Property Details
1954 Eaton Avenue #1-3
Ferndale, WA 98248
$565,000
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About This Home
Live in One, Rent the Other Two | MXD Zoned Triplex! Mixed Use (MXD) zoned multifamily opportunity in Ferndale offering current rental income with future development potential. Located minutes from schools, parks (lots of green space, off lease dog friendly & peaceful paths along the winding picturesque Nooksack River at VanderYacht Park's urban oasis, super close w/9-hole disc golf course & sports courts) plus all the downtown amenities. This tri-plex is situated on a 16,117 sq ft non-conforming MXD lot and is NOT located in a flood zone. The property includes a 1964-built rambler duplex (1,560 sq ft total) with two occupied 2-bedroom, 1-bath units (780 sq ft each) with 2026 updates and repairs completed. A separate single-story 1-bedroom, 1-bath home (702 sq ft) is currently vacant, to be remodeled if desired opportunity for a buyer to complete improvements prior to occupancy or demo'd and RE-VISIONED. Well-suited for an owner-occupant approach: improve the detached home, then move into a finished residence while maintaining rental income from the duplex units. Two 2-bedroom units offer consistent income potential to offset ownership costs. MXD zoning may allow additional development potential, including possible ADU or additional units (buyer to verify with City of Ferndale). Tenants benefit from three covered parking spaces with additional storage. Tenants pay garbage, electricity, and natural gas. Owner currently pays water, sewer, and yard care.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Whatcom
Neighborhood
Ferndale
Listed
Feb 24, 2026
Original Price
$590,000
Interior Features
Bedrooms
5
Bathrooms
3.0
Living Area
2,262 sq ft
Basement
None
Entry Level
Main
Interior Features
Water Heater
Exterior & Lot
Lot Size
0.37 sqft
Year Built
1964
Exterior Materials
Wood
Parking
Attached Carport, Driveway, Off Street, RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot
Exterior Features
Wood
Location
City
Ferndale
County
Whatcom
Coordinates
48.85356, -122.58772
Schools
School District
Ferndale
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Ferndale High
Additional Information
Tax Year
2026
Annual Taxes
$4,115
Possession
Array
Inclusions
Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
