5698 2nd Ave

Ferndale, WA 98248
  • $649,744

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,500

    SqFt

About the Listing 9110 - 111532

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!

Listing Highlights

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® 2475460
Year Built 2004
Total Square Footage 1,500
Lot/Acreage 0.4
County Whatcom
Building Name Ferndale Am
Neighborhood Ferndale
School District Ferndale
Elementary School Central Elementary
Middle School Vista Middle
High School Ferndale High

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Ferndale

Exterior Details

  • Lot Description: Alley,Dead End Street,Paved,Cable TV,Outbuildings,RV Parking,Shop,Zoning: Multi-Family
  • Garage Capacity: 2 car
  • Lot Dimensions: 13 x 174 x 156 x 89
  • Zoning: Multi-Family
  • Roof: Composition
  • Others: Cement Planked,Wood
  • Sewer: City of Ferndale
  • Parking Features: RV Parking

Financial Details

  • Tax Amount: $3,461
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 3902291475440000
  • Tax Year: 2025

Payment Calculator

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5698 2nd Ave Ferndale, WA 98248

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Originating MLS: nwmls

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