631 N forest Street Bellingham, WA 98225
631 N forest Street
Bellingham, WA 98225
$1,200,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: South Hill
4-Plex
View: Bay
High Speed Internet
Exterior: Wood
Roof:
Year Built: 1908
2026 Taxes: $8845.00
Buyer Broker Comp.: 1%
Listing #: 2540060
Lot Details
Lot Size: 0.28 acres
Curbs
Paved
Sidewalk
Value In Land
No. of Units: 4
Interior
Cooling: Insert
Heating: Baseboard
Electric
Schools
District: Bellingham
Call or Email:
Grace Wamwere
What's Near 631 N forest Street Bellingham, WA 98225?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Hansen Group Real Estate Inc
