5698 2nd Avenue, Ferndale, WA 98248 (MLS # 2475460)
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Listing provided courtesy of Northwest MLS; Windermere Real Estate Whatcom
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Incredible investment opportunity in Ferndale! Tucked at the end of a dead-end street and close to schools, parks, and downtown, this duplex sits on a lot zoned for up to SIX units, providing cash flow now and tons of future upside. Site features two fully rented, standalone units and completed dirt-work for additional units behind. Alley access and private parking spots accommodate up to 12 vehicles, paving the path to bring this property to its highest potential. 5698 (left side unit) is a 2-bed/1-bath unit while 5696 (right side) is a 1/1 with a 200sqft storage area below and a partially finished 200sqft office above, plumbed for a bathroom. 600sqft shop can be used for storage or removed to put in additional units. 5698 built in 2004 + 5696 was finished in 2025. Both units in excellent shape, with LVP flooring, and are individually metered. Excellent current tenants, too. A rare, affordable opportunity for immediate rental income and significant development potential!
| LAST UPDATED | 2/5/2026 | TRACT | Ferndale |
|---|---|---|---|
| YEAR BUILT | 2004 | COMMUNITY | Ferndale |
| GARAGE SPACES | 2.0 | COUNTY | Whatcom |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Central Elem |
|---|---|
| Jr. High School | Vista Mid |
| High School | Ferndale High |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 870 - Ferndale/Custer |
| CONSTRUCTION | Cement Siding, Wood Siding |
| GARAGE | Yes |
| HEAT | Ductless , Electric |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | Alley, Dead End Street, Paved |
| LOT DIMENSIONS | 13 x 174 x 156 x 89 |
| MLS STATUS | Active |
| PARKING | RV Access/Parking |
| STORIES | 1 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Ferndale |
| TAXES | 3461 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/6/26 2:41 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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