PROPERTIES FOR SALE

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.
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.
Aerial picture of 5660 Eagle's roof, lot size and parking lot
Aerial picture of 5660 Eagle's roof, lot size and parking lot
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.
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.
An ideal addition to a growing portfolio: stabilized income, recent improvements, and prime location fundamentals.
Floor plan of main level brand new remodeled Unit 1.  Unit 2-4 are identical floorplans yet Units 3 & 4 have vaulted ceilings.
Floor plan of main level brand new remodeled Unit 1. Unit 2-4 are identical floorplans yet Units 3 & 4 have vaulted ceilings.
Welcoming Entry - Unit #1 has been completely remodeled down to the studs, offering a true “like-new” asset within the fourplex.
Welcoming Entry - Unit #1 has been completely remodeled down to the studs, offering a true “like-new” asset within the fourplex.
Unit #1 - Extensive capital improvements include all new windows, updated plumbing and electrical, brand-new appliances, and a fully renovated kitchen and bathroom.
Unit #1 - Extensive capital improvements include all new windows, updated plumbing and electrical, brand-new appliances, and a fully renovated kitchen and bathroom.
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 - 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.
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)
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 - 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)
Kitchen of Unit #1 - Opened closet doors showing washer/dryer (all new)
Unit #1 - new washer/dryer and hot water tank
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
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
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 - 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 - Looking towards the storage closets, kitchen and the bathroom (center left)
Unit #1 - dining area & living room
Unit #1 - dining area & living room
Unit #1 - Living room to slider & deck and hallway at center to 2 bedrooms
Unit #1 - Living room to slider & deck and hallway at center to 2 bedrooms
Unit #1 - Living room & deck (left) & bathroom (right)
Unit #1 - Living room & deck (left) & bathroom (right)
Unit #1 - Virtual staged living room
Unit #1 - Virtual staged living room
Unit #1 - Living room, dining & kitchen
Unit #1 - Living room, dining & kitchen
Unit #1 - looking back to front door from slider/deck
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 - has large new windows letting in that south side sun. New eating bar off kitchen counter too!
Unit #1 - Ready for new Tenants!
Unit #1 - Ready for new Tenants!
Unit #1 - Bedroom 1 of 2.  This one looks over the parking lot to the east.
Unit #1 - Bedroom 1 of 2. This one looks over the parking lot to the east.
Unit #1 - Bedroom 1 of 2.  Virtual Stage
Unit #1 - Bedroom 1 of 2. Virtual Stage
Unit #1 - Bedroom 1 of 2.  ALL new doors!!
Unit #1 - Bedroom 1 of 2. ALL new doors!!
Unit #1 - Brand new bathroom!  Tub/shower, toilet, sink/vanity, lighting & flooring - a strong value-add component already executed for the next owner.
Unit #1 - Brand new bathroom! Tub/shower, toilet, sink/vanity, lighting & flooring - a strong value-add component already executed for the next owner.
Unit #1 - Bedroom 2 of 2.  Window looks out to green space.
Unit #1 - Bedroom 2 of 2. Window looks out to green space.
Unit #1 - Bedroom 2 of 2. Virtual stage.
Unit #1 - Bedroom 2 of 2. Virtual stage.
Unit #1 - Bedroom 2 of 2.
Unit #1 - Bedroom 2 of 2.
Unit #1 - Back to the living room from the bedroom/bathroom hallway.
Unit #1 - Back to the living room from the bedroom/bathroom hallway.
Unit #1 - Back deck looking over green space
Unit #1 - Back deck looking over green space
Unit #1 - Back deck.  Showing all new windows and slider.
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.
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.
Locations within this corridor are consistently sought after, making this a fundamentally sound multifamily investment in a proven rental pocket of Ferndale.
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.
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.
NWMLS Courtesy of RE/MAX Whatcom County, Inc.
5660 Eagle Place
Ferndale, WA 98248
$895,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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April Update!! Newly remodeled Unit 1 now rented = full occupancy. Best Value 4-Plex in Ferndale. Now priced at $895,000. This is one of the best 4-plex opportunities in Ferndale for investors who understand value-add potential. With one fully renovated & now RENTED unit already completed (Unit 1), the path to increased income is factual —not theoretical. Each unit offers a functional 2-bedroom, 1-bath layout with private decks, while upper units feature vaulted ceilings that enhance tenant appeal and livability. The property has a strong rental history and remains consistently occupied, supported by its cul-de-sac location and proximity to schools, parks, and key commuter routes. What sets this asset apart is the built-in upside: one unit fully upgraded, three remaining units offering clear opportunity for future rent increases through light, interior cost-effective improvements. Six off-street parking spaces and a well-maintained structure further support long-term performance. For investors comparing options, this property stands out as a strategic play—buy at today’s adjusted price, stabilize, and grow income over time. In a market where fully “maxed-out” properties leave little room to improve returns, this one gives you control of the upside from day one.
Watch Virtual Tour #1

Property Features

Community: Ferndale
4-Plex
View:
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: 5

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

What's Near 5660 Eagle Place Ferndale, WA 98248?

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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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