Sold
Last Sold Price
8 beds8 baths4,928 sqft
2333 Main St, Ferndale, WA 98248
Multi FamilyProperty Type
0.54 acresLot Size
1976Year Built
$221/sq ftPrice per sq ft
12 carsParking Spaces

Description

Excellent investment opportunity in a prime Ferndale location. This 8-unit multifamily property is situated on a private lot with a large off-street parking lot and shared coin-operated laundry for tenant convenience. Consistently strong rental demand in the area offers reliable cash flow. Convenient access to downtown Ferndale, shopping, transit, and I-5 makes this a desirable location for tenants and a smart addition to any investment portfolio. Don’t miss the chance to secure a stable asset in...Excellent investment opportunity in a prime Ferndale location. This 8-unit multifamily property is situated on a private lot with a large off-street parking lot and shared coin-operated laundry for tenant convenience. Consistently strong rental demand in the area offers reliable cash flow. Convenient access to downtown Ferndale, shopping, transit, and I-5 makes this a desirable location for tenants and a smart addition to any investment portfolio. Don’t miss the chance to secure a stable asset in a growing market.
  • Listed by: Renae Ingraham 360.305.3650 renae@bellwetherrealestate.com • Bellwether Real Estate
Listing closed: 12/12/2025 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2401803

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Bellwether Real Estate

Sold By Windermere Real Estate Whatcom

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$6,374 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,819

Property Taxes

$555

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2333 Main Street

Property Details
  • Taxes: $6,655 / year
  • MLS Type: Residential Income
  • Community Name: Ferndale
  • School District: Ferndale
  • View: Territorial
  • Number of Assigned Spaces: 12
  • Total Covered Parking: 0
  • Entry Date: 07-01-2025
  • Energy Source: Electric
  • Sewer: Available
Building Information
  • Stories: 2
  • Residences: 8
  • Year Built: 1976
  • Lot Size: 0.54 AC / 23,522 SF
Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, High Speed Internet
  • Area: 870 - Ferndale/Custer
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: I-5 to Ferndale main exit, W on Main until you come to this address on left hand side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 15.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6607
  • Power Company: PSE
  • Sewer Company: City of Ferndale
  • Water Company: City of Ferndale
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 10
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 3902301985160000
  • Building Condition: Good
  • Calculated Square Footage: 4928
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4928.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 15
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $240
  • Total Expenses: 26323
  • Gross Adjusted Income: 73157
  • Gross Rent Multiplier: 11.66
  • Gross Scheduled Income: $99,480
  • Insurance Expense: $3,211
  • Net Operating Income: $60,640
  • Other Expenses: $9,610
  • Total Monthly Income: 8040
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 616
  • Rent Unit 1: $1,025.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 616
  • Rent Unit 2: $1,025.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 616
  • Rent Unit 3: $1,025.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 5
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 616
  • Rent Unit 4: $1,025.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 4
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 616
  • Rent Unit 5: $1,025.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 616
  • Rent Unit 6: $1,025.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 616
  • Rent Unit 7: $1,025.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 616
  • Rent Unit 8: $1,025.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4928.0

Property History for 2333 Main Street

DateEvent & SourcePriceAppreciation
Dec 12, 2025

Sold

NWMLS #2401803

$1,090,000—
Dec 11, 2025

Sold (Public Record)

Public Record #1923153397

$1,090,000

+12.1% / yr

Oct 8, 2025

Pending

NWMLS #2401803

—
DateEvent & SourcePrice
12/12/2025

Sold

NWMLS #2401803

$1,090,000
12/11/2025

Sold (Public Record)

Public Record #1923153397

$1,090,000

+12.1% / yr

10/08/2025

Pending

NWMLS #2401803

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2333 Main Street

Taxable ValueLand$527,070Additions$360,673Total$887,743
Tax Record2025$6,656 ($555 / month)
Home Facts
Total Finished SqFt4,928 SqFtAbove Ground SqFt4,928 SqFtLot Size23,522 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976Year Renovated1987ZoningRM1.5CountyWHATCOMAPN390230-198516-0000

Schools near 2333 Main Street

This home is within Ferndale School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Eagleridge Elementary School
PublicK to 5

Horizon Middle School
Public6 to 8

Ferndale High School
Public9 to 12

Mountain View Elementary
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 98248

$650,000 | 2465 Cirrus Lane, Ferndale, WA 98248
1/35

$650,000

3
Bedrooms
1,824
Square Feet
0.17
Acres

$275,500

3
Bedrooms
1,703
Square Feet
0.02
Acres
$935,000 | 6620 Trent Lane, Ferndale, WA 98248
1/40

$935,000

4
Bedrooms
3,042
Square Feet
4.92
Acres
$520,000 | 2274 Hawthorne Street, Ferndale, WA 98248
1/32

$520,000

3
Bedrooms
1,540
Square Feet
0.15
Acres
$1,250,000 | 4162 Saltspring Drive, Ferndale, WA 98248
1/39
Virtual Tour

$1,250,000

3
Bedrooms
2,000
Square Feet
0.22
Acres
$899,000 | 4936 Elder Road, Ferndale, WA 98248
1/40

$899,000

3
Bedrooms
2,388
Square Feet
2.24
Acres
$779,000 | 6036 North Star Road, Ferndale, WA 98248
1/40

$779,000

3
Bedrooms
1,650
Square Feet
1.84
Acres
$699,000 | 7017 Yukon Way, Ferndale, WA 98248
1/40

$699,000

3
Bedrooms
1,510
Square Feet
4.73
Acres
$499,900 | 7281 Dahlberg Road, Ferndale, WA 98248
1/24

$499,900

2
Bedrooms
1,193
Square Feet
1.05
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bellwether Real Estate

Based on information submitted to the MLS GRID as of 01/12/2026 04:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.