Motivated Seller! 7% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.
Active
Listed by: Windermere RE Whatcom, Inc.
$2,400,000
4777 Guide Meridian, Bellingham, WA 98226
8beds
4baths
12,255sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$196/sqft
$-- HOA
What's special
- 143 days |
- 336 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: December 15, 2025 at 02:22pm
Listed by:
Robert Sandoz,
Windermere RE Whatcom, Inc.,
Lorrie M. Dujmovich,
Windermere RE Whatcom, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2449593
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Heat Pump, Electric, Propane
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 12,255
- Total interior livable area: 12,255 sqft
Property
Parking
- Total spaces: 2
- Parking features: RV Parking
- Covered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 9.6 Acres
- Dimensions: 331 x 1272
- Features: Paved, Value In Land, Deck, Outbuildings, Propane, RV Parking, Shop
Details
- Parcel number: 3802014683840002
- Zoning description: Industrial,Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl, Stucco, Wood Siding
- Foundation: Slab
- Roof: Composition,Metal
Condition
- Average
- Year built: 1973
- Major remodel year: 1976
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Private, Company: Deer Creek
- Utilities for property: Ziply Fiber
Community & HOA
Community
- Subdivision: Cordata
Location
- Region: Bellingham
Financial & listing details
- Price per square foot: $196/sqft
- Annual tax amount: $13,968
- Date on market: 10/30/2025
- Cumulative days on market: 145 days
- Listing terms: Cash Out,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,989/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Price change | $2,400,000-11.1%$196/sqft |
Source:  NWMLS as distributed by MLS GRID #2449593 Report a problem | ||
| 10/31/2025 | Listed for sale | $2,700,000$220/sqft |
Source: NWMLS as distributed by MLS GRID #2449593 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$13,504/mo
Principal & interest
$12104
Property taxes
$1400
More affordability tools
Climate risks
Neighborhood: Meridian
Getting around
27 / 100
Some TransitNearby schools
GreatSchools rating
- 6/10Irene Reither Primary SchoolGrades: PK-5Distance: 4.1 mi
- 7/10Meridian Middle SchoolGrades: 6-8Distance: 4.2 mi
- 5/10Meridian High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Irene Reither Primar
- Middle: Meridian Mid
- High: Meridian High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 98226
- Washington
- Whatcom County
- Bellingham
- 98226
- Meridian
- 4777 Guide Meridian
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