5709 3rd Ave Ferndale, WA 98248
Ferndale AreaEstimated payment $2,401/month
Highlights
- City View
- Garage
- Level Lot
- No HOA
About This Lot
Fantastic multifamily development opportunity in the heart of downtown Ferndale. The value is in the land, with architectural and civil design complete for a 9-unit apartment building with an optional retail component along the 3rd Avenue frontage. The completed design work is included in the sale, offering significant time and cost savings for a future developer. City of Ferndale Urban Residential (UR) zoning provides flexibility for mixed commercial and/or high-density residential development. Conveniently located within walking distance of shopping, restaurants, and grocery stores, with quick access to I-5, this property is well positioned for strong long-term rental demand. The existing 2-bedroom home, 2-car garage, and two outbuildings are in need of updating and would require rehabilitation if a buyer intends to preserve and utilize the existing improvements.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2572744
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,808
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
- Zoning described as Multi-Family,Residential
Parking
- Garage
Property Views
- City
- Mountain
- Territorial
Utilities
- Sewer in Street
Community Details
- No Home Owners Association
- Ferndale Subdivision
Listing and Financial Details
- Assessor Parcel Number 3902201050040000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/24/2026 08/24/26 | For Sale | $395,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2572744
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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 is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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