1954 Eaton Avenue #1-3, Ferndale, WA 98248
Local realty services provided by:Imagine Realty ERA Powered
Listed by: carissa conour
Office: re/max whatcom county, inc.
MLS#:2483272
Source:NWMLS
1954 Eaton Avenue #1-3,Ferndale, WA 98248
$590,000
- 5 Beds
- 3 Baths
- 2,262 sq. ft.
- Single family
- Active
Price summary
- Price:$590,000
- Price per sq. ft.:$260.83
About this home
Mixed Use (MXD) zoned multifamily opportunity in Ferndale offering current rental income with future development potential. Located minutes from schools, parks, and downtown amenities, this tri-plex offers immediate rental income with future development potential. The property is situated on a Non-Conforming, Mixed Use Commercial (MXD) zoned 16,117 sqft lot and is not located in a flood zone. The site includes a 1964-built rambler duplex (1,560 sq ft total) with two fully rented 2-bedroom, 1-bath units (780 sq ft each) with recently completed improved updates and repairs. A separate single-story 1-bedroom, 1-bath home (702 sq ft) is also located on the property and is currently slated for rehabilitation or possible removal. MXD zoning may allow additional development potential, including the possibility of adding an ADU or additional units (buyer to verify with City of Ferndale). Tenants benefit from three covered parking spaces with additional storage. Tenants pay garbage, electricity, and natural gas. Owner currently pays water, sewer, and yard care. Strong existing tenants provide stable income from day one....
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Home facts
- Year built:1964
- Listing ID #:2483272
- Updated:March 20, 2026 at 12:25 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate, Vinyl Floor
- Kitchen Description:Refrigerator
- Bedroom Description:Main Level Bedrooms : 5
- Basement:Yes
- Living area:2,262 sq. ft.
Heating and cooling
- Heating:90%+ High Efficiency, Forced Air, High Efficiency (Unspecified)
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:2,262 sq. ft.
- Lot area:0.37 Acres
- Lot Features:Corner
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Partially
- Foundation Description:None
- Levels:1 Story
Schools
- High school:Ferndale High
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$590,000
- Price per sq. ft.:$260.83
- Tax amount:$4,115 (2026)
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cable TV, Gas Available, High Speed Internet, Water Heater
Parking
- Total parking spaces:3
- Parking description:Attached Carport, Driveway, Off Street Parking, RV Parking
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