Real Estate Investment Properties for Sale in Bellingham, WA

Looking for investment property in Bellingham, WA with high ROI ?

Explore a variety of short-term homes & houses in Bellingham, WA. Invest wisely with VRBO & Bellingham, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Bellingham, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
924 N Garden St #201 Bellingham, WA Water view condo looking over Bellingham Bay close to everything! Great room opens to balc...	2 beds \| 1 baths \| 1,006 sq.ft.	$529,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.48% Airbnb Rental Income: $1594 Traditional Rental Income: $1916 Airbnb ROI: -0.09% Traditional ROI: 1.48%
2413 E Sunset Dr Bellingham, WA Buy this foreclosure deal the right way. Jump on this HOT deal. Based on the data provided...	N/A beds \| N/A baths \| 1,185 sq.ft.	$995,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 0.07% Airbnb Rental Income: $1301 Traditional Rental Income: $1244 Airbnb ROI: -0.3% Traditional ROI: 0.07%
1464 Greenville Drive Bellingham, WA An incredible 3 Bedroom, 2 Bathroom Bellingham find â Completely remodeled and move-in r...	3 beds \| 2 baths \| 1,264 sq.ft.	$615,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.16% Airbnb Rental Income: $1903 Traditional Rental Income: $2463 Airbnb ROI: 0.3% Traditional ROI: 2.16%
404 Willow Road Pl Bellingham, WA 404 Willow Road Pl, Bellingham, WA 98226 \| Single Family Residential	6 beds \| 4 baths \| 3,894 sq.ft.	$1,792,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.95% Airbnb Rental Income: $null Traditional Rental Income: $4963 Airbnb ROI: N/A Traditional ROI: 0.95%
402 Willow Road Pl Bellingham, WA 402 Willow Road Pl, Bellingham, WA 98226 \| Single Family Residential	4 beds \| 3 baths \| 3,403 sq.ft.	$1,692,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.32% Airbnb Rental Income: $null Traditional Rental Income: $3701 Airbnb ROI: N/A Traditional ROI: 0.32%
711 Poplar Dr Bellingham, WA 711 Poplar Dr, Bellingham, WA 98226 \| Single Family Residential	4 beds \| 4 baths \| 3,552 sq.ft.	$1,892,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.4% Airbnb Rental Income: $null Traditional Rental Income: $6023 Airbnb ROI: N/A Traditional ROI: 1.4%
3324 Stonecrop Way Bellingham, WA 3324 Stonecrop Way, Bellingham, WA 98226 \| Single Family Residential	4 beds \| 3 baths \| 2,574 sq.ft.	$1,852,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.04% Airbnb Rental Income: $null Traditional Rental Income: $3563 Airbnb ROI: N/A Traditional ROI: 0.04%
1110 Divine Ln Bellingham, WA 1110 Divine Ln, Bellingham, WA 98229 \| Single Family Residential	3 beds \| 2 baths \| 1,859 sq.ft.	$1,050,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 0.85% Airbnb Rental Income: $2520 Traditional Rental Income: $2852 Airbnb ROI: -0.11% Traditional ROI: 0.85%
505 Clover Ln Bellingham, WA 505 Clover Ln, Bellingham, WA 98226 \| Condo/Coop	2 beds \| 1 baths \| 1,156 sq.ft.	$359,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.29% Airbnb Rental Income: $1792 Traditional Rental Income: $1732 Airbnb ROI: 0.09% Traditional ROI: 1.29%
4000 Flynn St #131 Bellingham, WA 4000 Flynn St #131, Bellingham, WA 98229 \| Manufactured Home	3 beds \| 2 baths \| 900 sq.ft.	$200,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.75% Airbnb Rental Income: $1239 Traditional Rental Income: $1937 Airbnb ROI: 1.99% Traditional ROI: 7.75%
504 E Smith Rd Bellingham, WA 504 E Smith Rd, Bellingham, WA 98226 \| Single Family Residential	4 beds \| 1 baths \| 1,542 sq.ft.	$2,275,000	Airbnb cash on cash: -0.07% Traditional cash on cash: -1.11% Airbnb Rental Income: $5155 Traditional Rental Income: $1923 Airbnb ROI: -0.07% Traditional ROI: -1.11%
1368 Talus Way Bellingham, WA 1368 Talus Way, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 2 baths \| 1,646 sq.ft.	$579,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 2.3% Airbnb Rental Income: $2798 Traditional Rental Income: $2633 Airbnb ROI: 1.39% Traditional ROI: 2.3%
