Skip main navigation
Active
  • Listed by: 

    Kyle H. Martin,

    Muljat Group,

    Kyle Coston,

    Muljat Group

    Price cut: $50K (5/27)
    $1,575,000

    1848 Eastgate Loop, Ferndale, WA 98248

    12beds
    8baths
    5,616sqft
    : 
    Quadruplex
    Built in 2020
    -- sqft lot
    $1,538,000 Zestimate®
    $280/sqft
    $40/mo HOA

    What's special

    Primary suiteWalk-in closetEnsuite bathHigh-end finishesPrivate deckStainless steel appliancesExtra room for storage
    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.
    76 days
    on Zillow
    |
    145
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 29, 2025 at 05:28pm

    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 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Heating
    • Ductless, Electric
    Cooling
    • Ductless
    Features
    • Flooring: Laminate, Vinyl Plank, 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
    • Patio & porch: Laminate
    • 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: $280/sqft
    • Tax assessed value: $1,361,610
    • Annual tax amount: $10,465
    • Date on market: 4/18/2025
    • Listing terms: Cash Out,Conventional,VA Loan
    • Cumulative days on market: 77 days
    • Loading
    • Loading