$549,900
Est. $2,786/mo5 bd•3 ba•2,262 sq ft
1954 Eaton Avenue #1-3, Ferndale, WA 98248
• Listed 2026-02-24•23 days on market
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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.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
See more →$665,000
+$115,100 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $500K and $750K.
Rental earnings
$2,000/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$499,999Last sold price
1952 Washington Street, Ferndale, WA 98248
$585,000Last sold price
5966 Malloy Avenue, Ferndale, WA 98248
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
1954 Eaton Avenue #1-3, 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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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 21, 2026 at 11:13am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Carissa Conour • RE/MAX Whatcom County, Inc.
Listing updated: May 21, 2026 at 11:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2483272
Open Sun, Jun 14
Open Sun, Jun 14
Open Sun, Jun 14
Open Sun, Jun 14 +2
Open Sun, Jun 14Ferndale 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.
$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
0.4 mi
Distance
$584,000 Sold
4 months ago
3 bd•2 ba•~1,574 sq ft•Single Family
6157 Unrein Drive, Ferndale, WA 98248
0%
Over list
—
Days on market
0.8 mi
Distance
$1,525,000 Sold
4 months ago
•Single Family
1825 Eastgate Loop, Ferndale, WA 98248
5%
Under list
—
Days on market
0.8 mi
Distance
$200,000 Sold
4 months ago
3 bd•2 ba•Single Family
1625 Main Street ##11, Ferndale, WA 98248
2%
Under list
—
Days on market
1.0 mi
Distance
$525,000 Sold
5 months ago
3 bd•1 ba•~1,542 sq ft•Single Family
2141 Jason Court, Ferndale, WA 98248
5%
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.
