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Price Drop: $150K (09/29)
No HOA
Street View
Listed by: Jonathan D. Bye (206) 400-7586 | John L. Scott, Inc (253) 852-9200
$2,100,000
Monthly Est:$10,452
20 Beds
16 Baths
11,180sqft
201 N Commercial St, Bellingham, WA 98225
$2,100,000
$10,452/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
6,534 sqft lot
$188/sq.ft
Description
Welcome to the Avalon! An appealing multifamily investment opportunity located at 201 N Commercial Street in Bellingham, Washington. Originally built between 1900 and 1906, the property is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The property unit mix consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been repainted over time. Some units have been upgraded with baseboard heat, and all units have radiator heat served by a steam boiler in the basement. There is no known knob-and-tube wiring, and Square D electrical panels supply electricity to the units. Supply lines have been replaced with pex plumbing in nearly all units. The Avalon offers excellent price-per-pound metrics of $140,625 per unit and $201 per foot, not including the large basement. The Avalon provides an excellent, risk-adjusted income stream with room for growth in the long term.
- Houzeo last checked: 12 hours ago
- Listing updated: September 29, 2026 at 7:53 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2553317
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
11,180 sqft
Lot Size
6,534 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2553317
MLS Status
Pending Feasibility
Days on Market
83
Cumulative Days on Market
79
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 16
Interior
Flooring
Laminate, Softwood, Vinyl
Exterior Features
Wood, Wood Products
Sewer
Sewer Connected
Heating
Radiator, Recirculation Pump
Cooling
None
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Roof
Torch Down
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Subdivision Name
Bellingham
Price History
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Pending | $2,100,000 $188/sqft |
07/11/2026 Source: | Listed for Sale | $2,100,000 -6.67% $188/sqft |
07/11/2026 Source: | Price Increased | $2,250,000 +18.42% $201/sqft |
04/13/2017 Source: | Sold | $1,900,000 $170/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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