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
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%
504 Darby Dr #110 Bellingham, WA 504 Darby Dr #110, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 2 baths \| 1,330 sq.ft.	$365,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 2.19% Airbnb Rental Income: $1792 Traditional Rental Income: $1934 Airbnb ROI: 0.35% Traditional ROI: 2.19%
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%
415 N State St Bellingham, WA 415 N State St, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 1 baths \| 1,000 sq.ft.	$630,000	Airbnb cash on cash: -0.91% Traditional cash on cash: -0.26% Airbnb Rental Income: $1792 Traditional Rental Income: $1682 Airbnb ROI: -0.91% Traditional ROI: -0.26%
600 S State St #101 Bellingham, WA 600 S State St #101, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 2 baths \| 1,740 sq.ft.	$823,000	Airbnb cash on cash: -1.69% Traditional cash on cash: -0.56% Airbnb Rental Income: $1900 Traditional Rental Income: $2261 Airbnb ROI: -1.69% Traditional ROI: -0.56%
901 N Forest St #109 Bellingham, WA 901 N Forest St #109, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 1 baths \| 876 sq.ft.	$398,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.2% Airbnb Rental Income: $1594 Traditional Rental Income: $1469 Airbnb ROI: -0.69% Traditional ROI: 0.2%
1025 Granary Ave #505 Bellingham, WA 1025 Granary Ave #505, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 2 baths \| 1,505 sq.ft.	$800,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 0.31% Airbnb Rental Income: $1801 Traditional Rental Income: $2598 Airbnb ROI: -1.41% Traditional ROI: 0.31%
1025 Granary Ave #408 Bellingham, WA 1025 Granary Ave #408, Bellingham, WA 98225 \| Condo/Coop	1 beds \| 1 baths \| 763 sq.ft.	$555,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.48% Airbnb Rental Income: $1595 Traditional Rental Income: $1771 Airbnb ROI: -0.73% Traditional ROI: 0.48%
1025 Granary Ave #506 Bellingham, WA 1025 Granary Ave #506, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 2 baths \| 1,505 sq.ft.	$800,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 0.32% Airbnb Rental Income: $1801 Traditional Rental Income: $2598 Airbnb ROI: -1.41% Traditional ROI: 0.32%
1025 Granary Ave #306 Bellingham, WA 1025 Granary Ave #306, Bellingham, WA 98225 \| Condo/Coop	1 beds \| 1 baths \| 766 sq.ft.	$535,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.53% Airbnb Rental Income: $1595 Traditional Rental Income: $1753 Airbnb ROI: -0.69% Traditional ROI: 0.53%
1025 Granary Ave #406 Bellingham, WA 1025 Granary Ave #406, Bellingham, WA 98225 \| Condo/Coop	1 beds \| 1 baths \| 763 sq.ft.	$555,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.45% Airbnb Rental Income: $1595 Traditional Rental Income: $1753 Airbnb ROI: -0.73% Traditional ROI: 0.45%
1025 Granary Ave #308 Bellingham, WA 1025 Granary Ave #308, Bellingham, WA 98225 \| Condo/Coop	1 beds \| 1 baths \| 766 sq.ft.	$535,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.53% Airbnb Rental Income: $1595 Traditional Rental Income: $1753 Airbnb ROI: -0.69% Traditional ROI: 0.53%
1025 Granary Ave #407 Bellingham, WA 1025 Granary Ave #407, Bellingham, WA 98225 \| Condo/Coop	1 beds \| 1 baths \| 766 sq.ft.	$555,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 0.44% Airbnb Rental Income: $1595 Traditional Rental Income: $1753 Airbnb ROI: -0.74% Traditional ROI: 0.44%
1025 Granary Ave #501 Bellingham, WA 1025 Granary Ave #501, Bellingham, WA 98225 \| Condo/Coop	3 beds \| 3 baths \| 2,234 sq.ft.	$1,850,000	Airbnb cash on cash: -1.4% Traditional cash on cash: -0.72% Airbnb Rental Income: $2940 Traditional Rental Income: $3433 Airbnb ROI: -1.4% Traditional ROI: -0.72%
1025 Granary Ave #307 Bellingham, WA 1025 Granary Ave #307, Bellingham, WA 98225 \| Condo/Coop	1 beds \| 1 baths \| 762 sq.ft.	$535,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.54% Airbnb Rental Income: $1595 Traditional Rental Income: $1753 Airbnb ROI: -0.69% Traditional ROI: 0.54%
[501] Penthouse Plan Bellingham, WA	3 beds \| 4 baths \| 2,272 sq.ft.	$1,850,000	Airbnb cash on cash: -1.1% Traditional cash on cash: -0.59% Airbnb Rental Income: $2940 Traditional Rental Income: $3145 Airbnb ROI: -1.1% Traditional ROI: -0.59%
[407] 4th Floor, Cityview, 1 Bed Plan Bellingham, WA	1 beds \| 2 baths \| 763 sq.ft.	$555,000	Airbnb cash on cash: -1.24% Traditional cash on cash: -0.37% Airbnb Rental Income: $1595 Traditional Rental Income: $1593 Airbnb ROI: -1.24% Traditional ROI: -0.37%
