Cash, Conventional
- Year Built
- 1905
- Roof
- Composition
- Site Features
- Deck, Gas Available, Outbuildings
- Energy Source
- Electric, Natural Gas
- School District
- Bellingham
- Elementary School
- Parkview Elem
- Middle School
- Whatcom Mid
- High School
- Bellingham High
- Total Monthly Income
- $1,391
- Gross Scheduled Income
- $87,600
- Vacancy Rate
- 1
- Gross Adjusted Income
- $86,724
- Tax Year
- 2026
- Insurance Expense
- $2,616
- Total Expenses
- $12,492
- Net Operating Income
- $74,232
- Gross Rent Multiplier
- 18.84
- Cap Rate
- 4.5
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.