$390,000
Listed at $450,0003 bd•1.75 ba•1,362 sq ft
5802 2nd Avenue, Ferndale, WA 98248
• Listed 2025-08-15
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Investor Special! Possible Owner Terms. Ferndale Fixer-Upper. 1902 Craftsman Style home offers 3 Bedrooms, 2 Bathrooms, and a Single Car Garage. Updates over the years include Newer Kitchen and Double Pane Windows. Great Curb Appeal. Seller may finance with 20% Down, leaving $360,000 @ 6.5% interest, about $2,275/mo P&I. Ideal for Flip/Sell or Refi/Cash-Out within a few years. Zoned Urban Residential which allows for a variety of Residential and Commercial options. Easiest may be to Build 2-3 New units on the rear yard adjacent to the alley..or go Big with 5-6 Residential units PLUS some Commercial space. Or More Commercial and less Residential... Buyers Choice. Lots of options.
Listed by Keith Cook • RE/MAX Whatcom County, Inc.
Listing updated: January 20, 2026 at 02:33pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2420822
Neighborhood mobility
Ferndale School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Ferndale is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 19 days.
$136,000 Sold
3 months ago
•Single Family
5604 3rd Avenue, Ferndale, WA 98248
3%
Under list
—
Days on market
0.5 mi
Distance
$530,000 Sold
4 months ago
4 bd•2.25 ba•~2,272 sq ft•Single Family
5581 2nd Avenue, Ferndale, WA 98248
1%
Over list
—
Days on market
0.6 mi
Distance
$508,000 Sold
4 months ago
2 bd•1.75 ba•~1,133 sq ft•Single Family
5634 Applewood Drive, Ferndale, WA 98248
0%
Over list
—
Days on market
0.7 mi
Distance
$430,000 Sold
5 months ago
2 bd•1 ba•~752 sq ft•Single Family
5803 Vista Drive, Ferndale, WA 98248
0%
Over list
—
Days on market
0.3 mi
Distance
$680,000 Sold
5 months ago
3 bd•2.5 ba•~1,852 sq ft•Single Family
6012 Portal Way, Ferndale, WA 98248
14%
Over list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of January 20, 2026 at 02:33pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (4)
See more →
Open Thu, Sep 17 +1
Open Sun, Sep 20$516,000
+$126,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $390K and $520K.
Rental earnings
$1,550/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$390,000Last sold price
5802 2nd Avenue, Ferndale, WA 98248
$499,999Last sold price
1952 Washington Street, Ferndale, WA 98248
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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