Condo Investment Properties for Sale in Bellingham, WA
456- - Bed
- 1 Bath
- 460 sft
58- 2 Bed
- 2 Bath
- 1200 sft
917- - Bed
- - Bath
- 1610 sft
775- - Bed
- - Bath
- 1250 sft
Why Invest in Bellingham, Washington?
Bellingham's condo market offers strategic opportunities in a quality-of-life destination attracting regional migration from Seattle and Portland. The market is transitioning from a tight seller's environment to a more balanced landscape, with inventory constraints supporting valuations. Condos benefit from strong local demand, proximity to outdoor recreation, and a vibrant community. With median prices around $750,000 and appreciation holding steady at 0.4–0.5% annually, condos represent a stable entry point for investors seeking long-term appreciation with lower maintenance overhead than single-family homes.
Frequently Asked Questions
Bellingham condos average a rental yield of 3.8–4.0%, with cap rates around 4.5%. Strong demand from university students, remote workers, and relocating professionals supports consistent rental income. Median rents for condos range from $2,200–$2,600 depending on location and amenities.
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