Listed by RE/MAX Whatcom County, Inc.
$920,000

5660 Eagle Pkwy Ferndale, WA 98248

Estimated payment $5,215/month

8 Beds
4 Baths
3,208 Sq Ft
$287 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • Patio
  • Deck
  • Cul-De-Sac
  • Baseboard Heating

About This Home

Prime Ferndale Investment Alert, Higher-Yield Potential Income 4-Plex! An outstanding opportunity to own a well-performing 4-plex in the heart of Ferndale, offering strong income potential and a proven history of staying fully rented. Upper units have vaulted ceilings. Each unit features a spacious 2-bedroom, 1-bath layout, plus private decks that enhance tenant appeal and retention. Unit #1 has just completed a full remodel and is move-in ready, providing immediate upside for rental growth. Ideally located near schools, parks, and major commuter routes, this property continues to attract consistent tenant demand. A rare chance to secure a stable multi-family asset in a high-demand area—perfect for investors seeking dependable cash flow and long-term returns.

Listing Agent

Carissa Conour

RE/MAX Whatcom County, Inc. License #118498 Listed on: 02/24/2026

RE/MAX Whatcom County, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2477921

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,713

Year Built

  • Built in 1991

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Ferndale High School

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Eagle Park Terrace Condos
  • Ferndale Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 3902303175230000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,713

Year Built

Built in 1991

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1991
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Eagle Park Terrace
  • New Construction: No
  • CalculatedSquareFootage: 3208
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), See Remarks, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Ferndale
  • WaterCompany: City of Ferndale
  • CableConnected: Comcast/Xfinity
  • InternetConnected: Comcast/Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 3902303175230000
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Assessors
  • ZoningJurisdiction: City
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 15.9
  • LeasedItems: None
  • TotalMonthlyIncome: 3925

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5713

Multi Family

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

MLS Schools

  • Elementary School: Buyer To Verify

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
2025 $5,713 $764,647 $224,070 $540,577
2024 $5,204 $761,958 $224,070 $537,888
2023 $5,204 $748,200 $231,000 $517,200
2022 $5,036 $680,729 $234,075 $446,654
2021 $5,073 $562,585 $193,450 $369,135
2020 $4,911 $520,926 $179,125 $341,801
2019 $3,778 $453,711 $156,013 $297,698
2018 $4,406 $414,814 $142,638 $272,176
2017 $3,626 $363,521 $125,000 $238,521
2016 $3,404 $323,641 $121,264 $202,377
2015 $3,412 $304,733 $114,807 $189,926
2014 -- $298,406 $112,200 $186,206
2013 -- $294,180 $110,000 $184,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2026 02/24/26 For Sale $920,000 -- $287 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed $195,500 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,400 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2477921

Northwest Multiple Listing Service (NWMLS)

APN: 390230-317523-0000

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