1954 Eaton Avenue #1-3, Ferndale, WA 98248
Local realty services provided by:Tucker Realty ERA Powered
Listed by: carissa conour
Office: re/max whatcom county, inc.
MLS#:2455414
Source:NWMLS
1954 Eaton Avenue #1-3,Ferndale, WA 98248
$590,000
- - Beds
- - Baths
- 2,262 sq. ft.
- Multi-family
- Active
Price summary
- Price:$590,000
- Price per sq. ft.:$260.83
About this home
Prime Multifamily Value-Add & Development Opportunity in Ferndale! Located just minutes from schools, parks, and downtown, this rare tri-plex offers immediate cash flow with major future upside. Situated on a Mixed Use Commercial (MXD) zoned lot, NOT in a Flood Zone, this property presents an exceptional chance for investors seeking both stable rental income and expansion potential. The site includes a 1964 yr rambler duplex (1,560 sq ft total) featuring two fully rented 2-bedroom, 1-bath units (780 sq ft each), currently being updated/repaired. Additionally, there is a separate single story 1 bedroom, 1 bathroom, 702 sq ft home currently slated for rehab or removal—opening the door for redevelopment. Exciting possibilities: adding an additional ADU or more units (buyer to verify). Tenants have 3 covered parking spaces with extra storage, pay for garbage, electricity & natural gas. Owner pays Water/Sewer & yard care currently. Strong existing tenants make this a smooth, income-producing investment from day one. Opportunities like this—affordable multifamily with zoning flexibility in a non-flood zone, with room to grow—don’t come around often. Secure your foothold in Ferndale’s expanding market today!...
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Home facts
- Year built:1964
- Listing ID #:2455414
- Updated:March 12, 2026 at 08:43 PM
Rooms and interior
- Flooring:Carpet, Vinyl Floor
- Living area:2,262 sq. ft.
Heating and cooling
- Heating:Forced Air, Wall Unit(s)
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:2,262 sq. ft.
- Lot area:0.37 Acres
- Lot Features:Corner, Paved
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Partially
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:$3,741 (2025)
Features and amenities
- Amenities:Gas Available, High Speed Internet
Parking
- Parking description:RV Parking
- Carport spaces:3
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