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.
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
Est.:
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
- 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#: 2360799

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
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