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MLS: #NWM2475460, Listed By: Jacson Bevens, Windermere RE Whatcom, Inc., Source:NWMLS - Northwest Multiple Listing Service

5698 2nd Avenue

Ferndale, WA 98248
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Bed 0

Bed

Bath 0

Bath

SqFt1,500

Sqft

Acres0.40

Acre(Lot)

Incredible investment opportunity in Ferndale! Tucked at the end of a dead-end street and close to schools, parks, and downtown, this duplex sits on a lot zoned for up to SIX units, providing cash flow now and tons of future upside. Site features two fully rented, standalone units and completed dirt-work for additional units behind. Alley access and private parking spots accommodate up to 12 vehicles, paving the path to bring this property to its highest potential. 5698 (left side unit) is a 2-bed/1-bath unit while 5696 (right side) is a 1/1 with a 200sqft storage area below and a partially finished 200sqft office above, plumbed for a bathroom. 600sqft shop can be used for storage or removed to put in additional units. 5698 built in 2004 + 5696 was finished in 2025. Both units in excellent shape, with LVP flooring, and are individually metered. Excellent current tenants, too. A rare, affordable opportunity for immediate rental income and significant development potential!

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Detail Ic Property Details

Property Type : Residential Income

Price : $649,744

AD Id : 75089744

MLS Id : NWM2475460

Lot Size : 0.40 Acre

Living Area Size : 1,500

Year Built : 2004

Garage : 2

County : Whatcom

Subdivision: Apollo Beach

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Feature Features

  • Interior Features

    Roof: Composition

    Roofing Information

    Composition
  • Flooring Information

    Flooring: Laminate Construction Materials: Cement Plank, Wood
  • Heating & Cooling

    Heating: Ductless, Wall Furnace Has Heating: Yes Cooling: Ductless Has Cooling: Yes WaterSource: Public

  • Building Information

    Year Built: 2004
  • Exterior Features

    Cement Planked, Wood Construction Materials: Cement Plank, Wood Foundation Details: Block

  • Lot Information

    Lot Dimensions: 13 x 174 x 156 x 89 Lot Description: Alley, Dead End Street, Paved Lot Square Feet: 17424 Lot Acres: 0.4

    Property Information

    Property Type: Residential Income Sub Type: Multi Family Structure Type: Duplex

  • Listing Price Information

    Original List Price:$649744

  • Tax Information

    Annual Tax: $3461 Tax Year: 2025 Parcel Number: 3902291475440000

  • Parking Information

    Total Parking: 14 RV Parking

    Garage Information

    Garage Space: 2

  • School Information

    Elementary School: Central Elem Junior High School: Vista Mid Senior High School: Ferndale High
  • Utility Information

    Sewer: Sewer Connected Water Source: Public
  • Location Information

    Subdivision: Ferndale City: Ferndale Direction: From I-5, take Exit 263 to Portal Way. Turn West on Portal way, continue into slight left on 2nd Ave. Property at end of street on left. Address visible from street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1655 Main Street, Ferndale, WA, 98248 $16,350,000 -- -- --
1954 Eaton Avenue #1-3, Ferndale, WA, 98248 $549,900 -- -- 2,262 2,262 SqFt
5660 Eagle Place, Ferndale, WA, 98248 $879,000 -- -- 3,208 3,208 SqFt
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: NWMLS #2475460 LISTED BY: Jacson Bevens, Windermere RE Whatcom, Inc. 360-734-7500 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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