2344 Main St

4
Baths
3,260 Sq. Ft.
$294 / Sq. Ft.
3,260
Sq. Ft.
$294
per Sq. Ft.

Description

Excellent Investment Opportunity – 4-Plex with 2 Bed, 1 Bath Units This well-maintained 4-plex offers an outstanding income stream & is always fully rented, making it a perfect addition to any investment portfolio. Each unit features 2 bedrooms & 1 bathroom, providing comfortable living spaces w/private decks for outdoor enjoyment. The property boasts easy-care vinyl siding, minimizing maintenance while maintaining a clean & modern look. Located in a prime area with convenient access to schools,...Excellent Investment Opportunity – 4-Plex with 2 Bed, 1 Bath Units This well-maintained 4-plex offers an outstanding income stream & is always fully rented, making it a perfect addition to any investment portfolio. Each unit features 2 bedrooms & 1 bathroom, providing comfortable living spaces w/private decks for outdoor enjoyment. The property boasts easy-care vinyl siding, minimizing maintenance while maintaining a clean & modern look. Located in a prime area with convenient access to schools, work, & parks, it offers an ideal living situation for tenants. This is a rare chance to secure a long-term investment in a high-demand location, ensuring consistent rental income for years to come. Don't miss out on this exceptional opportunity!

Property Details for 2344 Main Street

Community Name
Ferndale
School District
Ferndale
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
04-10-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/22/2025 06:13 AM

Property Details for 2344 Main Street

StatusActive
MLS #2357519
Days on Market258
Cumulative Days on Market257
Taxes$4,642 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1991
Lot Size0.24 AC / 10,454 SF
CountyWhatcom County

Location

Listing Courtesy of HomeSmart Real Estate Assoc
Add your commute

Building Information for 2344 Main Street

Stories2Residences4Year Built1991Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$5,126 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,739

Property Taxes

$387

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2344 Main Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
  • Area: 870 - Ferndale/Custer
  • Directions: I 5 to Ferndale main exit. go west on Main until you come to this address on right hand side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • 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: Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4542
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Block
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: appraisal
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 38
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3902191720100000
  • Building Condition: Good
  • Calculated Square Footage: 3260
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3260.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 12010
  • Gross Adjusted Income: 61515
  • Gross Rent Multiplier: 15.75
  • Gross Scheduled Income: $61,515
  • Insurance Expense: $2,826
  • Net Operating Income: $49,505
  • Other Expenses: $0
  • Total Monthly Income: 5725
  • 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: $1,375.00
  • 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: $1,550.00
  • 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: $1,425.00
  • 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: $1,375.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3260.0

Property History for 2344 Main Street

DateEvent & SourcePriceAppreciation
Oct 22, 2025

Price Change

NWMLS #2357519

$959,000
Aug 22, 2025

Price Change

NWMLS #2357519

$969,000
Jul 10, 2025

Price Change

NWMLS #2357519

$985,000
Apr 10, 2025

Listed (Active)

NWMLS #2357519

$989,900
Feb 21, 2014

Sold

NWMLS #583815

$354,900
Feb 12, 2014

Sold (Public Record)

Public Record #410199001

$354,900

+2.6% / yr

Jan 19, 2014

Pending

NWMLS #583815

Jan 19, 2014

Listed (Active)

NWMLS #583815

$389,900
Jan 18, 2014

Pending

NWMLS #583815

Jan 18, 2014

Listed (Active)

NWMLS #583815

$389,900
Jun 12, 2003

Sold (Public Record)

Public Record #127579067

$269,000

+4.1% / yr

Dec 13, 1999

Sold (Public Record)

Public Record #54870908

$233,843
DateEvent & SourcePrice
10/22/2025

Price Change

NWMLS #2357519

$959,000
08/22/2025

Price Change

NWMLS #2357519

$969,000
07/10/2025

Price Change

NWMLS #2357519

$985,000
04/10/2025

Listed (Active)

NWMLS #2357519

$989,900
02/21/2014

Sold

NWMLS #583815

$354,900
02/12/2014

Sold (Public Record)

Public Record #410199001

$354,900

+2.6% / yr

01/19/2014

Pending

NWMLS #583815

01/19/2014

Listed (Active)

NWMLS #583815

$389,900
01/18/2014

Pending

NWMLS #583815

01/18/2014

Listed (Active)

NWMLS #583815

$389,900
06/12/2003

Sold (Public Record)

Public Record #127579067

$269,000

+4.1% / yr

12/13/1999

Sold (Public Record)

Public Record #54870908

$233,843

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

Public Records for 2344 Main Street

Taxable ValueLand$207,900Additions$460,090Total$667,990
Tax Record2024$5,004 ($417 / month)
Home Facts
Baths4Total Finished SqFt3,208 SqFtAbove Ground SqFt3,208 SqFtLot Size10,498 SqFtStyleQuadraplexYear Built1991ZoningRM1.5CountyWHATCOMAPN390219 172010 0000

Schools near 2344 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 - K to 12
Rating
School
Distance
Eagleridge Elementary School
PublicK to 5

Horizon Middle School
Public6 to 8

Ferndale High School
Public9 to 12

Ferndale Virtual Academy
PublicK to 12

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

Similar Sold Homes

2344 Main Street is a multi-family home for sale in Ferndale, WA 98248. This property was listed for sale on April 10, 2025 by HomeSmart Real Estate Assoc, it's currently listed at $959,000. It has been on the market for a total of 258 days and was last sold on February 21, 2014. This listing's school district is Ferndale School District. Nearby schools include Eagleridge Elementary School, Horizon Middle School and Ferndale High School. 2344 Main Street is a 8-bed, 4-bath, 3,260 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 HomeSmart Real Estate Assoc

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 11:54 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.