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Fairhaven Multi Family Redevelopment Site 1302 Larrabee Ave 1 Unit Apartment Building $785,000 ($785,000/Unit) Bellingham, WA 98225

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EXECUTIVE SUMMARY

This property offers excellent versatility with multiple possibilities: redevelopment potential, live-in investment, or rental income (short-term rentals are permitted) in sought-after Fairhaven. Short walking distance to all of Fairhaven's attractions and easy I-5 access via Old Fairhaven Parkway. The 644-square-foot home sits on a generous 5,662-square-foot lot in the Residential Transition-4 zone of Fairhaven Urban Village. Previously approved plans available from 2017 for a mixed-use commercial/residential building (Buyer to verify all uses).

ATTACHMENTS

Larrabee_OM

PROPERTY FACTS

Price $785,000
Price Per Unit $785,000
Sale Type Investment
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 0.13 AC
Building Size 644 SF
No. Stories 1
Year Built 1916
Zoning UV- RT4 - https://bellingham.municipal.codes/BMC/20.37.320

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Storage Space
  • Smoke Detector
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37592038

  • Date on Market: 9/8/2025

  • Last Updated:

  • Address: 1302 Larrabee Ave, Bellingham, WA 98225

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