Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Lilia Orlova
ONE-OF-A-KIND BOARDWALK/RIVERFRONT 8-PLEX! Rare opportunity to own two separate 4-plexes offered together as an exceptional 8-unit multifamily property in the heart of Ferndale. Centrally located alongside the Boardwalk and river, next to the park and close to restaurants, schools, shopping, and other amenities. Each spacious unit is approximately 1,800 sq. ft. with 4 bedrooms and 3 bathrooms, plus large balconies/decks offering beautiful river and mountain views. Additional features include easy-care laminate flooring, walk-in closets and covered parking beneath the units. A STANDOUT FEATURE IS THE ATTACHED MOTHER IN LAW SUITE IN EVERY UNIT, CONNECTED BY DOUBLE DOORS. This unique and versatile space offers exceptional flexibility for multigenerational living, guests, a home office or potential additional income. With spacious floor plans, covered parking and an incredible riverfront setting, this property offers far more than a traditional multifamily investment. Two 4-plexes, eight spacious units and a truly one-of-a-kind boardwalk/riverfront location make this a rare Ferndale opportunity!
Courtesy: Muljat Group
360-733-3030
Ian Steger
9-Unit Multifamily Investment property with 6.3% Cap Rate. This income opportunity comprised of two well-maintained, adjacent properties in a great investment area of Ferndale: a 6-unit building at 1955 Eaton St and a triplex at 5825 Portal. All 9 units are currently occupied, with a strong base of long-term renters providing stable, in-place income, and the property sits outside the flood plain. The unit mix includes 6 three-bedroom, one-bath units, 2 two-bedroom, one-bath units, and 1 one-bedroom, one-bath unit, with rents ranging from $1,300 to $1,700 per month. The location is minutes from downtown shopping and restaurants, with easy access to parks, schools, freeway and the bus line. Highlights include on-site laundry, ample parking, an enclosed courtyard that adds a layer or privacy, and a new roof installed in 2025 on the triplex unit. The property is zoned RM High Density, offering potential upside for additional units (buyer to verify with the city). With a 6.2% cap rate, consistent occupancy, and a strong location in a growing investment area, this is a solid addition to any income portfolio. Buyer to verify all information, including zoning potential, square footage, and income/expense details.
Courtesy: Best Choice Realty
206-886-3986
Brenton Wolters
Buy One Get One Free! Joy of ownership shines through on this shy one acre estate. The path through the fully fenced, manicured front yard leads to the front door of a well-thought-out, single-story, four-bedroom home. The kitchen is the heart of the home and the view from the kitchen window levels out to a peaceful, park like setting. Escape through the slider to a spacious patio. Ideal for early morning coffees or summer get togethers. The middle of the property features a 3 Bay shop/garage with a bonus room for tools and work benches. Near the back of the property lies an 800 sq ft, 2 bed/2 bath ADU (1996 Redmond 29x38 1014 sqft) Plus the porch has 50 sqft of nonliving space. Privacy abounds, offering views of pastoral fields towards the east. Included with the property are two well maintained storage sheds and two carports. Just 3 minutes from i-5 at Grandview Rd. From there, a quick drive to Canada or Bellingham.
Courtesy: Terrafin
253-466-3736
Dennis Folk
Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant seeking supplemental rental income. All four units are consistently occupied and thoughtfully designed with 2 bedrooms, 1 bathroom, and private decks for added outdoor living space. Durable vinyl siding offers low-maintenance ownership while maintaining attractive curb appeal. Conveniently located near schools, parks, employment centers, shopping, and everyday amenities, this property continues to attract long-term tenants. A rare chance to secure a stable, cash-flowing multi-family investment with strong long-term potential!
Courtesy: eXp Realty
360-746-9774
Laurie Kelly
Great Investment!! BRAND NEW SEPTIC!!! AND ONE bedroom apartment! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR.
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Ferndale is located in Washington. Ferndale, Washington has a population of 14,777. Ferndale is more family-centric than the surrounding county with 43.62% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Ferndale, Washington is $77,746. The median household income for the surrounding county is $70,011 compared to the national median of $69,021. The median age of people living in Ferndale is 32.7 years.
The average high temperature in July is 72.3 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 37.3 inches per year, with 7.9 inches of snow per year.
