Listed by HomeSmart One Realty
$1,600,000
PENDING $75K PRICE INCREASE

1825 Eastgate Loop Ferndale, WA 98248

Estimated payment $9,360/month

Total Views 775
12 Beds
12 Baths
5,616 Sq Ft
$285 Price per Sq Ft

About This Home

Modern 4-plex investment built in 2020 with excellent rental history and low vacancy. Designed with durability and style, each unit includes quartz countertops, soft-close cabinetry, stainless steel appliances, and luxury vinyl plank flooring. The main living level offers an open-concept kitchen and living room, half bath, and private deck. Upstairs, all bedrooms and laundry are conveniently located, with the primary suite featuring a walk-in closet and ensuite bath. Ground level provides a full two-car garage with additional storage space and exterior access. This investment has reliable cash flow, minimal maintenance, and strong tenant demand.

Listing Agent

Darren Johnson

HomeSmart One Realty License #26293 Listed on: 10/01/2025

HomeSmart One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2439236

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,470

Year Built

  • Built in 2020

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 5,616 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces

Additional Features

  • 10,454 Sq Ft Lot
  • Ductless Heating Or Cooling System

Community Details

  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902173550800000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,470

Year Built

Built in 2020

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2020
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 5616
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking: No
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 3902173550800000
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.59
  • LeasedItems: None
  • TotalMonthlyIncome: 9200

Tax Info

  • Year: 2025
  • Tax Annual Amount: 10470

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,467 $1,396,964 $264,810 $1,132,154
2023 $9,467 $1,361,610 $273,000 $1,088,610
2022 $8,411 $1,136,825 $224,712 $912,113
2021 $5,559 $939,523 $185,712 $753,811
2020 $758 $570,814 $171,960 $398,854
2019 -- $70,000 $70,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 Pending -- -- --
10/06/2025 10/06/25 Price Changed $1,600,000 +4.9% $285 / Sq Ft
10/01/2025 10/01/25 For Sale $1,525,000 -- $272 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $313 None Listed On Document
Warranty Deed $1,021,879 Chicago Title Company Of Wa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $766,410 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2439236

Northwest Multiple Listing Service (NWMLS)

APN: 390217-355080-0000