Listing provided courtesy of RE/MAX Whatcom County, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2477921
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This well-located fourplex includes six dedicated parking spaces and sits just off Main Street, north of Grant’s Burgers — a strong rental corridor with consistent tenant demand.
Aerial picture of 5660 Eagle's roof, lot size and parking lot
5660 Eagle Place offers a rare 4-unit multifamily asset with immediate income and upside. Unit #1 (front unit – light on in photo) has been fully remodeled and is rent-ready, with a new tenant scheduled to begin in March. The remaining three units are already leased, delivering stable, in-place cash flow from day one.
An ideal addition to a growing portfolio: stabilized income, recent improvements, and prime location fundamentals.
Unit #1 is the lower right unit, recently remodeled, enhancing rental appeal and supporting strong market rents. All 4 units feature private back decks that overlook greenery and landscaped space rather than neighboring buildings — a valuable tenant amenity that adds a sense of privacy, improves livability, and supports long-term tenant retention.
Floor plan of main level brand new remodeled Unit 1. Unit 2-4 are identical floorplans yet Units 3 & 4 have vaulted ceilings.
Welcoming Entry - Unit #1 has been completely remodeled down to the studs, offering a true “like-new” asset within the fourplex.
Unit #1 - Extensive capital improvements include all new windows, updated plumbing and electrical, brand-new appliances, and a fully renovated kitchen and bathroom.
Unit #1 - major components and finishes replaced, this unit minimizes near-term maintenance expenses while supporting premium rental positioning and long-term durability.
Unit #1 Kitchen, windows, appliances, cabinets/cupboards - a strong value-add component already executed for the next owner.
View from Unit #1 kitchen to living room slider (new as well)
Kitchen of Unit #1 - Notice the closed closet doors to your right where the Washer/Dryer and hot water tank are.
Kitchen of Unit #1 - Opened closet doors showing washer/dryer (all new)
Unit #1 - new washer/dryer and hot water tank
Unit #1 - From the living room, looking back towards the entry on the left, kitchen on the right. New heaters, windows, window coverings, fan/lights, etc
Virtually staged Unit #1 - Entry, kitchen, dining area
Unit #1 - From the living room, closet space to your left and plenty of closet storage down along the entry hallway
Unit #1 - Looking towards the storage closets, kitchen and the bathroom (center left)
Unit #1 - dining area & living room
Unit #1 - Living room to slider & deck and hallway at center to 2 bedrooms
Unit #1 - Living room & deck (left) & bathroom (right)
Unit #1 - Virtual staged living room
Unit #1 - Living room, dining & kitchen
Unit #1 - looking back to front door from slider/deck
Unit #1 - has large new windows letting in that south side sun. New eating bar off kitchen counter too!
Unit #1 - Ready for new Tenants!
Unit #1 - Bedroom 1 of 2. This one looks over the parking lot to the east.
Unit #1 - Bedroom 1 of 2. Virtual Stage
Unit #1 - Bedroom 1 of 2. ALL new doors!!
Unit #1 - Brand new bathroom! Tub/shower, toilet, sink/vanity, lighting & flooring - a strong value-add component already executed for the next owner.
Unit #1 - Bedroom 2 of 2. Window looks out to green space.
Unit #1 - Bedroom 2 of 2. Virtual stage.
Unit #1 - Bedroom 2 of 2.
Unit #1 - Back to the living room from the bedroom/bathroom hallway.
Unit #1 - Back deck looking over green space
Unit #1 - Back deck. Showing all new windows and slider.
Locations within this corridor are consistently sought after, making this a fundamentally sound multifamily investment in a proven rental pocket of Ferndale.
Strategically positioned just off Main Street in Ferndale, 5660 Eagle Place benefits from consistent tenant demand driven by its proximity to major city amenities. Walking, short-drive to shopping, dining, services, etc enhances rental appeal - supports strong occupancy trends.
5660 Eagle PlaceFerndale, WA 98248
Multi-Family · 8 Beds · 3,208 Sq. ft. | 0.24 Acres$879,000
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5660 Eagle Place Overview
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Best Value 4-Plex in Ferndale - $879,000. This is one of the best 4-plex opportunities in Ferndale for investors who understand value-add potential. With one fully renovated & RENTED unit already completed (Unit 1), the path to increased income is demonstrated —not theoretical. Each unit offers a functional 2-bedroom, 1-bath layout with private decks, while upper units feature vaulted ceilings that enhance tenant appeal and livability. The property has a strong rental history and remains consistently occupied, supported by its cul-de-sac location and proximity to schools, parks, and key commuter routes. What sets this asset apart is the built-in upside: one unit fully upgraded, three remaining units offering clear opportunity for future rent increases through light, interior cost-effective improvements. Six off-street parking spaces and a well-maintained structure further support long-term performance. For investors comparing options, this property stands out as a strategic play—buy at today’s adjusted price, stabilize, and grow income over time. In a market where fully “maxed-out” properties leave little room to improve returns, this one gives you control of the upside from day one.
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5660 Eagle Place Facts & Features
- Type Multi-Family
- Sq. ft. 3,208
- Price/Sq.ft. $274
- Lot 0.24 Acres
Details
General
Association/HOA
- Association Fee: $0.00
- Association Fee Frequency: Not Applicable
School Information
- School District: Ferndale
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Ferndale High
Income/Expenses
- Other Expense: 8376
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 65700
- Insurance Expense: 2124
- Net Operating Income: 39913
- Total Expenses: 21845
- Total Monthly Income: 3925
- Water/Sewer/Garbage: 5632
Building Information
- Building Name: Eagle Park Terrace
- New Construction: No
- Year Built: 1991
Location/Region
- Country: US
- County Or Parish: Whatcom
- MLS Area Major: 870 - Ferndale/Custer
- Subdivision Name: Ferndale
Tax Information
- Tax Annual Amount: $5,713.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 3902303175230000
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3208
- Building Area Units: Square Feet
- Calculated Square Footage: 3208
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3208
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 6
- Parking Uncovered Total: 6
Lot Information
- Irrigation Water Rights: No
- Lot Features: Cul-De-Sac, Dead End Street, Paved
- Lot Size Acres: 0.24
- Lot Size Square Feet: 10454
- Lot Size Units: Square Feet
- Site Features: Deck, High Speed Internet, Patio
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Metal/Vinyl
- Number Of Units Total: 4
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1275
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1325
- Beds Total: 2
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1325
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1550
- Beds Total: 2
- Baths Total: 1
5660 Eagle Place 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
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.5660 Eagle Place Monthly Cost
5660 Eagle Place 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
5660 Eagle Place History
| Date | Value | Agent |
|---|---|---|
| 6/19/2026Source: NWMLS | $879,000 -1.8% |
|
| 3/31/2026Source: NWMLS | $895,000 -2.7% |
|
| 2/24/2026Source: NWMLS | February 24, 2026 |