2424 Orleans Street, Bellingham, WA 98229

$759,900
1,824
SqFt

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Listing courtesy of eXp Realty.

List Price
$759,900
Status
ACTIVE
MLS#
2482385
Price Change
▼ $30,000 1780378824
Days on Market
158
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
1,824
Lot Size (sq ft)
4,792

Property Description

"Investment opportunity! This DUPLEX is located in the heart of Bellingham; only a few blocks from Trader Joe's and a short 5 minute drive to downtown. Each unit boasts an open layout with 2 bedrooms & 2 bathrooms. Each has all appliances including washer/dryer, 4 off street parking spaces and detached storage sheds. Upstairs unit recently (December 2025) underwent full renovation including new vinyl plank flooring, interior paint, electrical switches/receptacles, smoke alarms/CO detectors, interior light fixtures, toilets, range hood, refrigerator, resealed showers, interior/exterior door handles. Downstairs unit has laminate flooring and all new appliances. Exterior was fully renovated in the last 5 years to include a 50 yr metal roof, James Hardie board siding with paint, all exterior windows replaced, fence and deck built! Units are occupied and rented."About a $100,000 or more in updates!

Additional Information

List Date
2026-02-18 23:13:11
Community
Roosevelt
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1994
View
Territorial
Roof
Metal
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$44,400
Gross Scheduled Income
$49,200
Gross Adjusted Income
$49,200
Tax Year
2025
Insurance Expense
$833
W/S/G Expenses
$2,287
Total Expenses
$8,289
Net Operating Income
$40,911
Gross Rent Multiplier
16.86
Cap Rate
4.92

Mortgage Calculator

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Calculator source: Real Geeks

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.