Price drop

2340 Main Street, Ferndale, WA 98248

Ferndale, WA 98248 · Ferndale
8 bd4 ba3,208 sqft0.2 ac lotBuilt 1991Multi-family
$875,000 $273 / sqft · Cumulative Days Active: 139 Estimate your monthly payment ↓
Multi-family, Ferndale Listing by Terrafin 1 / 19
Price / sqft$273
Lot0.2 acres
Year built1991
TypeMulti-family
HOANone
Cumulative Days Active139

About this home

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!

NWMLS logoListing courtesy of the Northwest Multiple Listing Service (NWMLS).

Price drop
Listed Jun 5, 2026MLS# 2535257

Facts & features

8Beds
4Baths
3,208 sqftLiving area
$273Price / sqft
1991Year built
0.2 acLot
Interior
Bedrooms8
Bathrooms4
Living area3,208 sqft
FlooringVinyl, Carpet
Building
TypeMulti-family
Year built1991
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size0.2 acres (8,712 sqft)
ViewTerritorial
WaterfrontNo
ZoningMulti-Family
Utilities
HeatingElectric
SewerSewer Connected
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2025)$5,101 / yr
Interior features
Exterior & lot
Metal/Vinyl

Monthly payment

Full calculator →

Payment estimate calculated by irenakolbert.com from the assumptions below — not part of the NWMLS listing data. A lender will confirm actual figures.

Loan term
Down payment$20%
Interest rate%
Est. total / month$4,96030-year fixed · 6.5%
P&I $4,424Taxes $425Insurance $110
Plus ~$26,250 closing costs (est. 3%), paid once at closing. Get pre-approval guidance →
Estimate only, using the down payment, interest rate, and loan term set above. The APR, which includes loan costs, may be higher than the rate. Includes estimated property tax (~0.95%), insurance (~$110/mo), and any HOA dues. Not an offer of credit — a lender will confirm actual terms.

Price history

DateEventPrice Jun 5, 2026Listed for sale $889,000

Tax history

YearAssessed valueProperty tax
Source: Whatcom County Assessor. Assessed value is not a market value.

Schools

Ferndale School District
ElementaryBuyer To Verify
MiddleHorizon Mid
HighFerndale High
School assignments come from the listing data provided by NWMLS. They're based on address and can change — verify with the district before relying on them.
⬤ Street view ↗
Downtown Bellingham16 min
WWU17 min
St. Joseph Hospital15 min
Peace Arch border21 min

Drive times are straight-line estimates calculated by irenakolbert.com — not part of the NWMLS listing data.

Median list price$625k171 active listings
Cumulative Days Active87median, active listings
List price per sqft$320this home: $273
Homes for sale171in Ferndale

Area figures compiled by irenakolbert.com from current active NWMLS listings — not part of this listing's data.

This home's list price per square foot is about 15% below the median of current Ferndale listings. Irena can pull recent closed sales on this street before you write an offer.

Listing details

StatusActive
MLS #2535257
ListedJun 5, 2026
List price$875,000
Cumulative Days Active139
Property typeMulti-family
Listing brokerageTerrafin
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Terrafin. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:45 PM (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website: listings located outside Whatcom and Skagit counties are not displayed.
$875,000Tour this home