5696-5698 2ND AVENUE

FERNDALE, WASHINGTON

 
 

WELCOME TO 5696-5698 2ND AVENUE

Incredible investment opportunity in Ferndale! Tucked at the end of a dead-end street and close to schools, parks, and downtown, this duplex sits on a lot zoned for up to SIX units, providing cash flow now and tons of future upside. Site features two fully rented, standalone units and completed dirt-work for additional units behind. Alley access and private parking spots accommodates up to 12 vehicles, paving the path to bring this property to its highest potential. 5698 (left side unit) is a 2-bed/1-bath unit while 5696 (right side) is a 1/1 with a 200sqft storage area below and a partially finished office above, plumbed for a bathroom. 600sqft shop can be used for storage or removed to put in additional units. 5698 built in 2004 + 5696 was finished in 2025. Both units in excellent shape, with LVP flooring, and are individually metered. Excellent current tenants, too. A rare, affordable opportunity for immediate rental income and significant development potential!

LISTED AT $649,744

 
SCHEDULE A PRIVATE SHOWING

  • 2 BED + 1 BATH UNIT

  • 1 BED + 1 BATH UNIT

  • 600 SQFT SHOP

  • .4 ACRE LOT

  • BUILT IN 2004

  • MLS #2475460

PHOTO GALLERY

 
 

HOUSE FEATURES

  • THE HOME

    • BUILT IN 2004

    • COMPOSITION ROOF

    • ELECTRIC

    • $3,461 PROPERTY TAXES (2025)

    SCHOOLS

    • CENTRAL ELEMENTARY SCHOOL

    • VISTA MIDDLE SCHOOL

    • FERNDALE HIGH SCHOOL

SUPPLEMENTS

 
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LEGAL DESCRIPTION