Best Value 4-Plex in Ferndale – Renovated Unit + Immediate Rent Growth Opportunity. Now priced at $895,000, this is one of the most compelling 4-plex opportunities in Ferndale for investors who understand value-add potential. With one fully renovated, rent-ready unit already complete, the path to increased income is immediate—not theoretical. Each unit offers a functional 2-bedroom, 1-bath layout with private decks, while upper units feature vaulted ceilings that enhance tenant appeal and livability. The property has a strong rental history and remains consistently occupied, supported by its cul-de-sac location and proximity to schools, parks, and key commuter routes. What sets this asset apart is the built-in upside: one unit fully upgraded, three remaining units offering clear opportunity for future rent increases through light, cost-effective improvements. Six off-street parking spaces and a well-maintained structure further support long-term performance. For investors comparing options, this property stands out as a strategic play—buy at today’s adjusted price, stabilize, and grow income over time. In a market where fully “maxed-out” properties leave little room to improve returns, this one gives you control of the upside from day one.
Listing Provided Courtesy of Carissa Conour, RE/MAX Whatcom County, Inc.
General Information
NWM2477921
Multi Family
35
DOM
10454.4 SqFt
3208
1991
Multi-F
Whatcom
Buyer To Verify
Buyer To Verify
Ferndale High
Residential Incom
Multi Family
Listing Provided Courtesy of Carissa Conour, RE/MAX Whatcom County, Inc.
Krishna Realty data last checked: Apr 06, 2026 11:15 | Listing last modified Apr 01, 2026 03:20,
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Residence Information
3208
Composition
54 - 4-Plex
1991
Poured Concrete
Features and Utilities
Metal/Vinyl
Public
Sewer Connected
0
Financial
5713
Cash, Conventional
02-24-2026
Comparable Information
35
35
Cash, Conventional
$920,000
$920,000
Apr 01, 2026 03:20
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Ferndale HighN/ARatings
Best Value 4-Plex in Ferndale – Renovated Unit + Immediate Rent Growth Opportunity. Now priced at $895,000, this is one of the most compelling 4-plex opportunities in Ferndale for investors who understand value-add potential. With one fully renovated, rent-ready unit already complete, the path to increased income is immediate—not theoretical. Each unit offers a functional 2-bedroom, 1-bath layout with private decks, while upper units feature vaulted ceilings that enhance tenant appeal and livability. The property has a strong rental history and remains consistently occupied, supported by its cul-de-sac location and proximity to schools, parks, and key commuter routes. What sets this asset apart is the built-in upside: one unit fully upgraded, three remaining units offering clear opportunity for future rent increases through light, cost-effective improvements. Six off-street parking spaces and a well-maintained structure further support long-term performance. For investors comparing options, this property stands out as a strategic play—buy at today’s adjusted price, stabilize, and grow income over time. In a market where fully “maxed-out” properties leave little room to improve returns, this one gives you control of the upside from day one.
