5660 Eagle Place Ferndale, WA 98248

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5660 Eagle Place Ferndale, WA 98248

5660 Eagle Place offers a rare 4-unit multifamily asset with immediate income and upside. Unit #1 (front unit – light on in photo) has been fully remodeled and is rent-ready, with a new tenant scheduled to begin in March. The remaining three units are already leased, delivering stable, in-place cash flow from day one.

An ideal addition to a growing portfolio: stabilized income, recent improvements, and prime location fundamentals.

Unit #1 is the lower right unit, recently remodeled, enhancing rental appeal and supporting strong market rents. All 4 units feature private back decks that overlook greenery and landscaped space rather than neighboring buildings — a valuable tenant amenity that adds a sense of privacy, improves livability, and supports long-term tenant retention.

This well-located fourplex includes six dedicated parking spaces and sits just off Main Street, north of Grant’s Burgers — a strong rental corridor with consistent tenant demand.

Welcoming Entry - Unit #1 has been completely remodeled down to the studs, offering a true “like-new” asset within the fourplex.

Unit #1 - major components and finishes replaced, this unit minimizes near-term maintenance expenses while supporting premium rental positioning and long-term durability.

Unit #1 Kitchen, windows, appliances, cabinets/cupboards - a strong value-add component already executed for the next owner.

View from Unit #1 kitchen to living room slider (new as well)

Kitchen of Unit #1 - Notice the closed closet doors to your right where the Washer/Dryer and hot water tank are.

Kitchen of Unit #1 - Opened closet doors showing washer/dryer (all new)

Unit #1 - new washer/dryer and hot water tank

Unit #1 - From the living room, looking back towards the entry on the left, kitchen on the right. New heaters, windows, window coverings, fan/lights, etc

Virtually staged Unit #1 - Entry, kitchen, dining area

Unit #1 - From the living room, closet space to your left and plenty of closet storage down along the entry hallway

Unit #1 - Looking towards the storage closets, kitchen and the bathroom (center left)

Unit #1 - Living room to slider & deck and hallway at center to 2 bedrooms

Unit #1 - Living room & deck (left) & bathroom (right)

Unit #1 - looking back to front door from slider/deck

Unit #1 - has large new windows letting in that south side sun. New eating bar off kitchen counter too!

Unit #1 - Bedroom 1 of 2. This one looks over the parking lot to the east.

Unit #1 - Bedroom 1 of 2. ALL new doors!!

Unit #1 - Bedroom 2 of 2. Window looks out to green space.

Unit #1 - Bedroom 2 of 2. Virtual stage.

Unit #1 - Back to the living room from the bedroom/bathroom hallway.

Unit #1 - Back deck looking over green space

Unit #1 - Back deck. Showing all new windows and slider.

Strategically positioned just off Main Street in Ferndale, 5660 Eagle Place benefits from consistent tenant demand driven by its proximity to major city amenities. Walking, short-drive to shopping, dining, services, etc enhances rental appeal - supports strong occupancy trends.

Locations within this corridor are consistently sought after, making this a fundamentally sound multifamily investment in a proven rental pocket of Ferndale.

Courtesy of RE/MAX Whatcom County, Inc.

5660 Eagle Place

Ferndale, WA 98248

$920,000

Multi-Family

0 Beds

0.00 Baths

0 SqFt

Active

Prime Ferndale Investment Alert, Higher-Yield Potential Income 4-Plex! An outstanding opportunity to own a well-performing 4-plex in the heart of Ferndale, offering strong income potential and a proven history of staying fully rented. Upper units have vaulted ceilings. Each unit features a spacious 2-bedroom, 1-bath layout, plus private decks that enhance tenant appeal and retention. Unit #1 has just completed a full remodel and is move-in ready, providing immediate upside for rental growth. Ideally located near schools, parks, and major commuter routes, this property continues to attract consistent tenant demand. A rare chance to secure a stable multi-family asset in a high-demand area—perfect for investors seeking dependable cash flow and long-term returns.

Watch Virtual Tour #1

Property Features

Community: Ferndale
4-Plex
View: Mountain(s)
View: See Remarks
View: Territorial
Deck
High Speed Internet
Patio
Exterior: Metal/Vinyl
Roof: Composition
Year Built: 1991
2025 Taxes: $5713.00
Buyer Broker Comp.: 2%
Listing #: 2477921

Lot Details

Lot Size: 0.24 acres
Cul-De-Sac
Dead End Street
Paved
No. of Units: 4

Interior

Cooling: None
Heating: Baseboard
Electric

Schools

District: Ferndale
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Ferndale High

Call or Email:

Grace Wamwere

206-395-4584

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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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