2340 Main Street Ferndale, WA $ 889,000
2340 Main Street
$ 889,000
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2340 Main Street

Ferndale, WA, 98248
$ 889,000
Baths0.0 Sq 3,208

Monthly Estimate*

$ 5,474

Listed by Terrafin
2340 Main Street, Ferndale, WA 98248 - Image 1
2340 Main Street, Ferndale, WA 98248 - Image 2
2340 Main Street, Ferndale, WA 98248 - Image 3
2340 Main Street, Ferndale, WA 98248 - Image 4
2340 Main Street, Ferndale, WA 98248 - Image 5
Studio

Multi-Family Home for sale in Ferndale, WA

for $889,000. This 3,208 square foot home was built in 1991 on a lot size of 0.2.

Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant seeking supplemental rental income. All four units are consistently occupied and thoughtfully designed with 2 bedrooms, 1 bathroom, and private decks for added outdoor living space. Durable vinyl siding offers low-maintenance ownership while maintaining attractive curb appeal. Conveniently located near schools, parks, employment centers, shopping, and everyday amenities, this property continues to attract long-term tenants. A rare chance to secure a stable, cash-flowing multi-family investment with strong long-term potential!

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Multi-Family Active

Price

$ 889,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,101

Style

4-Plex

Lot Size

0.2

Year Built

1991

Town/City

Ferndale

County/Region

Whatcom

MLS | Web ID

2535257

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1991
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Whatcom
Net Operating Income 41257
Insurance Expense 3347
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Ferndale
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions I 5 to Ferndale main exit. go west on Main. No sign.
High School Ferndale High
City Ferndale
Senior Community Y/N N
High School District Ferndale
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 870 - Ferndale/Custer
Lot Size Units Square Feet
Lot Size Square Feet 8712
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 5101
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Horizon Mid
Public Remarks Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant se
Leasable Area 3208
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Water Sewer Garbage 8636
Property Style 54 - 4-Plex
Cap Rate 4.71
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Exterior
Exterior Amenities Metal/Vinyl
Lot Features Paved Sidewalk
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Spa Y
Building Area Total 3208
Lot Size Acres 0.2
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available Hot Tub/Spa
Parking Uncovered Total 8
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2535257
Street Number 1 2340
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* Excluded Features
List By
Dennis Folk

Listing Agent

Terrafin

Broker

Affordability Calculator

$5,899
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,474
Monthly Property Taxes
$425
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100659 Elementary School
256938 Middle School
Ferndale High High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$889,000 Listed Price

Map


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2340 Main Street, Ferndale, WA, 98248 is a Multi-Family Home for sale at $889,000 with 3,208 sqft and a lot size of 0.2. 2340 Main Street is a studio with 0.0 baths and was built in 1991. The property's zip code is 98248 which is in Ferndale, WA