5698 2nd Avenue | Image 1
New
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$649,744

2 days ago

0 Bed

0 Bath

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MLS® 2475460

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $3,461
Days Active 1
Lot Size 0.4 acres
Approx. Age 2004
MLS® Number 2475460

Property Address: 5698 2nd Avenue, Ferndale, WA, 98248

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

Description

Incredible investment opportunity in Ferndale! Tucked at the end of a dead-end street and close to schools, parks, and downtown, this duplex sits on a lot zoned for up to SIX units, providing cash flow now and tons of future upside. Site features two fully rented, standalone units and completed dirt-work for additional units behind. Alley access and private parking spots accommodate up to 12 vehicles, paving the path to bring this property to its highest potential. 5698 (left side unit) is a 2-bed/1-bath unit while 5696 (right side) is a 1/1 with a 200sqft storage area below and a partially finished 200sqft office above, plumbed for a bathroom. 600sqft shop can be used for storage or removed to put in additional units. 5698 built in 2004 + 5696 was finished in 2025. Both units in excellent shape, with LVP flooring, and are individually metered. Excellent current tenants, too. A rare, affordable opportunity for immediate rental income and significant development potential!
MLS® Number2475460
Laundry Level
Central VacNo
FireplaceNo
Acreage0.4
Exterior
GarageYes
Approx. Age2004
Basement
DrivewayRV Parking
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$649,744List Price
  • Commute

Commute

Starting Address
Destination Address
5698 2nd Avenue, Ferndale, WA

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