[503] 5th Floor, Waterview, 2 Bed Plan Bellingham, WA	2 beds \| 3 baths \| 1,571 sq.ft.	$1,260,000	Airbnb cash on cash: -1.5% Traditional cash on cash: -0.57% Airbnb Rental Income: $1801 Traditional Rental Income: $2402 Airbnb ROI: -1.5% Traditional ROI: -0.57%
[506] 5th Floor, Cityview, 2 Bed Plan Bellingham, WA	2 beds \| 3 baths \| 1,502 sq.ft.	$800,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.2% Airbnb Rental Income: $1801 Traditional Rental Income: $2377 Airbnb ROI: -1.23% Traditional ROI: 0.2%
[505] 5th Floor, Cityview, 2 Bed Plan Bellingham, WA	2 beds \| 3 baths \| 1,502 sq.ft.	$800,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.2% Airbnb Rental Income: $1801 Traditional Rental Income: $2377 Airbnb ROI: -1.23% Traditional ROI: 0.2%
[306] 3rd Floor, Cityview, 1 Bed Plan Bellingham, WA	1 beds \| 2 baths \| 763 sq.ft.	$535,000	Airbnb cash on cash: -1.21% Traditional cash on cash: -0.31% Airbnb Rental Income: $1595 Traditional Rental Income: $1593 Airbnb ROI: -1.21% Traditional ROI: -0.31%
[308] 3rd Floor, Cityview, 1 Bed Plan Bellingham, WA	1 beds \| 2 baths \| 763 sq.ft.	$535,000	Airbnb cash on cash: -1.21% Traditional cash on cash: -0.31% Airbnb Rental Income: $1595 Traditional Rental Income: $1593 Airbnb ROI: -1.21% Traditional ROI: -0.31%
[406] 4th Floor, Cityview, 1 Bed Plan Bellingham, WA	1 beds \| 2 baths \| 763 sq.ft.	$555,000	Airbnb cash on cash: -1.24% Traditional cash on cash: -0.37% Airbnb Rental Income: $1595 Traditional Rental Income: $1593 Airbnb ROI: -1.24% Traditional ROI: -0.37%
[307] 3rd Floor, Cityview, 1 Bed Plan Bellingham, WA	1 beds \| 2 baths \| 763 sq.ft.	$535,000	Airbnb cash on cash: -1.21% Traditional cash on cash: -0.31% Airbnb Rental Income: $1595 Traditional Rental Income: $1593 Airbnb ROI: -1.21% Traditional ROI: -0.31%
1310 Railroad Ave Bellingham, WA 1310 Railroad Ave, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$1,375,000	Airbnb cash on cash: -1.27% Traditional cash on cash: -1.5% Airbnb Rental Income: $1412 Traditional Rental Income: $705 Airbnb ROI: -1.27% Traditional ROI: -1.5%
4264 Jones Ln Bellingham, WA 4264 Jones Ln, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$2,000,000	Airbnb cash on cash: -1.48% Traditional cash on cash: -1.63% Airbnb Rental Income: $1431 Traditional Rental Income: $731 Airbnb ROI: -1.48% Traditional ROI: -1.63%
2833 Mcleod Rd Bellingham, WA 2833 Mcleod Rd, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$349,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 0.55% Airbnb Rental Income: $1469 Traditional Rental Income: $918 Airbnb ROI: 0.9% Traditional ROI: 0.55%
0 XXX S State St Bellingham, WA 0 XXX S State St, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$650,000	Airbnb cash on cash: -0.43% Traditional cash on cash: -0.62% Airbnb Rental Income: $1464 Traditional Rental Income: $916 Airbnb ROI: -0.43% Traditional ROI: -0.62%
0 Howard Ave #38-39 Bellingham, WA 0 Howard Ave #38-39, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$349,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 0.62% Airbnb Rental Income: $1469 Traditional Rental Income: $945 Airbnb ROI: 0.89% Traditional ROI: 0.62%
0 Howard Ave #36/37 Bellingham, WA 0 Howard Ave #36/37, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$349,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 0.62% Airbnb Rental Income: $1469 Traditional Rental Income: $945 Airbnb ROI: 0.89% Traditional ROI: 0.62%
3729 Meridian St Bellingham, WA 3729 Meridian St, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$5,360,000	Airbnb cash on cash: -1.79% Traditional cash on cash: -1.8% Airbnb Rental Income: $1469 Traditional Rental Income: $945 Airbnb ROI: -1.79% Traditional ROI: -1.8%
3330 Northwest Ave Bellingham, WA 3330 Northwest Ave, Bellingham, WA 98225 \| Multi Family	N/A beds \| N/A baths \| 17,760 sq.ft.	$4,400,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.78% Airbnb Rental Income: $null Traditional Rental Income: $892 Airbnb ROI: N/A Traditional ROI: -1.78%
417 Arbutus Pl Bellingham, WA 417 Arbutus Pl, Bellingham, WA 98225 \| Other	N/A beds \| N/A baths \| N/A	$995,000	Airbnb cash on cash: -0.77% Traditional cash on cash: -0.32% Airbnb Rental Income: $1677 Traditional Rental Income: $1621 Airbnb ROI: -0.77% Traditional ROI: -0.32%
510 S State St #2 Bellingham, WA 510 S State St #2, Bellingham, WA 98225 \| Condo/Coop	2 beds \| 1 baths \| 1,200 sq.ft.	$699,000	Airbnb cash on cash: -1.17% Traditional cash on cash: -0.75% Airbnb Rental Income: $1900 Traditional Rental Income: $1670 Airbnb ROI: -1.17% Traditional ROI: -0.75%