1366 Talus Way Bellingham, WA 1366 Talus Way, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 2 baths \| 1,646 sq.ft.	$589,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 1.96% Airbnb Rental Income: $2798 Traditional Rental Income: $2540 Airbnb ROI: 1.24% Traditional ROI: 1.96%
409 Kentucky St Bellingham, WA The Sunnyland charmer you've been waiting for! This light & bright single level craftsman ...	3 beds \| 2 baths \| 1,242 sq.ft.	$685,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.29% Airbnb Rental Income: $2181 Traditional Rental Income: $1863 Airbnb ROI: 0.9% Traditional ROI: 1.29%
1100 E Illinois St Bellingham, WA 1100 E Illinois St, Bellingham, WA 98226 \| Multi Family	6 beds \| N/A baths \| 3,058 sq.ft.	$1,095,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $3604 Airbnb ROI: N/A Traditional ROI: 1.47%
5010 Festival Blvd #1B Bellingham, WA 5010 Festival Blvd #1B, Bellingham, WA 98226 \| Condo/Coop	2 beds \| 2 baths \| 1,078 sq.ft.	$439,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.74% Airbnb Rental Income: $1792 Traditional Rental Income: $1932 Airbnb ROI: -0.64% Traditional ROI: 0.74%
1985 Alpine Way #12 Bellingham, WA 1985 Alpine Way #12, Bellingham, WA 98226 \| Condo/Coop	N/A beds \| N/A baths \| 2,400 sq.ft.	$399,950	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.67% Airbnb Rental Income: $1301 Traditional Rental Income: $2020 Airbnb ROI: -0.33% Traditional ROI: 2.67%
259 W Bakerview Rd #C102 Bellingham, WA 259 W Bakerview Rd #C102, Bellingham, WA 98226 \| Condo/Coop	2 beds \| 2 baths \| 1,033 sq.ft.	$350,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.88% Airbnb Rental Income: $1832 Traditional Rental Income: $2181 Airbnb ROI: 0.32% Traditional ROI: 2.88%
683 (Lot 2) Venture Way Bellingham, WA 683 (Lot 2) Venture Way, Bellingham, WA 98226 \| Townhouse	2 beds \| 1 baths \| 999 sq.ft.	$424,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 1.99% Airbnb Rental Income: $1792 Traditional Rental Income: $1819 Airbnb ROI: 0.69% Traditional ROI: 1.99%
4304 Creston Way Bellingham, WA 4304 Creston Way, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 2 baths \| 1,549 sq.ft.	$749,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 1.38% Airbnb Rental Income: $2819 Traditional Rental Income: $2440 Airbnb ROI: 0.98% Traditional ROI: 1.38%
119 Ashley Ave Bellingham, WA 119 Ashley Ave, Bellingham, WA 98229 \| Single Family Residential	5 beds \| 5 baths \| 2,111 sq.ft.	$1,012,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.78% Airbnb Rental Income: $null Traditional Rental Income: $3631 Airbnb ROI: N/A Traditional ROI: 1.78%
119 N SAMISH Way #30 Bellingham, WA 119 N SAMISH Way #30, Bellingham, WA 98225 \| Manufactured Home	2 beds \| 1 baths \| 470 sq.ft.	$97,000	Airbnb cash on cash: 9.12% Traditional cash on cash: 9.8% Airbnb Rental Income: $1594 Traditional Rental Income: $1204 Airbnb ROI: 9.12% Traditional ROI: 9.8%
1322 St Paul Bellingham, WA 1322 St Paul, Bellingham, WA 98226 \| Single Family Residential	15 beds \| 9 baths \| 1,500 sq.ft.	$6,192,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.46% Airbnb Rental Income: $null Traditional Rental Income: $3068 Airbnb ROI: N/A Traditional ROI: -1.46%
620 Telegraph Rd Bellingham, WA 620 Telegraph Rd, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 1 baths \| 1,452 sq.ft.	$900,000	Airbnb cash on cash: 0.49% Traditional cash on cash: -0.01% Airbnb Rental Income: $2819 Traditional Rental Income: $1735 Airbnb ROI: 0.49% Traditional ROI: -0.01%
550 (Lot 6) Northview St Bellingham, WA 550 (Lot 6) Northview St, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 3 baths \| 1,601 sq.ft.	$674,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.01% Airbnb Rental Income: $2798 Traditional Rental Income: $2707 Airbnb ROI: 1.12% Traditional ROI: 2.01%
500 Darby Dr #209 Bellingham, WA 500 Darby Dr #209, Bellingham, WA 98226 \| Condo/Coop	1 beds \| 1 baths \| 980 sq.ft.	$329,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.38% Airbnb Rental Income: $1615 Traditional Rental Income: $1717 Airbnb ROI: 0.57% Traditional ROI: 2.38%
