1954 Eaton Avenue, Ferndale, WA 98248

Local realty services provided by:Better Homes and Gardens Real Estate Macy & Co.
Listed by: carissa conour
Office: re/max whatcom county, inc.
MLS#:2455414
Source:NWMLS
1954 Eaton Avenue,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,

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Home facts

  • Year built:1964
  • Listing ID #:2455414
  • Updated:February 24, 2026 at 10:59 PM

Rooms and interior

  • 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

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)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of February 24, 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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