For Sale60d on market
5698 2nd Avenue
Ferndale, WA, 98248 • 98248 • Whatcom County
$649,744
$433/sqft
Down payment assistance available
3Beds
2Baths
1,500Sqft
0.4 acLot
2004Built
Property DNA
Territorial Views
Territorial
Duplex Style
Built 2004 · 22 years of history
Ferndale
98248
This home is getting attention
Listed 60 days ago · 281 views · 3 saves
Market activity
Demand and pricing signals for this listing
281 views
People checking out this listing
3 saves
Buyers have saved this home
60 days on market
Established listing
$433/sqft
Price per square foot
About this home
Multi Family · Built 2004
Incredible investment opportunity in Ferndale! Tucked at the end of a dead-end street and close to schools, parks, and downtown, this duplex sits on a lot zoned for up to SIX units, providing cash flow now and tons of future upside. Site features two fully rented, standalone units and completed dirt-work for additional units behind. Alley access and private parking spots accommodate up to 12 vehicles, paving the path to bring this property to its highest potential. 5698 (left side unit) is a 2-bed/1-bath unit while 5696 (right side) is a 1/1 with a 200sqft storage area below and a partially finished 200sqft office above, plumbed for a bathroom. 600sqft shop can be used for storage or removed to put in additional units. 5698 built in 2004 + 5696 was finished in 2025. Both units in excellent shape, with LVP flooring, and are individually metered. Excellent current tenants, too. A rare, affordable opportunity for immediate rental income and significant development potential!
Estimated monthly payment
Based on current rates
$4,044/month
Principal & Interest$3,177
Property Tax$650
Insurance$217
Down payment20% ($129,949)
3%50%
Est. 6.18% rate · 30yr fixed · $519,795 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built2004
HeatingDuctless, Wall Unit(s), Electric
CoolingDuctless
Parking2 Covered Parking spaces
Days on Zillow60 Days
Price/sqft$433
Property
Home typeMulti Family
Sub-typeMulti Family
StyleDuplex
Year built2004
Systems
HeatingDuctless, Wall Unit(s), Electric
CoolingDuctless
RoofComposition
ConstructionCement Planked, Wood Siding, Cement Plank
Water / SewerPublic, Company: City of Ferndale / Sewer Connected, Company: City of Ferndale
Parking & Outdoor
ParkingRV Parking
Garage2 spaces
Lot0.40 Acres
Location & Tax
Neighborhood98248
Annual tax$3,461
Parcel3902291475440000
Features & details
8 categories of property features
Interior Features
Flooring
Laminate
Heating
Ductless
Wall Unit(s)
Electric
Cooling
Ductless
Exterior Features
Parking
RV Parking
Construction
Cement Planked
Wood Siding
Cement Plank
Lot Features
Dead End Street
Paved
Cable TV
Outbuildings
RV Parking
Shop
Views
Territorial
Utilities
Xfinity
Xfinity
Listing insights
Market data and value estimates
StatusFor Sale
Days on market60
Est. value$637,400
Est. rent$2,244/mo
Tax rate0.70%
Price/sqft$433
On marketFeb 5, 2026
PostedFeb 6, 2026
MLS statusActive
MLS updatedFeb 10, 2026
Tour days9
Views281
Favorites3
How are the schools in Ferndale?
3 schools rated nearby
Location
Ferndale, WA, 98248
Price history
9 events
DateEventPrice$/sqftSource
Feb 6, 2026Listed For Sale$649,744$433NWMLS as distributed by MLS GRID
Jan 24, 2023Listing Removed——RE/MAX International
Oct 5, 2022Listed For Sale$830,000$553RE/MAX International
Dec 2, 2017Listing Removed$374,500$250RE/MAX Whatcom County, Inc.
Jun 15, 2017Listed For Sale$374,500$250RE/MAX Whatcom County, Inc.
Mar 14, 2016Listing Removed$1,035$1MMRA Real Estate Management
Feb 29, 2016Listed For Rent$1,035$1MMRA Real Estate Management
Jul 17, 2014Listing Removed$975$1Misty Mountains Realty, LLC
Jun 14, 2014Listed For Rent$975$1Misty Mountains Realty, LLC
Listed For Sale$649,744
Feb 6, 2026•$433/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Jan 24, 2023•RE/MAX International
Listed For Sale$830,000
Oct 5, 2022•$553/sqft•RE/MAX International
Listing Removed$374,500
Dec 2, 2017•$250/sqft•RE/MAX Whatcom County, Inc.
Listed For Sale$374,500
Jun 15, 2017•$250/sqft•RE/MAX Whatcom County, Inc.
Listing Removed$1,035
Mar 14, 2016•$1/sqft•MMRA Real Estate Management
Listed For Rent$1,035
Feb 29, 2016•$1/sqft•MMRA Real Estate Management
Listing Removed$975
Jul 17, 2014•$1/sqft•Misty Mountains Realty, LLC
Listed For Rent$975
Jun 14, 2014•$1/sqft•Misty Mountains Realty, LLC
Tax history
20 years of records
YearTax paidAssessed value
Apr 7, 2024$3,461$461,328
Apr 7, 2023$3,173$455,862
Apr 7, 2022$3,543$432,355
Apr 7, 2021$3,199$357,318
Apr 7, 2020$3,222$330,858
Apr 7, 2019$3,222$288,168
Apr 7, 2018$3,119$263,463
Apr 7, 2017$2,399$230,885
Apr 7, 2016$2,798$234,439
Apr 7, 2015$2,464$220,609
Apr 7, 2014$2,464$216,076
Apr 7, 2013$2,471$213,146
Apr 7, 2012—$213,146
Apr 7, 2011—$213,146
Apr 7, 2010—$217,861
Apr 7, 2009$2,269$232,645
Apr 7, 2008$2,375$232,645
Apr 7, 2007$2,375$232,645
Apr 7, 2005$327$104,480
Apr 7, 2004$327$25,080
Nearby homes
Neighborhood details
Local context around this listing
Ferndale, WA • Whatcom County
Nearby cities
AcmeBellinghamBlaineCusterDemingFerndaleLyndenMaple Falls
Nearby zip codes
98248
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Based on information submitted to the MLS GRID as of 2026-04-07 04:43:30 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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