Views
Address
2340 Main Street, Ferndale, WA
Price
$ 875,000
Property Attributes
- ID#2535257
- TypeMulti-Family
- CountyWHATCOM
- CityFerndale
- AreaFerndale-Custer
- NeighborhoodFerndale
- Zip98248
- Style4-Plex
- Year Built1991
- Taxes$ 5101
- Price$ 875,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3208
- Lot Size0.2 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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!
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Horizon Mid | Ferndale High |
| Price History | |
|---|---|
| 6/5/2026 | Listed $889,000 |
| 8/24/2026 | 2$875,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Security Features | Partially Fenced |
| Year Built | 1991 |
| View | Territorial |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| County | Whatcom |
| Net Operating Income | 43057 |
| Insurance Expense | 3347 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | Ferndale |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | Active |
| Directions | I 5 to Ferndale main exit. go west on Main. No sign. |
| High School | Ferndale High |
| City | Ferndale |
| Senior Community Y/N | No |
| High School District | Ferndale |
| Zoning Description | Multi-Family |
| Number Of Units Total | 4 |
| MLS Area | 870 - Ferndale/Custer |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 8712 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Buyer To Verify |
| Tax Annual Amount | 5101 |
| Middle/Junior High School | Horizon Mid |
| Public Remarks | 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 se |
| Leasable Area | 3208 |
| Structure Type | Quadruplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Units Below Grade | false |
| Water Sewer Garbage | 8636 |
| Property Style | 54 - 4-Plex |
| Cap Rate | 4.9 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Vinyl,Carpet |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Metal/Vinyl |
|---|---|
| Lot Features | Paved,Sidewalk |
| Water Source | Public |
| Total Parking | 8 |
| Foundation Details | Poured Concrete |
| Spa | Yes |
| Building Area Total | 3208 |
| Lot Size Acres | 0.2 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Deck,Fenced-Partially,Gas Available,Hot Tub/Spa |
| Parking Uncovered Total | 8 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98248
Price
Taxes
Year Built
Visits
In The Neighborhood
Water Views
Ferndale
$ 3,500,000
- Type
- Multi-Family | Active
- Size
- 13,972 SqFt
- Rooms
- 32 Beds + 24 Baths
Listed by: RE/MAX Whatcom County, Inc.
Ferndale
$ 1,550,000
- Type
- Multi-Family | Active
- Size
- 8,184 SqFt
- Rooms
- 23 Beds + 9 Baths
Listed by: Muljat Group
Views
Ferndale
$ 515,000
- Type
- Single Family
- Size
- 1,452 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Windermere RE Whatcom, Inc.
Reduced
Ferndale
$ 895,000
- Type
- Multi-Family | Active
- Size
- 2,722 SqFt
- Rooms
- 6 Beds + 4 Baths
Listed by: Best Choice Realty LLC
Views
Ferndale
$ 1,600,000
- Type
- Multi-Family | Active
- Size
- 2,523 SqFt
- Rooms
- 8 Beds + 5 Baths
Listed by: eXp Realty
Reduced
Ferndale
$ 875,000
- Type
- Multi-Family | Active
- Size
- 2,832 SqFt
- Rooms
- 6 Beds + 6 Baths
Listed by: Bellingham Real Estate Company
New Construction
Ferndale
$ 16,350,000
- Type
- Multi-Family | Active
- Rooms
- 0 Beds + 0 Baths
Listed by: Pacific Continental Realty LLC
