Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2518037MLS Provider

7245 Kickerville RoadFerndale, WA 98248

Multi-Family · 8 Beds · 2,523 Sq. ft. | 9.74 Acres
$1,600,000 Active

7245 Kickerville Road Overview

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Great Investment!! BRAND NEW SEPTIC!!! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!

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7245 Kickerville Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,523
  • Price/Sq.ft. $634
  • Lot 9.74 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Ferndale
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 5280
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 197400
  • Insurance Expense: 6000
  • Net Operating Income: 168642
  • Total Expenses: 22836
  • Total Monthly Income: 16450
  • Water/Sewer/Garbage: 5328

Building Information

  • New Construction: No
  • Year Built: 2010

Location/Region

  • Country: US
  • County Or Parish: Whatcom
  • MLS Area Major: 870 - Ferndale/Custer
  • Subdivision Name: Ferndale

Tax Information

  • Tax Annual Amount: $6,228.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry
  • Parcel Number: 3901054744600000
  • Possible Use: Residential
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 3

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2523
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2523
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Pillar/Post/Pier, Slab, Tie Down
  • Heating: Yes
  • Leasable Area: 0
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Propane
  • Security Features: Fully Fenced
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Open Space
  • Lot Size Acres: 9.74
  • Lot Size Square Feet: 424274
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
  • Elevation Units: Feet
  • Water Source: Community

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood Products
  • Number Of Units Total: 6
  • Sewer: Septic Tank

Unit Information

Unit 6 Details

  • Actual Rent: 1650

Unit 3 Details

  • Actual Rent: 2000
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2275
  • Beds Total: 3
  • Baths Total: 2

Unit 4 Details

  • Actual Rent: 2500

Unit 2 Details

  • Actual Rent: 2800
  • Beds Total: 3
  • Baths Total: 2

Unit 5 Details

  • Actual Rent: 725

7245 Kickerville Road Neighborhood

Community

98248 (Ferndale) Demographics

38
Median Age
363
Population Density (per sq. mile)
43%
College Educated
$71,164
Estimated Median Income
7,040
Estimated Total Home Owners
2,365
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7245 Kickerville Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7245 Kickerville Road Market Data

Based on the last 30 days in this zip code

$722,542
Average List Price
$358
Average Price per Square Foot
27
Properties Sold
77
Average Days on Market
139
Properties for Sale
Calculations provided by Reliance Network

7245 Kickerville Road History

Date Event Value Agent
5/20/2026Source: NWMLS Added to Database
May 20, 2026
6/20/2022Source: NWMLS Added to Database
March 25, 2022
5/20/2022Source: NWMLS Status Change
Sold
4/6/2022Source: NWMLS Status Change
Pending
3/28/2022Source: NWMLS Status Change
Contingent