1954 Eaton Avenue #1-3, Ferndale, WA 98248

Ferndale
Local realty services provided by:Better Homes and Gardens Real Estate Macy & Co.
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

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 Non-Conforming, Mixed Use Commercial (MXD) zoned lot, this property presents an exceptional chance for investors seeking both stable rental income and expansion potential. Not in any Flood Zone! The site includes a 1964 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 702 sq ft home currently slated for rehab or removal—opening the door for redevelopment and the exciting possibility of adding an additional ADU or more units (buyer to verify). Tenants have 3 covered parking spaces in carport that has extra storage, wide driveway parking, plus the convenience of individual utility metering for all units. Strong existing tenants make this a smooth,

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Home facts

  • Year built:1964
  • Listing ID #:2483272
  • Updated:February 26, 2026 at 03:43 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Laminate, Vinyl Floor
  • 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), 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
  • 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

  • Amenities:Cable TV, Gas Available, High Speed Internet, Water Heater
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of February 26, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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