5660 Eagle Pkwy Ferndale, WA 98248
Estimated payment $5,224/month
Highlights
- Deck
- No HOA
- Patio
- Territorial View
- Cul-De-Sac
- Baseboard Heating
About This Home
Best Value 4-Plex in Ferndale - $879,000. This is one of the best 4-plex opportunities in Ferndale for investors who understand value-add potential. With one fully renovated & RENTED unit already completed (Unit 1), the path to increased income is demonstrated —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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2477921
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
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
- Territorial Views
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2026 06/19/26 | Price Changed | $879,000 | -1.8% | $274 / Sq Ft |
| 04/01/2026 04/01/26 | Price Changed | $895,000 | -2.7% | $279 / Sq Ft |
| 02/24/2026 02/24/26 | For Sale | $920,000 | -- | $287 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $156,400 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2477921
APN: 390230-317523-0000
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Ask me questions while you tour the home.