Listed by Kyle H. Martin, Muljat Group, (360) 733-3030 . Bought with MJB Real Estate Group
1848 Eastgate Loop
Ferndale, WA 98248
- Studio
- 5,616 sqft
$1,546,000
Last Sold: Oct 1, 2025
2% below list $1.57M
$275/sqft
Est. Refi. Payment $8,729/mo*
$1,546,000
Last Sold: Oct 1, 2025
2% below list $1.57M
$275/sqft
Est. Refi. Payment $8,729/mo*
Studio
5,616 sqft
Local Information
-- mins to
Description
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. 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. Ground floor includes a full-size 2-car garage that has has extra room for storage, including exterior access door. Turnkey investment in a prime location with 6.43%CAP / 13.67 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
1848 Eastgate Loop, Ferndale, WA 98248 is a studio, 5,616 sqft multi-family built in 2020. It last sold for $1,546,000 on Oct 1, 2025 (2% below the $1,575,000 asking price). It is currently off market. The Trulia Estimate is $1,567,100, with a rent estimate of $2,323/month.
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
$40/Monthly
Price/Sqft
$275/sqft
Listed
180+ days ago
Last check for updates: about 6 hours ago
Listed by Kyle H. Martin
Muljat Group
Kyle Coston
Muljat Group
Bought with: Jeff Engen, MJB Real Estate Group
Source: NWMLS as distributed by MLS GRID, MLS#2360799

Home Details for 1848 Eastgate Loop
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MLS Status: Sold |
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Dimensions and Layout Living Area: 5616 Square Feet |
Heating & Cooling Heating: Ductless,Wall Unit(s),ElectricHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Ductless |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Company: Puget Sound Energy |
Windows, Doors, Floors & Walls Flooring: Laminate, Vinyl Plank, Carpet |
Levels, Entrance, & Accessibility Number of Stories: 3Floors: Laminate, Vinyl Plank, Carpet |
View Has a ViewView: Territorial |
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Exterior Home Features Roof: CompositionFoundation: Slab |
Parking & Garage Number of Covered Spaces: 8No CarportNo Open ParkingParking Spaces: 8 |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected, Company: City of Ferndale |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 255 |
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Year Built Year Built: 2020 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: QuadruplexArchitecture: Quadruplex |
Building Building Name: East GateConstruction Materials: Cement Planked, Wood Siding, Cement Plank |
Property Information Condition: Very GoodUsage of Home: Multi-FamilyParcel Number: 3902173150890000 |
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Price List Price: $1,575,000Price Per Sqft: $275/sqft |
Status Change & Dates Off Market Date: Wed Oct 01 2025 |
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Direction & Address City: FerndaleCommunity: Ferndale |
School Information Elementary School: Cascadia ElemJr High / Middle School: Vista MidHigh School: Ferndale HighHigh School District: Ferndale |
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Building Area Building Area: 5616 Square Feet |
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Not Senior CommunityUnits in Building: 4 |
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HOA Fee: $480/Annually |
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Lot Area: 10018.8 sqft |
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Special Conditions: Standard |
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Listing Terms: Conventional, VA Loan |
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Mls Number: 2360799Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, See Remarks |
Price History for 1848 Eastgate Loop
| Date | Price | Event | Source |
|---|---|---|---|
| 10/01/2025 | $1,546,000 | Sold | NWMLS as distributed by MLS GRID #2360799 |
| 08/06/2025 | $1,575,000 | Pending | NWMLS as distributed by MLS GRID #2360799 |
| 05/27/2025 | $1,575,000 | PriceChange | NWMLS as distributed by MLS GRID #2360799 |
| 04/18/2025 | $1,625,000 | Listed For Sale | NWMLS as distributed by MLS GRID #2360799 |
| 05/21/2020 | $205,000 | Sold | N/A |
Market trends in Ferndale
Last updated June 2026
Avg. sale price
$627K
$10.58KMoM
Sale-to-List Price
—
Price per sq ft
$336
$22MoM
Available listings
103
1MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $10,471 |
| Assessment | $1,396,964 |
Home facts updated by county records
Comparable Sales for 1848 Eastgate Loop
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $1,525,000 | 01/30/26 | 12 | 12 | 5,616 | |
0.03 | Multi-Family Home | $1,579,000 | 12/15/25 | 12 | 12 | 5,616 | |
0.06 | Multi-Family Home | $825,000 | 10/22/25 | 6 | 6 | 2,832 | |
0.01 | Multi-Family Home | $1,546,000 | 10/01/25 | - | - | ||
1.25 | Multi-Family Home | $1,050,000 | 10/01/25 | 8 | 12 | 4,426 | |
1.08 | Multi-Family Home | $595,800 | 05/26/26 | - | 1,960 | ||
1.64 | Multi-Family Home | $950,000 | 04/20/26 | 8 | 4 | 3,260 | |
1.64 | Multi-Family Home | $1,090,000 | 12/12/25 | 8 | 8 | 4,928 | |
6.61 | Multi-Family Home | $635,000 | 11/05/25 | 4 | 2 | 1,704 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1848 Eastgate Loop.
What Locals Say about Ferndale
At least 62 Trulia users voted on each feature.
90 % Say car is needed
86 % Say it's dog friendly
84 % Say parking is easy
75 % Say yards are well-kept
72 % Say kids play outside
72 % Say there's holiday spirit
71 % Say people would walk alone at night
68 % Say there are sidewalks
65 % Say it's quiet
62 % Say there's wildlife
56 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
49 % Say streets are well-lit
32 % Say it's walkable to grocery stores
31 % Say it's walkable to restaurants
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 1848 Eastgate Loop
Off Market Homes Near 1848 Eastgate Loop

Based on information submitted to the MLS GRID as of 2026-07-12 15:44:28 PDT. 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information

