1825 Eastgate Loop, Ferndale, WA 98248

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:darren johnson
Office:homesmart one realty
MLS#:2439236
Source:NWMLS
1825 Eastgate Loop,Ferndale, WA 98248
$1,525,000
  • - Beds
  • - Baths
  • 5,616 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,525,000
  • Price per sq. ft.:$271.55
  • Monthly HOA dues:$70.83

About this home

Modern 4-plex investment built in 2020 with excellent rental history and low vacancy. Designed with durability and style, each unit includes quartz countertops, soft-close cabinetry, stainless steel appliances, and luxury vinyl plank flooring. The main living level offers an open-concept kitchen and living room, half bath, and private deck. Upstairs, all bedrooms and laundry are conveniently located, with the primary suite featuring a walk-in closet and ensuite bath. Ground level provides a full two-car garage with additional storage space and exterior access. With reliable cash flow, minimal maintenance, and strong tenant demand, this turnkey property is performing at a 5.9% CAP rate (more if self managed) and 13.59 GRM.

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Home facts

  • Year built:2020
  • Listing ID #:2439236
  • Updated:October 01, 2025 at 08:51 PM

Rooms and interior

  • Living area:5,616 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2020
  • Building area:5,616 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,525,000
  • Price per sq. ft.:$271.55
  • Tax amount:$10,470 (2025)
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