Real Estate investment in Bellingham, WA

There are 297 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 February 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 297 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

119 N SAMISH Way #30

Bellingham, WA

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%

504 Darby Dr #110

Bellingham, WA

2 beds | 2 baths | 1,330 sq.ft.

$365,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $1792

Traditional Rental Income: $1934

Airbnb ROI: 0.35%

Traditional ROI: 2.19%

1031 N State St #107

Bellingham, WA

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%

415 N State St

Bellingham, WA

2 beds | 1 baths | 1,000 sq.ft.

$630,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: -0.26%

Airbnb Rental Income: $1792

Traditional Rental Income: $1682

Airbnb ROI: -0.91%

Traditional ROI: -0.26%

600 S State St #101

Bellingham, WA

2 beds | 2 baths | 1,740 sq.ft.

$823,000

Airbnb cash on cash: -1.69%

Traditional cash on cash: -0.56%

Airbnb Rental Income: $1900

Traditional Rental Income: $2261

Airbnb ROI: -1.69%

Traditional ROI: -0.56%

901 N Forest St #109

Bellingham, WA

2 beds | 1 baths | 876 sq.ft.

$398,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 0.2%

Airbnb Rental Income: $1594

Traditional Rental Income: $1469

Airbnb ROI: -0.69%

Traditional ROI: 0.2%

1025 Granary Ave #505

Bellingham, WA

2 beds | 2 baths | 1,505 sq.ft.

$800,000

Airbnb cash on cash: -1.41%

Traditional cash on cash: 0.31%

Airbnb Rental Income: $1801

Traditional Rental Income: $2598

Airbnb ROI: -1.41%

Traditional ROI: 0.31%

1025 Granary Ave #408

Bellingham, WA

1 beds | 1 baths | 763 sq.ft.

$555,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $1595

Traditional Rental Income: $1771

Airbnb ROI: -0.73%