PROPERTIES FOR SALE

5698 2nd Avenue Ferndale, WA 98248

NWMLS Courtesy of Windermere Real Estate Whatcom
5698 2nd Avenue
Ferndale, WA 98248
$649,744
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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!

Property Features

Community: Ferndale
Duplex
View: Territorial
Cable TV
Outbuildings
RV Parking
Shop
Exterior: Cement Planked
Exterior: Wood
Roof: Composition
Year Built: 2004
2025 Taxes: $3461.00
Buyer Broker Comp.: 2.5%
Listing #: 2475460

Lot Details

Lot Size: 0.40 acres
Lot Dimensions: 13 x 174 x 156 x 89
Alley
Dead End Street
Paved
No. of Units: 2

Interior

Cooling: Ductless HP-Mini Split
Heating: Ductless HP-Mini Split, Wall Unit(s)
Electric

Common Features

Storage

Schools

District: Ferndale
Elem: Central Elem
Middle: Vista Mid
High: Ferndale High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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