631 N Forest St

Bellingham, WA 98225
  • $1,200,000

    Price
  • 7

    Bed
  • 5

    Bath
  • 4,015

    SqFt

About the Listing 6503 - 91469

Rare Sehome Hill investment and development opportunity! Situated on a 12,056 sq. ft. lot with stunning bay and city views, this property features an existing triplex plus a detached carriage house just two blocks from WWU. Remodeled carriage house in 2025 which offers 2 bedrooms, 2 bathrooms, private laundry, and dedicated parking below. Triplex features three units full of timeless character, including original fir floors and shared laundry, with a strong rental history and consistent demand due to its prime location. Five total designated parking spaces provide added convenience for tenants. True value lies in the land. Zoned High Density with no maximum unit count, this property offers incredible infill development potential. Retain the existing income-producing structures while adding additional units or explore redevelopment options to maximize the site's density and breathtaking views. Located near Forest & Cedar Park, downtown Bellingham, and Western Washington University, opportunities like this are increasingly rare. Buyer to verify all development potential and zoning requirements. Don't miss your chance to own a premier investment property in one of Bellingham's most sought-after neighborhoods.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 2540060
Year Built 1908
Total Square Footage 4,015
Lot/Acreage 0.28
County Whatcom
Neighborhood South Hill
School District Bellingham

Interior Details

  • Bedrooms: 7
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Insert
  • Heating: Baseboard
  • Fireplaces: 0
  • Floor: Softwood,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Bellingham

Exterior Details

  • Lot Description: Curbs,Paved,Sidewalk,Value In Land,High Speed Internet
  • Garage Capacity: N/A
  • Parking Spaces: 9
  • Roof: Shake
  • Others: Wood
  • Sewer: City of Bellingham

Financial Details

  • Tax Amount: $8,845
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 380331012397
  • Tax Year: 2026

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631 N Forest St Bellingham, WA 98225

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Originating MLS: nwmls

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