631 N forest Street, Bellingham, WA 98225 (MLS # 2540060)

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Listing provided courtesy of Northwest MLS; Hansen Group Real Estate Inc

PRICE $1,200,000
BEDS 0
BATHS 0
HOME SIZE 3,665 sqft
LOT SIZE 12,054 sqft
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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.

LAST UPDATED 6/18/2026 TRACT South Hill
YEAR BUILT 1908 COMMUNITY South Hill
COUNTY Whatcom STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR CONDITIONING Yes
AREA 860 - Bellingham
BASEMENT Yes
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
LOT 0.2767 acre(s)
LOT DESCRIPTION Curbs, Paved, Sidewalk, Value In Land
MLS STATUS Active
STORIES 3
STYLE 54 - 4-Plex
SUBDIVISION South Hill
TAXES 8845
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Bay
WATER Public

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/18/26 11:38 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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