5709 3rd Avenue, Ferndale, WA 98248

Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: mike kooy
Office: windermere re whatcom, inc.
MLS#:2573323
Source:NWMLS
5709 3rd Avenue,Ferndale, WA 98248
$395,000
  • 2 Beds
  • 1 Baths
  • 902 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$395,000
  • Price per sq. ft.:$437.92

About this home

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.

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Home facts

  • Year built:1924
  • Subdivision & Development:Ferndale
  • Listing ID #:2573323
  • Updated:September 12, 2026 at 11:17 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Bedroom Description:Main Level Bedrooms : 2
  • Basement:Yes
  • Living area:902 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1924
  • Building area:902 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Fenced-Partially
  • Foundation Description:None
  • Levels:1 Story

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$437.92
  • Tax amount:$2,808 (2026)

Features and amenities

  • Amenities:Cable TV, Gas Available

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Driveway, Off Street Parking
  • Garage:Yes
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