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.
Listing Provided Courtesy of Carissa Conour, RE/MAX Whatcom County, Inc.
General Information
NWM2483272
Single Family Residence
35
DOM
5
0.37 acres
3
2262
1964
Whatcom
Buyer To Verify
Buyer To Verify
Ferndale High
Residential
Single Family Residence
Listing Provided Courtesy of Carissa Conour, RE/MAX Whatcom County, Inc.
Krishna Realty data last checked: Apr 06, 2026 16:00 | Listing last modified Apr 01, 2026 02:54,
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Residence Information
2262
5
3
0
3
Composition
10 - 1 Story
1964
None
None
Poured Concrete
Features and Utilities
Dryer, Refrigerator, Stove(s)/Range(s), Washer
Water Heater
Wood
Public
Sewer Connected
Financial
4115
Cash, Conventional, Rehab Loan
02-24-2026
3350
Comparable Information
35
35
Cash, Conventional, Rehab Loan
$590,000
$590,000
Apr 01, 2026 02:54
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Ferndale HighN/ARatings
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.