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1954 Eaton Avenue #1-3, 
Ferndale, WA 98248

$549,900

—

Bed

—

Bath

2,262

Sq Ft

Multi-Family

Active

Listed by

Carissa Conour

RE/MAX Whatcom County, Inc.

Last updated:

May 20, 2026, 10:57 AM

MLS#

2455414

Source:

NWMLS

About This Home

1954 Eaton Avenue #1-3

Live in One, Rent the Other Two | MXD Zoned Triplex! Mixed Use (MXD) zoned multifamily opportunity in Ferndale offering current rental income with future development potential. Located minutes from schools, parks (lots of green space, off lease dog friendly & peaceful paths along the winding picturesque Nooksack River at VanderYacht Park's urban oasis, super close w/9-hole disc golf course & sports courts) plus all the downtown amenities. This tri-plex is situated on a 16,117 sq ft non-conforming MXD lot and is NOT located in a flood zone. The property includes a 1964-built rambler duplex (1,560 sq ft total) with two occupied 2-bedroom, 1-bath units (780 sq ft each) with 2026 updates and repairs completed. A separate single-story 1-bedroom, 1-bath home (702 sq ft) is currently vacant, to be remodeled if desired opportunity for a buyer to complete improvements prior to occupancy or demo'd and RE-VISIONED. Well-suited for an owner-occupant approach: improve the detached home, then move into a finished residence while maintaining rental income from the duplex units. Two 2-bedroom units offer consistent income potential to offset ownership costs. MXD zoning may allow additional development potential, including possible ADU or additional units (buyer to verify with City of Ferndale). Tenants benefit from three covered parking spaces with additional storage. Tenants pay garbage, electricity, and natural gas. Owner currently pays water, sewer, and yard care

Home Facts

Multi-Family

Built in 1964

Price Summary

549,900

$243 per Sq. Ft.

MLS #:

2455414

Last Updated:

May 20, 2026, 10:57 AM

Rooms & Interior

Interior

Living Area:

2,262 Sq. Ft.

Structure

Structure

Building Area:

2,262 Sq. Ft.

Year Built:

1964

Lot

Lot Size (Sq. Ft):

16,117

Finances & Disclosures

Finances

Price:

$549,900

Price per Sq. Ft:

$243 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 21, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.