5709 3rd Avenue, Ferndale, WA 98248

Ferndale
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: mike kooy
Office: windermere re whatcom, inc.
MLS#:2572744
Source:NWMLS
5709 3rd Avenue,Ferndale, WA 98248
$395,000
  • 0.19 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$395,000

About this home

Fantastic multifamily development opportunity in the heart of downtown Ferndale. The value is in the land, with architectural and civil design complete for a 9-unit apartment building with an optional retail component along the 3rd Avenue frontage. The completed design work is included in the sale, offering significant time and cost savings for a future developer. City of Ferndale Urban Residential (UR) zoning provides flexibility for mixed commercial and/or high-density residential development. Conveniently located within walking distance of shopping, restaurants, and grocery stores, with quick access to I-5, this property is well positioned for strong long-term rental demand. The existing 2-bedroom home, 2-car garage, and two outbuildings are in need of updating and would require rehabilitation if a buyer intends to preserve and utilize the existing improvements.

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Home facts

  • Subdivision & Development:Ferndale
  • Listing ID #:2572744
  • Updated:August 26, 2026 at 11:26 AM

Rooms and interior

  • Total bathrooms:1

Structure and exterior

  • Lot area:0.19 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk

Utilities

  • Water:Available, In Street, On Property
  • Sewer:In Street, On Property

Finances and disclosures

  • Price:$395,000
  • Tax amount:$2,808 (2026)

Parking

  • Parking description:Garage
  • Garage:Yes
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