Property Details

7245 Kickerville Road
Ferndale, WA 98248
$1,600,000
MLS# 2518037 courtesy of NWMLS Listing firm: eXp Realty

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7245 Kickerville Road , Ferndale, WA 98248, Ferndale

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7245 Kickerville Road , Ferndale, WA 98248, Ferndale

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Multi-Family
Property Type
2,523
Bldg Sq Ft
6
Units
11.00%
Cap Rate
2010
Year Built

Property Overview

Great Investment!! BRAND NEW SEPTIC!!! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Whatcom
Neighborhood Ferndale
Listed May 20, 2026
Structure Type Multi Family
Parcel Number 3901054744600000

Tax & HOA

Annual Property Tax $6,228 (2024)
Est. Monthly Tax $519/mo

Financial Summary

Cap Rate 11.00%
Net Operating Income $168,642
Gross Scheduled Income $197,400
Gross Rent Multiplier 7.60
Total Expenses $22,836
Vacancy Rate 3.0%

Building & Use

Building Sq Ft 2,523
Total Units 6
Zoning Residential
Possible Use Residential
Lot Size 9.74 acres
Year Built 2010

Exterior & Lot

Lot Size 9.74 sqft
Year Built 2010
Garage 3 spaces
Exterior Materials Wood
Parking RV Parking
Sewer Septic Tank
Water Source Community
Lot Features Open Space
Exterior Features Wood Products

Community & Access

Directions rom Grandview rd go north on Kickerville. Property on the left.

Location

City Ferndale
County Whatcom
Coordinates 48.90460, -122.70700

Additional Information

Tax Year 2024
Annual Taxes $6,228
Possession Array
Listed By
Laurie Kelly
eXp Realty

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