Sehome, Bellingham WA

Sehome Hill real estate makes up a large portion of the Sehome Neighborhood’s residential foundation; rising 650 feet from Bellingham Bay the top of the hill remains undeveloped. Sehome Hill is owned by WWU and the City of Bellingham, who have dedicated the area to preserve plant species.

The Sehome Neighborhood is one of the oldest in Bellingham, once formerly the Town of Sehome it is now a large part of the history of Bellingham. Many of the homes in Sehome are architecturally historic with grand landscaping to match the outstanding views. Population in the Sehome Neighborhood is one of the largest in Bellingham; almost 90% of the area is developed. Homes in this location are highly sought after due to their excellent architecture.

Homes & Condos in Sehome

Many of the multi-family residences consist of 3 units or less, mainly centered around Western Washington University. Many of the large homes have been converted to apartment complexes that have a character of their own.

Newest Sehome Homes for Sale

$5,800,000

2059496 MLS ⋅ ACTIVE Status

The Alamo Apartments is a 44-unit market-rate multifamily asset situated on .16 acres off I-5 on E Maple St in Bellingham. The asset is one block from Bellingham's CBD and is listed for the first time since development. The Pro Forma income stream post-renovation is projected to yield a total annual return of nearly 10%. Located in the hub of all Bellingham has to offer, residents enjoy an efficient and affordable living situation without sacrificing location. The property has an estimated upside of $407/mo per unit in rents, $93/mo upside in RUBS and other fees, and received a “Walker’s Paradise” notation and a walk score of 94. The sale also includes the adjacent parcel to the North (vacant) (see additional taxID 3803311985410000)

421 E Maple Street, Bellingham

Listing courtesy of Lee & Associates Commercial RE.

$13,000

2030350 MLS ⋅ ACTIVE Status

Amazing opportunity to own an established business in a busy south side location near WWU. Purchase price reflects asset sale which includes equipment, products, and fixtures that are worth over $20K. For the right buyer to take this business to next level! Keep the tanning salon or take over the lease and turn it into your dream business.

322 36th Street, Bellingham

Listing courtesy of Keller Williams Western Realty.

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