4121 Deemer Road, Bellingham, WA 98226

$1,799,000
4,997
SqFt

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Listing courtesy of RE/MAX Whatcom County, Inc..

List Price
$1,799,000
Status
ACTIVE
MLS#
2533662
Price Change
▼ $51,000 1781731983
Days on Market
71
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
4,997
Area Total SqFt
4997
Annual Tax Ammount
9487
Lot Size (sq ft)
9,696
Sewer
Available

Property Description

Sophisticated newer construction offering three luxury residences on one parcel in a prime Bellingham location. Built in 2022, each beautifully designed residence offers approximately 1,650 square feet with 3 bedrooms, 2.5 bathrooms, and attached 2 car garages, creating the comfort and functionality of standalone homes with the convenience of low maintenance living. Thoughtfully finished with quartz countertops, air conditioning, spacious primary suites with en-suite baths, full size washer and dryer, air exchangers, and wired alarm systems. Private fenced grassy front areas provide additional outdoor enjoyment for each residence. All three residences are currently leased, providing immediate income and long term investment stability. Ideal for investors seeking newer construction, low maintenance ownership, and a property that offers a compelling alternative to traditional multifamily assets. Rare opportunity to own a high quality luxury multi residence property in one of Bellingham’s most desirable markets.

Additional Information

List Date
2026-05-19 16:25:17
Community
Bakerview
Net Operating Income
$95,314
Gross Adjusted Income
$95,314
Gross Scheduled Income
$107,940
Total Monthly Income
$8,995
Insurance Expenses
$3,139
Gross Rent Multiplier
19.41
Total Expenses
$12,626
Cap Rate
5.2
Vacancy Rate
1
Total Number of Units
3
Unit Name
4121
Potential Terms
Cash, Conventional, VA Loan
Year Built
2022
View
Territorial
Roof
Composition
Site Features
Electric Car Charging, Fenced-Partially, High Speed Internet
Energy Source
Electric
School District
Bellingham
Total Monthly Income
$8,995
Gross Scheduled Income
$107,940
Vacancy Rate
1
Gross Adjusted Income
$95,314
Tax Year
2026
Insurance Expense
$3,139
Total Expenses
$12,626
Net Operating Income
$95,314
Gross Rent Multiplier
19.41
Cap Rate
5.2
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.
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