1954 Eaton Avenue #1-3 Ferndale, WA 98248

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1954 Eaton Avenue #1-3 Ferndale, WA 98248

Looking for a fixer type home with steady rental income from the duplex behind it? This triplex situation might be what your looking for. Either rehab/reno to keep the non-conforming status of this MXD zoned property or demo the small 702 1br/1ba home up front and rebuild to the latest conforming standards of the City of Ferndale. Additional ADU's are possible as well (Buyer to Verify). Good investment opportunity just hit the market!!

Cute on the outside, yet complete fixer in the inside. 702 sqft 1 bedroom, 1 bathroom home on a 16,117 sqft lot. No flooding here and lots of residential/commercial options. See CityofFerndale.org for MXD, ADU and Non-Conforming information

3 car carport with storage. 2 out of 3 units shown here are rented. Each unit is 2 bedrooms, 1 bathroom with 780 sqft (duplex is 1560 sqft total) on a 16,117 sqft lot with a separate 702 house slated for reno/rehab/demo. Wide driveway access and plenty of room for additional parking. No Flood Zone!!

Triplex - From the far left, you can see a bit of the small house, separate from the duplex units with the 3 car carport. All one level living! Duplex tenants pay for electricity, natural gas & garbage. Owner pays Water/Sewer & yard care currently.

Looking towards Eaton Ave, wide driveway area and duplex has a nice size lot space.

Wider view of the lot and triplex buildings layout

Back door porches and walkway along property line to carport.

Separate Utilities - Another view of the back porches and walkway into the carport seen to your right.

Space between the duplex's carport and the small 702 sqft home. Zoned MXD non-conforming so either remodel the house or demo it and add a commercial component - Lots of choices on the small house - Looking for a fixer? This is it!

3 bay carport with individual storage attached to the duplex units.

No Flood Zone!! Looking down on Portal Way and Eaton, Eaton Ave is seen to your right. Long 16,117 sqft lot - ripe for new opportunities. Stormwater at the junction of Cedar/Eaton/Portal.

Birds eye view of Eaton Ave (lower center), Portal Way area and I-5 access looking East towards Mt Baker

Another angle (S, SE) showing streets below of Portal at center by Cruisin Coffee & Builders FirstSource (green roof), Cedar to your left that dead ends, and Eaton Ave to your right heading into dtown Ferndale

South facing view of Cedar St seen below left by the Nooksack River has seen extensive revitalization recently. Storm water is at the junction of Portal/Cedar/Eaton - Contact the City of Ferndale Planning Dept for MXD Zoning non-conforming uses for 1954 Eaton Ave or friendly listing agent!

View looking SW from junction of Cedar, Portal & Eaton towards dtown Ferndale and beyond.

View looking down at intersection of Eaton Ave, Portal & Cedar & towards the West to dtown Ferndale, Ferndale High School and beyond.

Ferndale High School on your upper left and 1954 Eaton Ave intersection at Portal and Cedar. New 1-5 access using Thorton Rd in upper right corner

View looking down at 1954 Eaton (center) surrounded by residential, multifamily, commercial, etc. Ripe opportunites in this area.

1954 Eaton Ave - sitting in a prime location.

Courtesy of RE/MAX Whatcom County, Inc.

1954 Eaton Avenue #1-3

Ferndale, WA 98248

$590,000

Residential

5 Beds

3.00 Baths

2262 SqFt

Active

Prime Multifamily Value-Add & Development Opportunity in Ferndale! Located just minutes from schools, parks, and downtown, this rare tri-plex offers immediate cash flow with major future upside. Situated on a Non-Conforming, Mixed Use Commercial (MXD) zoned lot, this property presents an exceptional chance for investors seeking both stable rental income and expansion potential. Not in any Flood Zone! The site includes a 1964 rambler duplex (1,560 sq ft total) featuring two fully rented 2-bedroom, 1-bath units (780 sq ft each), currently being updated/repaired. Additionally, there is a separate single story 702 sq ft home currently slated for rehab or removal—opening the door for redevelopment and the exciting possibility of adding an additional ADU or more units (buyer to verify). Tenants have 3 covered parking spaces in carport that has extra storage, wide driveway parking, plus the convenience of individual utility metering for all units. Strong existing tenants make this a smooth, income-producing investment from day one. Opportunities like this—affordable multifamily with zoning flexibility and room to grow—don’t come around often. Secure your foothold in Ferndale’s expanding market today!

Property Features

Community: Ferndale
1 Story
View: Territorial
Cable TV
Fenced-Partially
Gas Available
High Speed Internet
RV Parking
Exterior: Wood
Roof: Composition
Parking: Attached Carport
Parking: Driveway
Parking: Off Street
Parking: RV Parking
Year Built: 1964
2026 Taxes: $4115.00
Buyer Broker Comp.: 2%
Listing #: 2483272

Lot Details

Lot Size: 0.37 acres
Corner Lot

Appliances That Stay

Dryer(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)

Interior

Water Heater
Cooling: None
Heating: High Efficiency (Unspecified), 90%+ High Efficiency, Wall Unit(s), Forced Air
Electric
Natural Gas

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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