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    Blaine, WA Bellingham, WA Custer, WA Lynden, WA Everson, WA Wenatchee, WA Lummi Island, WA Nooksack, WA
    9-Unit Apartment Building
    Updated: Aug 15
    9-Unit Apartment Building

    1955 Eaton, Ferndale, WA 98248

    $1,550,000
    8,184 sqft
    9 units across two adjacent buildings at 1955 Eaton St and 5825 Portal
    Unit mix includes 6 three‑bedroom, one‑bath units, 2 two‑bedroom, one‑bath units, and 1 one‑bedroom, one‑bath unit
    All 9 units currently occupied
    New roof installed in 2025 on the triplex
    RM High Density zoning; additional unit potential subject to city verification
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ferndale, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Unit Apartment Complex
    12-Unit Apartment Complex

    404 Front, Sumas, WA 98295

    $2,850,000
    14,196 sqft

    Twelve apartments arranged as three fourplexes, with 3-bedroom layouts, kitchens, in-unit laundry, and patios.

    View details
    Modern Townhome Community
    Modern Townhome Community

    201 Tull, Bellingham, WA 98226

    $10,995,000
    30,104 sqft

    Recently built 32-unit townhome community offering 2- and 3-bedroom layouts with in-unit laundry.

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    Modern Multifamily Investment Opportunity
    Modern Multifamily Investment Opportunity

    1205 Boon St, Sumas, WA 98295

    $4,090,000
    19,120 sqft

    Sixteen modern townhome units built in 2020 in Sumas, WA.

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    Historic Downtown Apartment Building
    Historic Downtown Apartment Building

    201 N Commercial St, Bellingham, WA 98225

    $2,100,000

    Two-story, sixteen-unit apartment community in downtown Bellingham.

    View details

    Ferndale, WA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Ferndale, WA on our real estate platform. These investment opportunities span a total of 8,184 square feet of properties for sale, with an estimated market value of $1,550,000.

    Sale prices for two-family homes in Ferndale, WA average $1,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 28K
    Population Growth (5Y) +14.7%
    Median Household Income $88,566
    College Educated 43.0%

    High-Yield Neighborhoods for Investment

    Identify Ferndale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98248 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.84%
    Property Tax per SF $5.58 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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