1954 Eaton Avenue #1-3, Ferndale, WA 98248 (MLS # 2483272)

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Listing provided courtesy of Northwest MLS; RE/MAX Whatcom County, Inc.

PRICE $590,000
BEDS 5
BATHS 3
HOME SIZE 2,262 sqft
LOT SIZE 16,118 sqft
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Mixed Use (MXD) zoned multifamily opportunity in Ferndale offering current rental income with future development potential. Located minutes from schools, parks, and downtown amenities, this tri-plex offers immediate rental income with future development potential. The property is situated on a Non-Conforming, Mixed Use Commercial (MXD) zoned 16,117 sqft lot and is not located in a flood zone. The site includes a 1964-built rambler duplex (1,560 sq ft total) with two fully rented 2-bedroom, 1-bath units (780 sq ft each) with recently completed improved updates and repairs. A separate single-story 1-bedroom, 1-bath home (702 sq ft) is also located on the property and is currently slated for rehabilitation or possible removal. MXD zoning may allow additional development potential, including the possibility of adding an ADU or additional units (buyer to verify with City of Ferndale). Tenants benefit from three covered parking spaces with additional storage. Tenants pay garbage, electricity, and natural gas. Owner currently pays water, sewer, and yard care. Strong existing tenants provide stable income from day one.

LAST UPDATED 2/24/2026 TRACT Ferndale
YEAR BUILT 1964 COMMUNITY Ferndale
COUNTY Whatcom STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Ferndale High


ADDITIONAL DETAILS
AIR None
APPLIANCES Dryer, Electric Water Heater, Refrigerator, Washer, Water Heater
AREA 870 - Ferndale/Custer
BASEMENT None
CONSTRUCTION Wood Siding
HEAT Electric, Forced Air, Natural Gas, Wall Furnace
INTERIOR Water Heater
LOT 0.37 acre(s)
LOT DESCRIPTION Corner Lot
MLS STATUS Active
PARKING Attached Carport, Driveway, Off Street, RV Access/Parking
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Ferndale
TAXES 4115
UTILITIES Cable Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public

SATELLITE VIEW



 
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Properties with the Logo 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 3/20/26 8:24 AM PDT. 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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