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$1,546,000

  • Sold
  • Closed
  • Multi-Family

Listed by Kyle H. Martin | Muljat Group | (360) 733-3030 and Kyle Coston | Muljat Group | (360) 733-3030
Sold by Jeff Engen | MJB Real Estate Group

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Modern 4-plex built in 2020 with strong rental history, low vacancy, and high-end finishes throughout. Each unit features quartz countertops, soft-close cabinets, stainless steel appliances, and LVP flooring. Second level offers an open layout with kitchen, private deck, living room, and half bath. All bedrooms and laundry are on the top floor; primary suite includes ensuite bath and walk-in closet. Ground floor includes a full-size 2-car garage that has has extra room for storage, including exterior access door. Turnkey investment in a prime location with 6.43%CAP / 13.67 GRM. A rare opportunity with reliable cash flow and minimal maintenance.

Full Property Details for 1848 Eastgate Loop

General

  • Sold For: $1,546,000
  • HOA FEE: $40/month
  • HOA FEE FREQ.: Annually
  • Taxes: $10,465 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2360799
  • Added to Site: 273 day(s) ago

Interior

  • Flooring: Laminate, Vinyl Plank, Carpet

Parking

  • Covered Spaces: 8

Location

  • Area: 870 - Ferndale/Custer
  • County: Whatcom
  • Subdivision: Ferndale
  • Building Name: East Gate
  • Driving Directions: I-5N-Portal Wy Exit#263. Right/NE onto Portal Wy. Right on Eastgate Loop and then left.

School Information

  • High School District: Ferndale
  • Elementary School: Cascadia Elem
  • Middle School: Vista Mid
  • High School: Ferndale High

Community

  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Ductless, Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Cement Planked, Wood
  • Foundation: Slab
  • Roof: Composition
  • Stories in Building: 3
  • Square Feet: 5,616
  • Year Built: 2020
  • Property Condition: Very Good

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,019
  • Lot Size Source: Assessor
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • Zoning: Multi-Family

Financial Considerations

  • Association Fee: $480
  • Assoc Fee Freq.: Annually
  • Tax Amount: $10,465.73
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3902173150890000
  • Lot Number: 12

Listed by Kyle H. Martin | Muljat Group | (360) 733-3030 and Kyle Coston | Muljat Group | (360) 733-3030
Sold by Jeff Engen | MJB Real Estate Group

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1848 Eastgate Loop

School District:Ferndale School District
NameGradesDistance
Cascadia Elementary School
6175 Church Road, Ferndale, WA 98248
PK-51.6 mi
Vista Middle School
6051 Vista Drive, Ferndale, WA 98248
6-80.9 mi
Ferndale High School
5830 Golden Eagle Drive, Ferndale, WA 98248
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1848 Eastgate Loop

Date
Details
Price
Change
Source
10/01/2025
Sold
$1,546,000
-1.84%
MLS
5/27/2025
Price Reduced
$1,575,000
-3.08%
MLS
4/18/2025
Listed
$1,625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Kyle H. Martin | Muljat Group | (360) 733-3030 and Kyle Coston | Muljat Group | (360) 733-3030
Sold by Jeff Engen | MJB Real Estate Group

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Recent Sales near 1848 Eastgate Loop

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1849 Eastgate Loop, Ferndale, WA 98248 - Photo 1 Sold
$1,546,000

1849 Eastgate Loop  Ferndale, WA 98248

  • Multi-Family
  • Closed
Listed by Kyle H. Martin | Muljat Group and Kyle Coston | Muljat Group
Sold by Jeff Engen | MJB Real Estate Group
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1848 Eastgate Loop, Ferndale, WA 98248 (MLS# 2360799) is a Multi-Family property that was sold at $1,546,000 on October 01, 2025. Want to learn more about 1848 Eastgate Loop? Do you have questions about finding other Multi-Family real estate for sale in Ferndale? You can browse all Ferndale real estate or contact a Coldwell Banker agent to request more information.