Skip main navigation
Active
  • Listed by: 

    Kyle H. Martin,

    Muljat Group,

    Kyle Coston,

    Muljat Group

    $1,625,000

    1848 Eastgate Loop, Ferndale, WA 98248

    12beds
    12baths
    5,616sqft
    : 
    Quadruplex
    Built in 2020
    -- sqft lot
    $1,566,800 Zestimate®
    $289/sqft
    $40/mo HOA

    What's special

    Primary suiteWalk-in closetEnsuite bathPrivate deckStainless steel appliancesSoft-close cabinetsQuartz countertops
    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. Ground floor includes a 2-car garage. 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. Turnkey investment in a prime location with 6.2%CAP / 14.18 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
    8 days
    on Zillow
    |
    97
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 09:28am

    Listed by:

    Kyle H. Martin,

    Muljat Group,

    Kyle Coston,

    Muljat Group

    Source: NWMLS,MLS#: 2360799MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1848 Eastgate Loop.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    Heating
    • Ductless HP-Mini Split, Wall Furnace
    Cooling
    • Ductless HP-Mini Split
    Features
    • Flooring: Laminate, Vinyl Plank, Carpet, Laminate Hardwood, Wall to Wall Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 5,616
    • Total interior livable area: 5,616 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 8
    • Covered spaces: 8
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 10,018.8 Square Feet
    • Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
    Details
    • Parcel number: 3902173150890000
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Cement Planked, Wood Siding, Cement Plank
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 2020

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: City of Ferndale
    • Water: Public, Company: City of Ferndale

    Community & HOA

    Community
    • Subdivision: Ferndale
    HOA
    • HOA fee: $480 annually
    Location
    • Region: Ferndale

    Financial & listing details

    • Price per square foot: $289/sqft
    • Tax assessed value: $1,361,610
    • Annual tax amount: $10,465
    • Date on market: 4/17/2025
    • Listing terms: Cash Out,Conventional,VA Loan
    • Cumulative days on market: 10 days
    • Loading
    • Loading