Listed by Bellwether Real Estate, Bought with Windermere RE Whatcom, Inc.
$1,090,000
SOLD DEC 12, 2025

2333 Main St Ferndale, WA 98248

8 Beds
8 Baths
4,928 Sq Ft
23,522 Sq Ft Lot

Recently Sold

$221 Per Sq Ft

6% Below List Price

Highlights

  • 0.54 Acre Lot
  • No HOA
  • High Speed Internet
  • Territorial View
  • Baseboard Heating
  • Wood Siding

About This Home

As of December 2025

Excellent investment opportunity in a prime Ferndale location. This 8-unit multifamily property is situated on a private lot with a large off-street parking lot and shared coin-operated laundry for tenant convenience. Consistently strong rental demand in the area offers reliable cash flow. Convenient access to downtown Ferndale, shopping, transit, and I-5 makes this a desirable location for tenants and a smart addition to any investment portfolio. Don’t miss the chance to secure a stable asset in a growing market.

Last Agent to Sell the Property

Renae Ingraham

Bellwether Real Estate License #109488 Listed on: 07/01/2025

Bellwether Real Estate

Last Buyer's Agent

Sukhvir Khaira

Windermere RE Whatcom, Inc. License #122824

Windermere RE Whatcom, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2401803

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 1976

Lot Details

  • 23,522 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,928 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902301985160000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,655

Year Built

Built in 1976

Lot Details

0.54 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1976
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4928
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ferndale
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3902301985160000
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23522
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.66
  • LeasedItems: None
  • TotalMonthlyIncome: 8040

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6655

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 240
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Sold $1,090,000 -1.8% $221 / Sq Ft
10/08/2025 10/08/25 Pending -- -- --
09/26/2025 09/26/25 Price Changed $1,110,000 -4.3% $225 / Sq Ft
07/01/2025 07/01/25 For Sale $1,160,000 -- $235 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $6,656 $887,743 $527,070 $360,673
2024 $6,174 $887,743 $527,070 $360,673
2023 $6,174 $887,743 $527,070 $360,673
2022 $5,983 $808,711 $375,340 $433,371
2021 $5,249 $668,360 $310,200 $358,160
2020 $5,078 $538,997 $250,160 $288,837
2019 $3,925 $469,102 $217,720 $251,382
2018 $5,223 $430,922 $200,000 $230,922
2017 $5,523 $430,922 $200,000 $230,922
2016 $5,506 $492,900 $212,000 $280,900
2015 $5,317 $492,900 $212,000 $280,900
2014 -- $465,000 $200,000 $265,000
2013 -- $465,000 $200,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2401803

Northwest Multiple Listing Service (NWMLS)
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