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Duplex with Multi-Unit Development Potential

5698 2nd Ave Ferndale, WA 98248

5698 2nd Ave, Ferndale, WA, 98248
$649,744
For Sale
$649,744

Duplex with two fully rented units and completed site preparation for additional units, with alley access and private parking.

Days on Market78

Property Features for 5698 2nd Ave

General Information

Standard status
Active
Listing agency Windermere RE Whatcom, Inc.
Listed by Jacson Bevens
Source Exprealty
Added: May 5 Updated: Jul 20 at 8:07PM Checked: Jul 20 at 8:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere RE Whatcom, Inc.


Investment Insights

Based on property information with market context.

This duplex offers two fully rented, standalone units on a lot with zoning allowing up to six units. The property includes completed dirt-work for additional units behind, along with alley access and private parking spots accommodating up to 12 vehicles.

Unit 5698 (left side) is a 2-bedroom, 1-bath home. Unit 5696 (right side) is a 1-bedroom, 1-bath layout with a 200-square-foot storage area below and a partially finished 200-square-foot office above that is plumbed for a bathroom. A 600-square-foot shop on site can be used for storage or removed to create room for additional units. Unit 5698 was built in 2004 and unit 5696 was finished in 2025, with both units described as in excellent condition.

The duplex is located at the end of a dead-end street in Ferndale and is described as close to schools, parks, and downtown. The units use LVP flooring and are individually metered.

Key Highlights

  • Duplex in Ferndale with two fully rented, standalone units and completed site prep for additional units
  • Lot is zoned for up to 6 units with dirt‑work completed for units behind
  • Alley access plus private parking spots for up to 12 vehicles

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Building Supply Electrical Service Law Firm Furniture & Home Goods Kitchen & Bath Showroom Storage Facility Computer & Electronic Repair Auto Parts Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two fully rented units and completed site preparation for additional units, with alley access and private parking.
Where is this duplex located?
The property is located at 5698 2nd Ave Ferndale, WA.
What is the asking price?
The asking price for this property is $649,744.
What are key features of this property?
This property features: Duplex in Ferndale with two fully rented, standalone units and completed site prep for additional units; Lot is zoned for up to 6 units with dirt‑work completed for units behind; Alley access plus private parking spots for up to 12 vehicles
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