$895,000
Est. $4,535/mo5660 Eagle Place, Ferndale, WA 98248
• Listed 2026-02-24•58 days on market
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April Update!! Newly remodeled Unit 1 now rented = full occupancy. Best Value 4-Plex in Ferndale. Now priced at $895,000. This is one of the best 4-plex opportunities in Ferndale for investors who understand value-add potential. With one fully renovated & now RENTED unit already completed (Unit 1), the path to increased income is factual —not theoretical. Each unit offers a functional 2-bedroom, 1-bath layout with private decks, while upper units feature vaulted ceilings that enhance tenant appeal and livability. The property has a strong rental history and remains consistently occupied, supported by its cul-de-sac location and proximity to schools, parks, and key commuter routes. What sets this asset apart is the built-in upside: one unit fully upgraded, three remaining units offering clear opportunity for future rent increases through light, interior cost-effective improvements. Six off-street parking spaces and a well-maintained structure further support long-term performance. For investors comparing options, this property stands out as a strategic play—buy at today’s adjusted price, stabilize, and grow income over time. In a market where fully “maxed-out” properties leave little room to improve returns, this one gives you control of the upside from day one.
Listed by Carissa Conour • RE/MAX Whatcom County, Inc.
Listing updated: April 16, 2026 at 12:28pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2477921
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Open Sun, Jun 14 +1RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value5660 Eagle Place, Ferndale, WA 98248
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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Ferndale is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$950,000 Sold
8 weeks ago
•
2344 Main Street, Ferndale, WA 98248
0%
Over list
—
Days on market
0.2 mi
Distance
$550,000 Sold
4 months ago
6 bd•2 ba•~3,284 sq ft•Single Family
5861 Malloy Avenue, Ferndale, WA 98248
8%
Under list
—
Days on market
0.7 mi
Distance
$615,000 Sold
5 months ago
3 bd•2.5 ba•~1,902 sq ft•Single Family
2408 Barn Door Court #34, Ferndale, WA 98248
3%
Over list
—
Days on market
0.4 mi
Distance
$649,990 Sold
5 months ago
4 bd•1.5 ba•~2,099 sq ft•Single Family
5593 Farmstead Place #06, Ferndale, WA 98248
0%
Over list
—
Days on market
0.4 mi
Distance
$390,000 Sold
5 months ago
3 bd•1 ba•~1,362 sq ft•Single Family
5802 2nd Avenue, Ferndale, WA 98248
13%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Ferndale School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
