5709 3rd Avenue, Ferndale, WA 98248

Ferndale, WA 98248 · Ferndale
2 bd1 ba902 sqft0.19 ac lotBuilt 1924House
$395,000 $438 / sqft · Cumulative Days Active: 29 Estimate your monthly payment ↓
House, Ferndale Listing by Windermere RE Whatcom, Inc. 1 / 11
Price / sqft$438
Lot0.19 acres
Year built1924
TypeHouse
HOANone
Cumulative Days Active29

About this home

Fantastic multifamily development opportunity in the heart of downtown Ferndale. The value is in the land, with architectural and civil design complete for a 9-unit apartment building with an optional retail component along the 3rd Avenue frontage. The completed design work is included in the sale, offering significant time and cost savings for a future developer. City of Ferndale Urban Residential (UR) zoning provides flexibility for mixed commercial and/or high-density residential development. Conveniently located within walking distance of shopping, restaurants, and grocery stores, with quick access to I-5, this property is well positioned for strong long-term rental demand. The existing 2-bedroom home, 2-car garage, and two outbuildings are in need of updating and would require rehabilitation if a buyer intends to preserve and utilize the existing improvements.

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

Listed Aug 24, 2026MLS# 2573323

Facts & features

2Beds
1Baths
902 sqftLiving area
$438Price / sqft
1924Year built
0.19 acLot
Interior
Bedrooms2
Bathrooms1
Living area902 sqft
StoriesOne
Building
TypeHouse
Year built1924
RoofComposition
Lot & exterior
Lot size0.19 acres (8,276 sqft)
ViewCity, Mountains, See Remarks, Territorial
WaterfrontNo
Parking
ParkingDriveway, Detached Garage, Off Street
Utilities
HeatingElectric
SewerSewer Connected
WaterSee Remarks
HOA & taxes
HOA duesNone
Property tax (2026)$2,808 / yr
Interior features
Exterior & lot
Wood

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$2,34130-year fixed · 6.5%
P&I $1,997Taxes $234Insurance $110
Plus ~$11,850 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 $395,000

Tax history

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

Schools

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: $438
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 37% above the median of current Ferndale listings. Irena can pull recent closed sales on this street before you write an offer.

Listing details

StatusActive
MLS #2573323
ListedAug 24, 2026
List price$395,000
Cumulative Days Active29
Property typeHouse
Listing brokerageWindermere RE Whatcom, Inc.
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Windermere RE Whatcom, 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.
$395,000Tour this home