2625 Maplewood Avenue, Bellingham, WA 98225 (MLS # 2500339)

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Listing provided courtesy of Northwest MLS; Coldwell Banker Bain

PRICE $2,200,000
BEDS 0
BATHS 0
HOME SIZE 1,596 sqft
LOT SIZE 31,799 sqft
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Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This diversified setup provides multiple income streams while allowing for continued upside through rent adjustments or operational efficiencies. With low expenses and consistent cash flow, this is an ideal asset for investors seeking stability and long-term growth. Located in a high-demand area with limited affordable housing supply, the property benefits from strong occupancy trends and continued appreciation potential. Bellingham's thriving economy, proximity to major employment hubs, and quality of life make this a highly attractive rental market. Whether you're expanding your portfolio or entering the mobile home park space, this investment offers both immediate income and future upside.

LAST UPDATED 4/1/2026 TRACT Birchwood
YEAR BUILT 1974 COMMUNITY Birchwood
COUNTY Whatcom STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR CONDITIONING Yes
AREA 860 - Bellingham
CONSTRUCTION Metal Siding, Vinyl Siding, Wood Siding
HEAT Electric, Forced Air
LOT 0.73 acre(s)
MLS STATUS Active
STORIES 10
STYLE 56 - 10+ Units
SUBDIVISION Birchwood
TAXES 9462
UTILITIES Sewer Connected
WATER Public
ZONING Commercial,Multi-Family

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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 4/1/26 11:17 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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