Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant seeking supplemental rental income. All four units are consistently occupied and thoughtfully designed with 2 bedrooms, 1 bathroom, and private decks for added outdoor living space. Durable vinyl siding offers low-maintenance ownership while maintaining attractive curb appeal. Conveniently located near schools, parks, employment centers, shopping, and everyday amenities, this property continues to attract long-term tenants. A rare chance to secure a stable, cash-flowing multi-family investment with strong long-term potential!
Active
Listed by: Terrafin
$889,000
2340 Main Street, Ferndale, WA 98248
8beds
4baths
3,208sqft
Quadruplex
Built in 1991
-- sqft lot
$856,000 Zestimate®
$277/sqft
$-- HOA
What's special
Durable vinyl sidingAttractive curb appeal
- 23 days |
- 145 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Dennis Folk,
Terrafin
Source: NWMLS as distributed by MLS GRID,MLS#: 2535257
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,208
- Total interior livable area: 3,208 sqft
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Features
- Has spa: Yes
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,712 Square Feet
- Features: Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, Gas Available, Hot Tub/Spa
Details
- Parcel number: 3902191860100000
- Zoning description: Multi-Family,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Metal/Vinyl
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1991
- Major remodel year: 1991
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Ferndale
Location
- Region: Ferndale
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $680,157
- Annual tax amount: $5,101
- Date on market: 6/4/2026
- Cumulative days on market: 25 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$856,000
$813,000 - $899,000
$1,736/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $889,000+189.1%$277/sqft |
Source:  NWMLS as distributed by MLS GRID #2535257 Report a problem | ||
| 8/4/2011 | Sold | $307,546$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,101 +9.8% | $680,157 +1.8% |
| 2023 | $4,647 -16.7% | $667,990 -1.9% |
| 2022 | $5,575 +10.7% | $680,729 +21% |
| 2021 | $5,036 -0.7% | $562,585 +8% |
| 2020 | $5,073 | $520,926 +14.8% |
| 2019 | $5,073 +3.3% | $453,711 +9.4% |
| 2018 | $4,911 +30% | $414,814 +14.1% |
| 2017 | $3,778 -14.2% | $363,521 +12.3% |
| 2016 | $4,406 +29.4% | $323,641 +6.2% |
| 2015 | $3,404 | $304,733 +2.1% |
| 2014 | $3,404 -0.2% | $298,406 +1.4% |
| 2013 | $3,412 | $294,180 |
| 2012 | -- | $294,180 -10.8% |
| 2009 | $3,216 -4.5% | $329,670 |
| 2008 | $3,366 | $329,670 |
| 2007 | $3,366 +42.7% | $329,670 +82.3% |
| 2005 | $2,358 +9900% | $180,815 |
| 2004 | $24 -99% | $180,815 |
| 2003 | $2,423 +4.7% | $180,815 |
| 2002 | $2,313 -1.5% | $180,815 |
| 2001 | $2,348 | $180,815 |
| 2000 | -- | $180,815 |
| 1999 | -- | $180,815 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98248
Nearby schools
GreatSchools rating
- 4/10Eagleridge Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10Horizon Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Ferndale High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Middle: Horizon Mid
- High: Ferndale High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Whatcom County
- Ferndale
- 98248
- 2340 Main Street
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