1109 Divine Ln Bellingham, WA 1109 Divine Ln, Bellingham, WA 98229 \| Townhouse	3 beds \| 3 baths \| 1,461 sq.ft.	$765,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 1.42% Airbnb Rental Income: $2520 Traditional Rental Income: $2511 Airbnb ROI: 0.58% Traditional ROI: 1.42%
3159 Chandler Pkwy Bellingham, WA 3159 Chandler Pkwy, Bellingham, WA 98226 \| Single Family Residential	4 beds \| 3 baths \| 3,657 sq.ft.	$1,899,950	Airbnb cash on cash: N/A Traditional cash on cash: 0.05% Airbnb Rental Income: $null Traditional Rental Income: $3860 Airbnb ROI: N/A Traditional ROI: 0.05%
4268 Creston Way Bellingham, WA 4268 Creston Way, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 2 baths \| 2,122 sq.ft.	$785,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 1.78% Airbnb Rental Income: $2819 Traditional Rental Income: $2923 Airbnb ROI: 0.77% Traditional ROI: 1.78%
2312 Orleans St Bellingham, WA 2312 Orleans St, Bellingham, WA 98229 \| Multi Family	7 beds \| N/A baths \| 3,456 sq.ft.	$1,099,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 0.38% Airbnb Rental Income: $1403 Traditional Rental Income: $2504 Airbnb ROI: -1.11% Traditional ROI: 0.38%
544 (Lot 8) Northview St Bellingham, WA 544 (Lot 8) Northview St, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 2 baths \| 1,767 sq.ft.	$689,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 1.81% Airbnb Rental Income: $2798 Traditional Rental Income: $2635 Airbnb ROI: 1.05% Traditional ROI: 1.81%
6037 Old Guide Rd Bellingham, WA 6037 Old Guide Rd, Bellingham, WA 98226 \| Single Family Residential	2 beds \| 1 baths \| 1,324 sq.ft.	$999,000	Airbnb cash on cash: -0.67% Traditional cash on cash: -0.28% Airbnb Rental Income: $1792 Traditional Rental Income: $1664 Airbnb ROI: -0.67% Traditional ROI: -0.28%
2 Marigold Dr #36 Bellingham, WA 2 Marigold Dr #36, Bellingham, WA 98229 \| Condo/Coop	N/A beds \| 1 baths \| 460 sq.ft.	$269,500	Airbnb cash on cash: -1.09% Traditional cash on cash: 0.51% Airbnb Rental Income: $1001 Traditional Rental Income: $1053 Airbnb ROI: -1.09% Traditional ROI: 0.51%
4302 Creston Way Bellingham, WA 4302 Creston Way, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 2 baths \| 1,906 sq.ft.	$814,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 1.63% Airbnb Rental Income: $2819 Traditional Rental Income: $2831 Airbnb ROI: 0.75% Traditional ROI: 1.63%
1031 N State St #107 Bellingham, WA 1031 N State St #107, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 1 baths \| 754 sq.ft.	$339,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 1.63% Airbnb Rental Income: $1801 Traditional Rental Income: $1562 Airbnb ROI: 0.85% Traditional ROI: 1.63%
246 Prince Ave #202 Bellingham, WA 246 Prince Ave #202, Bellingham, WA 98226 \| Condo/Coop	2 beds \| 2 baths \| 1,493 sq.ft.	$400,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.36% Airbnb Rental Income: $1832 Traditional Rental Income: $2205 Airbnb ROI: 0.05% Traditional ROI: 2.36%
316 W Lake Samish Dr #35 Bellingham, WA 316 W Lake Samish Dr #35, Bellingham, WA 98229 \| Manufactured Home	1 beds \| 1 baths \| 760 sq.ft.	$429,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.64% Airbnb Rental Income: $1464 Traditional Rental Income: $1546 Airbnb ROI: 0.36% Traditional ROI: 1.64%
259 W Bakerview Rd #C203 Bellingham, WA 259 W Bakerview Rd #C203, Bellingham, WA 98226 \| Condo/Coop	2 beds \| 2 baths \| 1,091 sq.ft.	$340,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.95% Airbnb Rental Income: $1832 Traditional Rental Income: $2185 Airbnb ROI: 0.3% Traditional ROI: 2.95%
570 Creston Ct Bellingham, WA 570 Creston Ct, Bellingham, WA 98226 \| Single Family Residential	3 beds \| 2 baths \| 1,688 sq.ft.	$789,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 1.36% Airbnb Rental Income: $2819 Traditional Rental Income: $2546 Airbnb ROI: 0.84% Traditional ROI: 1.36%

