Browse apartment buildings for sale across Whatcom County. This page highlights updated multifamily listings.
Multi Family Properties –
” sortBy=”ds” resultsPerPage=”12″ header=”true” includeMap=”false” status=”active”]Market Overview – Whatcom Multi-family
Based on the latest Whatcom County commercial real estate report:
- Sales Volume: Countywide multifamily sales climbed alongside Washington’s +60% YOY increase.
- Vacancy Rates: Remain below 2%, with Bellingham’s average around 1.0% and even lower near Western Washington University.
- Rents: Continue to rise, supported by strong tenant demand and limited new supply.
- Cap Rates: Stable compared to statewide fluctuations, keeping investment activity steady.
- Outlook: Student housing and new construction projects continue to drive absorption into 2026.
Apartment Property Types in Whatcom County
- Student Housing (WWU) – Driven by Western Washington University’s enrollment, with steady demand for off-campus housing.
- Market Rate Apartments – Downtown and suburban apartments serving professionals and families.
Nearby Apartment Buildings For Sale
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If you make the right moves, multifamily investing can be highly
profitable. Especially with the single family housing shortage creating
a greater need for multi- family housing options.
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