2340 Main St

4
Baths
3,208 Sq. Ft.
$277 / Sq. Ft.
3,208
Sq. Ft.
$277
per Sq. Ft.

Description

Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant seeking supplemental rental income. All four units are consistently occupied and thoughtfully designed with 2 bedrooms, 1 bathroom, and private decks for added outdoor living space. Durable vinyl siding offers low-maintenance ownership while maintaining attractive curb appeal. Conveniently located near...Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant seeking supplemental rental income. All four units are consistently occupied and thoughtfully designed with 2 bedrooms, 1 bathroom, and private decks for added outdoor living space. Durable vinyl siding offers low-maintenance ownership while maintaining attractive curb appeal. Conveniently located near schools, parks, employment centers, shopping, and everyday amenities, this property continues to attract long-term tenants. A rare chance to secure a stable, cash-flowing multi-family investment with strong long-term potential!
  1. Listed by Dennis Folk • Terrafin
    P: (253)-466-3736 dennis@terrafinre.com

Property Details for 2340 Main Street

Community Name
Ferndale
School District
Ferndale
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
06-05-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 06/05/2026 03:46 PM

Property Details for 2340 Main Street

StatusActive
MLS #2535257
Days on Market2
Cumulative Days on Market2
Taxes$5,101 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1991
Lot Size0.20 AC / 8,712 SF
CountyWhatcom County

Location

Listing Courtesy of Terrafin
Add your commute

Building Information for 2340 Main Street

Stories2Residences4Year Built1991Building Size-Lot Size0.20 AC / 8,712 SF

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$4,430

Property Taxes

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Property Information for 2340 Main Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Hot Tub/Spa
  • Area: 870 - Ferndale/Custer
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Horizon Mid
  • High School: Ferndale High
  • Effective Year Built Source: Public Records
  • Directions: I 5 to Ferndale main exit. go west on Main. No sign.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
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: Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • Spa: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8636
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: county records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1991
  • Photos Count: 5
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: county records
  • Parcel Number Free Text: 3902191860100000
  • Calculated Square Footage: 3208
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3208.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 26542
  • Gross Adjusted Income: 67800
  • Gross Rent Multiplier: 12.4
  • Gross Scheduled Income: $67,800
  • Insurance Expense: $3,347
  • Net Operating Income: $41,257
  • Other Expenses: $9,458
  • Total Monthly Income: 5650
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 815
  • Rent Unit 1: $1,300.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 815
  • Rent Unit 2: $1,400.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 815
  • Rent Unit 3: $1,450.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 815
  • Rent Unit 4: $1,550.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3208.0

Property History for 2340 Main Street

DateEvent & SourcePriceAppreciation
Jun 5, 2026

Listed (Active)

NWMLS #2535257

$889,000
DateEvent & SourcePrice
06/05/2026

Listed (Active)

NWMLS #2535257

$889,000

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

Public Records for 2340 Main Street

Taxable ValueLand$201,663Additions$480,886Total$682,549
Tax Record2025$5,113 ($426 / month)
Home Facts
Baths4Total Finished SqFt3,208 SqFtAbove Ground SqFt3,208 SqFtLot Size8,751 SqFtStyleQuadraplexYear Built1991ZoningRM1.5CountyWHATCOMAPN390219 186010 0000

Schools near 2340 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

2340 Main Street is a multi-family home for sale in Ferndale, WA 98248. This property was listed for sale on June 5, 2026 by Terrafin, it's currently listed at $889,000. This listing's school district is Ferndale School District. Nearby schools include Eagleridge Elementary School, Horizon Middle School and Ferndale High School. 2340 Main Street is a 8-bed, 4-bath, 3,208 sqft multi-family home built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Terrafin

Based on information submitted to the MLS GRID as of 06/05/2026 03:46 PM. 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.