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  • Listed by: RE/MAX Whatcom County, Inc. • Carissa Conour
    Price cut: $16K (6/19)
    $879,000

    5660 Eagle Place, Ferndale, WA 98248

    8beds
    4baths
    3,208sqft
    : 
    $5,409/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1991
    -- sqft lot
    $861,000 Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Six off-street parking spacesWell-maintained structureCul-de-sac locationVaulted ceilingsPrivate decks
    Best Value 4-Plex in Ferndale - $879,000. This is one of the best 4-plex opportunities in Ferndale for investors who understand value-add potential. With one fully renovated & RENTED unit already completed (Unit 1), the path to increased income is demonstrated —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, interior 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.
    149 days
    |
    151
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Carissa Conour,

    RE/MAX Whatcom County, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2477921MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Flooring: Laminate, Vinyl, Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 3,208
      • Total interior livable area: 3,208 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Uncovered spaces: 6
      Features
      • Has view: Yes
      • View description: Mountain(s), See Remarks, Territorial
      Lot
      • Size: 10,454 Square Feet
      • Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk, Deck, High Speed Internet, Patio
      Details
      • Parcel number: 3902303175230000
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 4-Plex
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Metal/Vinyl
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Good
      • Year built: 1991
      • Major remodel year: 1991

      Utilities & green energy

      • Electric: Company: Puget Sound Energy
      • Sewer: Sewer Connected, Company: City of Ferndale
      • Water: Public, Company: City of Ferndale
      • Utilities for property: Comcast/Xfinity, Comcast/Xfinity

      Community & HOA

      Community
      • Subdivision: Ferndale
      Location
      • Region: Ferndale

      Financial & listing details

      • Price per square foot: $274/sqft
      • Tax assessed value: $761,958
      • Annual tax amount: $5,713
      • Date on market: 2/23/2026
      • Cumulative days on market: 151 days
      • Listing terms: Conventional,FHA,VA Loan

        Estimated market value

        $861,000

        $818,000 - $904,000

        $1,755/mo

        Price history

        DateEventPrice
        6/19/2026Price change$879,000-1.8%$274/sqft
        Source: NWMLS as distributed by MLS GRID #2477921 Report a problem
        4/1/2026Price change$895,000-2.7%$279/sqft
        Source: NWMLS as distributed by MLS GRID #2477921 Report a problem
        2/24/2026Listed for sale$920,000+370.6%$287/sqft
        Source: NWMLS as distributed by MLS GRID #2477921 Report a problem
        7/8/1999Sold$195,500$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,713 +9.8%$761,958 +1.8%
        2023$5,204 -6.7%$748,200 +9.9%
        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 +38.9%$329,670 +77.4%
        2005$2,423 $185,815
        2004$2,423 -2.7%$185,815
        2003$2,490 +4.7%$185,815
        2002$2,377 -1.5%$185,815
        2001$2,413 $185,815
        2000-- $185,815
        1999-- $185,815
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        Getting around

        33 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

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