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Listed by: Mike Kooy (360) 739-0869 | Windermere RE Whatcom, Inc. (360) 354-4455
$395,000
Monthly Est:$1,966
2 Beds
1 Bath1 full bath
902sqft
5709 3Rd Ave, Ferndale, WA 98248
$395,000
$1,966/moEst:
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Single Family Residence
Built in 1924
$-- HOA
8,276 sqft lot
$438/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 1:09 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2573323
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1924
HOA Fees
-
Finished Area
902 sqft
Lot Size
8,276 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2573323
MLS Status
Active
Days on Market
38
Cumulative Days on Market
38
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Entry Hall
Level: Main
Kitchen With Eating Space
Level: Main
Living Room
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bathroom Full
Level: Main
Interior
Exterior Features
Wood
Sewer
Sewer Connected
Heating
Forced Air
Cooling
None
Construction
Year Built
Year Built: 1924
Home type
Single Family Residence
Roof
Composition
Property Condition
Fixer
Construction Materials
Wood
Utilities & Energy
Parking Features
Driveway, Detached Garage, Off Street
Security Features
Partially Fenced
Basement
None
Water Source
See Remarks
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Ferndale
Price History
| Date | Event | Price |
|---|---|---|
08/24/2026 Source: | Listed for Sale | $395,000 $438/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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