Real Estate investment in Bellingham, WA

There are 206 properties for sale in the city of Bellingham . The median list price in Bellingham is $555,000 and the average price per square foot is $363. In March 2026, the average monthly cash on cash return in Bellingham is 1.00%. The average monthly rental income in Bellingham is $1,916.

Bellingham, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 206 investment properties available for sale in Bellingham.

In 2026, the best neighborhood to buy investment property is Samish Hill.

The ROI for Short-Term is higher than the Long-Term in Bellingham with average rental income of $1,792.

Your search for investment property begins and ends here

Investment Property for Sale in Bellingham, WA

924 N Garden St #201

Bellingham, WA

2 beds | 1 baths | 1,006 sq.ft.

$529,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $1594

Traditional Rental Income: $1916

Airbnb ROI: -0.09%

Traditional ROI: 1.48%

2413 E Sunset Dr

Bellingham, WA

N/A beds | N/A baths | 1,185 sq.ft.

$995,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 0.07%

Airbnb Rental Income: $1301

Traditional Rental Income: $1244

Airbnb ROI: -0.3%

Traditional ROI: 0.07%

1464 Greenville Drive

Bellingham, WA

3 beds | 2 baths | 1,264 sq.ft.

$615,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $1903

Traditional Rental Income: $2463

Airbnb ROI: 0.3%

Traditional ROI: 2.16%

404 Willow Road Pl

Bellingham, WA

6 beds | 4 baths | 3,894 sq.ft.

$1,792,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.95%

Airbnb Rental Income: $null

Traditional Rental Income: $4963

Airbnb ROI: N/A

Traditional ROI: 0.95%

402 Willow Road Pl

Bellingham, WA

4 beds | 3 baths | 3,403 sq.ft.

$1,692,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.32%

Airbnb Rental Income: $null

Traditional Rental Income: $3701

Airbnb ROI: N/A

Traditional ROI: 0.32%

711 Poplar Dr

Bellingham, WA

4 beds | 4 baths | 3,552 sq.ft.

$1,892,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.4%

Airbnb Rental Income: $null

Traditional Rental Income: $6023

Airbnb ROI: N/A

Traditional ROI: 1.4%

3324 Stonecrop Way

Bellingham, WA

4 beds | 3 baths | 2,574 sq.ft.

$1,852,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3563

Airbnb ROI: N/A

Traditional ROI: 0.04%

1110 Divine Ln

Bellingham, WA

3 beds | 2 baths | 1,859 sq.ft.

$1,050,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $2520

Traditional Rental Income: $2852

Airbnb ROI: -0.11%