1825 Eastgate Loop, Ferndale, WA 98248 (MLS # 2439236)
Listing provided courtesy of Northwest MLS; HomeSmart One Realty
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Modern 4-plex investment built in 2020 with excellent rental history and low vacancy. Designed with durability and style, each unit includes quartz countertops, soft-close cabinetry, stainless steel appliances, and luxury vinyl plank flooring. The main living level offers an open-concept kitchen and living room, half bath, and private deck. Upstairs, all bedrooms and laundry are conveniently located, with the primary suite featuring a walk-in closet and ensuite bath. Ground level provides a full two-car garage with additional storage space and exterior access. With reliable cash flow, minimal maintenance, and strong tenant demand, this turnkey property is performing at a 5.9% CAP rate (more if self managed) and 13.59 GRM.
LAST UPDATED | 10/1/2025 | TRACT | Ferndale |
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YEAR BUILT | 2020 | COMMUNITY | Ferndale |
COUNTY | Whatcom | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | Ductless |
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AIR CONDITIONING | Yes |
AREA | 870 - Ferndale/Custer |
CONSTRUCTION | Cement Siding |
HEAT | Ductless , Electric |
HOA DUES | 850 |
LOT | 10454 sq ft |
LOT DESCRIPTION | Paved |
MLS STATUS | Active |
STORIES | 3 |
STYLE | 54 - 4-Plex |
SUBDIVISION | Ferndale |
TAXES | 10470 |
UTILITIES | Sewer Connected |
VIEW | Yes |
VIEW DESCRIPTION | Territorial |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/2/25 12:44 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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