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Provided by NWMLS, listed by Windermere RE Whatcom, Inc.
5,372 sqft

$1,500,000

351 Martin Street, Blaine WA, 98230

Price per sqft$279.23
Built in2024
Property size5,372 sqft
Property typeMulti-family

Overview

Active

Updated 20h ago

Rare Whatcom County investment opportunity! This fully occupied 4-plex at 351 Martin Street in beautiful Blaine, WA currently generates $9,050 in total monthly rent. Four spacious townhome-style units each offer 3 bedrooms, 2.5 baths and 1,306 sq ft over 3 levels. Every unit has its own 3rd-level deck with sweeping views, a standout feature that draws quality tenants and supports strong rents.The open-concept main floor connects the kitchen, living and dining areas. The kitchen has an island with room for bar stools, quartz countertops, modern flat-panel cabinets and stainless appliances. LVP flooring on the main level, carpet in the bedrooms, in-unit washer/dryer and ductless mini-split heating and cooling keep units comfortable, efficient and easy to manage.Location drives demand: minutes to the Peace Arch and Pacific Highway border crossings, quick I-5 access, and close to the shops, restaurants, marina and waterfront of downtown Blaine. Easy commutes to Birch Bay, Ferndale, Lynden and Bellingham.Turnkey cash flow from day one. Whether you’re adding to your portfolio, doing a 1031 exchange or buying your first multifamily income property, this fourplex is a smart addition to any Whatcom County rental portfolio. Investors searching for multi-family, apartment or income property in Blaine, Bellingham, Ferndale, Lynden or Birch Bay won’t want to miss this one.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2603122

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$8,467
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
Listing Broker: Windermere RE Whatcom, Inc.; Brandi Coplen; 360-201-3951; [email protected]
MLS provider logo

Provided by NWMLS, Listed by Brandi Coplen, 360-201-3951 at Windermere RE Whatcom, Inc.

 

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/14/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/14/2026 at 9:30 PM UTC . 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.

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Data last updated on 11/14/2026 at 9:30 PM UTC 

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