$549,900
Est. $2,775/mo5 bd•3 ba•2,262 sq ft
1954 Eaton Avenue #1-3, Ferndale, WA 98248
• Listed 2026-02-24•18 days on market
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Based on information submitted to the MLS GRID as of May 21, 2026 at 11:13am (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.
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Live in One, Rent the Other Two | MXD Zoned Triplex! Mixed Use (MXD) zoned multifamily opportunity in Ferndale offering current rental income with future development potential. Located minutes from schools, parks (lots of green space, off lease dog friendly & peaceful paths along the winding picturesque Nooksack River at VanderYacht Park's urban oasis, super close w/9-hole disc golf course & sports courts) plus all the downtown amenities. This tri-plex is situated on a 16,117 sq ft non-conforming MXD lot and is NOT located in a flood zone. The property includes a 1964-built rambler duplex (1,560 sq ft total) with two occupied 2-bedroom, 1-bath units (780 sq ft each) with 2026 updates and repairs completed. A separate single-story 1-bedroom, 1-bath home (702 sq ft) is currently vacant, to be remodeled if desired opportunity for a buyer to complete improvements prior to occupancy or demo'd and RE-VISIONED. Well-suited for an owner-occupant approach: improve the detached home, then move into a finished residence while maintaining rental income from the duplex units. Two 2-bedroom units offer consistent income potential to offset ownership costs. MXD zoning may allow additional development potential, including possible 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.
Listed by Carissa Conour • RE/MAX Whatcom County, Inc.
Listing updated: May 21, 2026 at 11:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2483272
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
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Open Tue, Jun 9 +6$683,000
+$133,100 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $500K and $750K.
Rental earnings
$2,050/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$499,999Last sold price
1952 Washington Street, Ferndale, WA 98248
$680,000Last sold price
2080 Bakerscape Court, 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.
1954 Eaton Avenue #1-3, Ferndale, WA 98248
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,255 per month
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$685,000
5791 Legoe Avenue, Ferndale, WA 98248
Luis Herrera · RE/MAX Whatcom County, Inc.
$674,900
2634 Lot 14 Sievers Way, Ferndale, WA 98248
Rob Weston · Windermere RE Whatcom, Inc.
$625,000
2624 Glenmore Street, Ferndale, WA 98248
Aldo Huerta Levain · Windermere RE Whatcom, Inc.
$619,000
4123 Stuart Circle, Ferndale, WA 98248
Darren Johnson · HomeSmart One Realty
Ferndale is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 17 days.
$550,000 Sold
4 months ago
6 bd•2 ba•~3,284 sq ft•Single Family
5861 Malloy Avenue, Ferndale, WA 98248
8%
Under list
—
Days on market
0.4 mi
Distance
$584,000 Sold
4 months ago
3 bd•2 ba•~1,574 sq ft•Single Family
6157 Unrein Drive, Ferndale, WA 98248
0%
Over list
—
Days on market
0.8 mi
Distance
$1,525,000 Sold
4 months ago
•Single Family
1825 Eastgate Loop, Ferndale, WA 98248
5%
Under list
—
Days on market
0.8 mi
Distance
$525,000 Sold
5 months ago
3 bd•1 ba•~1,542 sq ft•Single Family
2141 Jason Court, Ferndale, WA 98248
5%
Under list
—
Days on market
0.8 mi
Distance
$390,000 Sold
5 months ago
3 bd•1 ba•~1,362 sq ft•Single Family
5802 2nd Avenue, Ferndale, WA 98248
13%
Under list
—
Days on market
0.1 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 Jun 2026
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.
