2002 2008 Cherry Street, Ferndale, WA 98248

Ferndale, WA 98248 · Ferndale
32 bd24 ba13,972 sqft0.27 ac lotBuilt 2018Multi-family
$3,500,000 $251 / sqft · Cumulative Days Active: 59 Estimate your monthly payment ↓
Multi-family, Ferndale Listing by RE/MAX Whatcom County, Inc. 1 / 39
Price / sqft$251
Lot0.27 acres
Year built2018
TypeMulti-family
HOANone
Cumulative Days Active59

About this home

ONE-OF-A-KIND BOARDWALK/RIVERFRONT 8-PLEX! Rare opportunity to own two separate 4-plexes offered together as an exceptional 8-unit multifamily property in the heart of Ferndale. Centrally located alongside the Boardwalk and river, next to the park and close to restaurants, schools, shopping, and other amenities. Each spacious unit is approximately 1,800 sq. ft. with 4 bedrooms and 3 bathrooms, plus large balconies/decks offering beautiful river and mountain views. Additional features include easy-care laminate flooring, walk-in closets and covered parking beneath the units. A STANDOUT FEATURE IS THE ATTACHED MOTHER IN LAW SUITE IN EVERY UNIT, CONNECTED BY DOUBLE DOORS. This unique and versatile space offers exceptional flexibility for multigenerational living, guests, a home office or potential additional income. With spacious floor plans, covered parking and an incredible riverfront setting, this property offers far more than a traditional multifamily investment. Two 4-plexes, eight spacious units and a truly one-of-a-kind boardwalk/riverfront location make this a rare Ferndale opportunity!

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

Listed Aug 24, 2026MLS# 2572813

Facts & features

32Beds
24Baths
13,972 sqftLiving area
$251Price / sqft
2018Year built
0.27 acLot
Interior
Bedrooms32
Bathrooms24
Living area13,972 sqft
FlooringVinyl Plank
Building
TypeMulti-family
Year built2018
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size0.27 acres (11,761 sqft)
ViewRiver
WaterfrontNo
ZoningMulti-Family,Residential
Utilities
HeatingElectric
SewerSewer Connected
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2025)$24,915 / yr
Interior features
Exterior & lot
Cement/ConcreteWood Products

Monthly payment

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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$19,88430-year fixed · 6.5%
P&I $17,698Taxes $2,076Insurance $110
Plus ~$105,000 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 Aug 24, 2026Listed for sale $3,500,000

Tax history

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

Schools

Ferndale School District
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 Bellingham15 min
WWU16 min
St. Joseph Hospital14 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: $251
Homes for sale171in Ferndale

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

Listing details

StatusActive
MLS #2572813
ListedAug 24, 2026
List price$3,500,000
Cumulative Days Active59
Property typeMulti-family
Listing brokerageRE/MAX Whatcom County, Inc.
SourceNWMLS as distributed by MLS GRID
Listing courtesy of RE/MAX Whatcom County, Inc.. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:52 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.
$3,500,000Tour this home