Date
Details
Price
Change
Source
8/24/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$395,000 Just Listed
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Property Description
Fantastic multifamily development opportunity in the heart of downtown Ferndale. The value is in the land, with architectural and civil design complete for a 9-unit apartment building with an optional retail component along the 3rd Avenue frontage. The completed design work is included in the sale, offering significant time and cost savings for a future developer. City of Ferndale Urban Residential (UR) zoning provides flexibility for mixed commercial and/or high-density residential development. Conveniently located within walking distance of shopping, restaurants, and grocery stores, with quick access to I-5, this property is well positioned for strong long-term rental demand. The existing 2-bedroom home, 2-car garage, and two outbuildings are in need of updating and would require rehabilitation if a buyer intends to preserve and utilize the existing improvements.
Full Property Details
Full Property Details for 5709 3rd Ave
General
- Price: $395,000
- Taxes: $2,808 (2026)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2572744
- Updated: 8/24/2026
- Added to Site: 2 day(s) ago
Additional Information
- Improvements: Driveway, Dwelling, Fenced-Partially, Garage, Outbuilding(s)
Parking
- Garage: Yes
- Parking Features: Garage
Location
- Area: 870 - Ferndale/Custer
- County: Whatcom
- Subdivision: Ferndale
- Driving Directions: From the I-5, Exit 263 toward Portal Way. At the traffic circle, exit onto Portal Way. At the traffic circle, exit onto 2nd Ave/Portal Way. 2nd Ave curves into Washington St. Turn left onto 3rd Ave
School Information
- High School District: Ferndale
Utilities
- Electric Available: Yes
- Sewer: In Street, On Property
- Water: Available, In Street, On Property, See Remarks
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Structure Type: None
Lot Features
- Property View: City, Mountains, See Remarks, Territorial
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size Source: Assessor
- Street/Road Desc.: Paved
- Topography: Level
- Lot Features: Curbs, Paved, Sidewalk
- Zoning: Multi-Family, Residential
Financial Considerations
- Tax Amount: $2,808
- Tax Year: 2026
- Terms: Cash, Conventional, Rehab Loan, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 3902201050040000
Listed by Mike Kooy | Windermere RE Whatcom, Inc. | (360) 354-4455
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Schools
Schools serving 5709 3rd Ave
School District:Ferndale School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Ferndale, WA 5610 2nd Avenue, Ferndale, WA 98248 | PK-5 | 0.3 mi |
Vista Middle School 6051 Vista Drive, Ferndale, WA 98248 | 6-8 | 0.8 mi |
Ferndale High School 5830 Golden Eagle Drive, Ferndale, WA 98248 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5709 3rd Ave
Estimate the Cost
Estimate the Cost for 5709 3rd Ave
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,400Sq. Ft.
Listed by Michelle R Harrington | Compass
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 2,204Sq. Ft.
Listed by Lyle Sorenson | Windermere RE Whatcom, Inc.
- Multi-Family
- Active
- Updated 5 days ago
Listed by Kimberly Secord | Bellwether Real Estate and Emelie Goodman | Bellwether Real Estate
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- Manufactured Home
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,404Sq. Ft.
Listed by Stacey Carroll | Muljat Group
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,324Sq. Ft.
Listed by Sam Everton | HomeSmart One Realty
- Single Family
- Active
- Updated 14 hours ago
- 4Beds
- 4Total Baths
- 2,971Sq. Ft.
Listed by Heather Taylor | Compass
- Single Family
- Active
- Updated 5 hours ago
- 3Beds
- 3Total Baths
- 1,680Sq. Ft.
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- Single Family
- Closed
- 2Beds
- 1Total Bath
- 716Sq. Ft.
Listed by Rick Lopes | Keller Williams Western Realty and Don Hale | Keller Williams Western Realty
Sold by Rainy Fackler-Adams | eXp Realty
Sold by Rainy Fackler-Adams | eXp Realty
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 752Sq. Ft.
Listed by Sean Ryan | NextHome Northwest Living
Sold by Chris Boyd | Compass
Sold by Chris Boyd | Compass
- Condo
- Closed
- 2Beds
- 2Total Baths
- 873Sq. Ft.
Listed by JoJo San Nicolas | eXp Realty
Sold by Richard E Crane | Keller Williams Western Realty
Sold by Richard E Crane | Keller Williams Western Realty
- Single Family
- Closed
- 2Beds
- 2Total Baths
- 1,133Sq. Ft.
Listed by Kari Davis | BHHS Bayside Realty
Sold by Chuck Occhiogrosso
Sold by Chuck Occhiogrosso
5709 3rd Avenue, Ferndale, WA 98248 (MLS# 2572744) is a Multi-Family property with a lot size of 0.19 acres. 5709 3rd Avenue is currently listed for $395,000 and was received on August 24, 2026. Want to learn more about 5709 3rd Avenue? 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.