USAWAFerndaleFerndale1955 Eaton Ave
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$1,550,000

For Sale

3 days ago

1955 Eaton Ave, Ferndale, WA

House

MLS® 2572692

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $11,958
Days Active 2
Lot Size 0.4 Acres
Approx. Age 1969
MLS® Number 2572692

Property Address: 1955 Eaton Ave, Ferndale, WA, 98248-9745

Average square foot calculated using Size range provided by listing agent.

Description

9-Unit Multifamily Investment property with 6.3% Cap Rate. This income opportunity comprised of two well-maintained, adjacent properties in a great investment area of Ferndale: a 6-unit building at 1955 Eaton St and a triplex at 5825 Portal. All 9 units are currently occupied, with a strong base of long-term renters providing stable, in-place income, and the property sits outside the flood plain. The unit mix includes 6 three-bedroom, one-bath units, 2 two-bedroom, one-bath units, and 1 one-bedroom, one-bath unit, with rents ranging from $1, 300 to $1, 700 per month. The location is minutes from downtown shopping and restaurants, with easy access to parks, schools, freeway and the bus line. Highlights include on-site laundry, ample parking, an enclosed courtyard that adds a layer or privacy, and a new roof installed in 2025 on the triplex unit. The property is zoned RM High Density, offering potential upside for additional units (buyer to verify with the city). With a 6.2% cap rate, consistent occupancy, and a strong location in a growing investment area, this is a solid addition to any income portfolio. Buyer to verify all information, including zoning potential, square footage, and income/expense details.
MLS® Number2572692
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1969
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 21, 2026List Date
$1,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
1955 Eaton Ave, Ferndale, WA

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