2002 2008 Cherry Street, Ferndale, WA 98248
Property image
Property image
FOR SALE
0.27 ACRES
Listed by Lilia Orlova, RE/MAX Whatcom County, Inc.

$3,500,000

  • 32 Beds
  • 24 Baths
  • 13,972 sqft (on 0.27 acres)

2002 2008 Cherry Street, Ferndale, WA 98248

Est. Mortgage $20,352/mo*
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Home Highlights

Multi-Family
Built in 2018
0.27 acre lot
$251/sqft
22 Parking Spaces

Local Information

  • Map ViewExplore the area around 2002 2008 Cherry Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

ONE-OF-A-KIND BOARDWALK/RIVERFRONT 8-PLEX! Rare opportunity to own two separate 4-plexes offered together as an exceptional 8-unit multifamily property in the heart of Ferndale. Centrally located alongside the Boardwalk and river, next to the park and close to restaurants, schools, shopping, and other amenities. Each spacious unit is approximately 1,800 sq. ft. with 4 bedrooms and 3 bathrooms, plus large balconies/decks offering beautiful river and mountain views. Additional features include easy-care laminate flooring, walk-in closets and covered parking beneath the units. A STANDOUT FEATURE IS THE ATTACHED MOTHER IN LAW SUITE IN EVERY UNIT, CONNECTED BY DOUBLE DOORS. This unique and versatile space offers exceptional flexibility for multigenerational living, guests, a home office or potential additional income. With spacious floor plans, covered parking and an incredible riverfront setting, this property offers far more than a traditional multifamily investment. Two 4-plexes, eight spacious units and a truly one-of-a-kind boardwalk/riverfront location make this a rare Ferndale opportunity!

Home Details for 2002 2008 Cherry Street

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 32Number of Bathrooms: 24
Dimensions and Layout
Living Area: 13972 Square Feet
Heating & Cooling
Heating: Wall Furnace,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Company: PSE
Windows, Doors, Floors & Walls
Flooring: Vinyl Plank
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Vinyl Plank
View
Has a ViewView: River

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Poured Concrete
Parking & Garage
Number of Carport Spaces: 20Number of Covered Spaces: 20Open Parking Spaces: 2No CarportNo Open ParkingParking Spaces: 22
Frontage
Road Frontage: AlleyNot on Waterfront
Water & Sewer
Sewer: Sewer Connected
Farm & Range
Does Not Include Irrigation Water Rights
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 9Days on Market: 19

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: 5-9 Units
Building
Construction Materials: Cement/Concrete, Wood Products
Property Information
Condition: Very GoodUsage of Home: Multi-Family, ResidentialParcel Number: 3902291214010000

Price & Status

Price
List Price: $3,500,000Price Per Sqft: $251
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: FerndaleCommunity: Ferndale
School Information
High School: Ferndale HighHigh School District: Ferndale

Agent Information

Listing Agent
Listing ID: 2572813

Building

Building Area
Building Area: 13972 Square Feet

Community

Not Senior CommunityUnits in Building: 8

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 0.27 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional, FHA

Miscellaneous

Mls Number: 2572813Offer Review: Seller intends to review offers upon receiptWater ViewWater View: RiverShowing Requirements: Appointment Only, Call Listing Office

Additional Information

Internet Entire Listing Display YN C

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.
  • Joe Mauermann
    "We have friendly neighbors and we all get along and help each other. It is safe enough for the kids to play in the street and we all look out for one another."
  • Washkows
    "We’ve lived here for years and love it. The neighbors know one another and many of us are close friends."
  • Ireneeturner
    "Front porch decorating contest in Halloween, summer events put on by the city. My neighborhood has started a summer potluck to get to know neighbors. "
  • Sam sherman
    "pioneer days, farmers market, many social.events during the spring summer and fall. Lots of nice folks, but watch out for drivers who dont yield to pedestrians."
  • Trulia User
    "Easy to get around. Safe to drive. Little traffic. There are buses if you don’t have a car. Uber and cabs too."
  • Gonefishinagain
    "No access to public transportation. Car dependent, motorcycle or bicycle commutes possible. A no traffic commute. "
  • Amy
    "If you can handle the slow drivers with that already slow speed limit then you’re in the perfect town :-)"
  • Rachel H.
    "None, we don’t have community events. People are busy spending family time and working. This is very typical of the PNW. It works for everyone."
  • Brice.knight86
    "We have town hall meetings every month as well as get togethers during the summer time. I recommend this community to anyone who enjoys golfing, swimming and being close to the bay."
  • Joedaken
    "Safe community, and for the most part people drive slow, but very little room to walk along the street."
  • Joedaken
    "Very family-friendly community and hardly any serious crime makes this an ideal place to raise kids. Also quick access to mall, airport and downtown without much traffic."
  • gailc_1103
    "Everywhere. You can take them to stores church’s restaurants there are at least 3 parks where they can go"
  • gailc_1103
    "Easy peasy and fast too. It’s a residential with minimum apartments. It’s very quiet. It is clos to P.D., Library, grocery shopping and on the bus line. "
  • Debra k.
    "I've lived here for almost 10th years, people are friendly and they're is a strong sense of community"
  • Seahorsemuzak
    "Ferndale is pretty quiet. Sandy Point is amazing. I feel Main Street could use some work still. ............."
  • Kathy L.
    "Neighborhood is a mile away from downtown Ferndale with plenty of shopping. Bellingham proper is about 5-10 minutes away, with hospital also within that distance."
  • Christine J. C.
    "Ferndale is a great place to live and super schools and great people"

Market trends in Ferndale

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$628K
$9K
MoM
Sale-to-List Price
Price per sq ft
$342
$12
MoM
Available listings
132
8
MoM

Home Value

Trulia Estimate
$3.32M
Since last month
Decreased$112K (-3.3%)
Since last year
Decreased$112K (-3.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -3% in the last 10 years
MonthEstimated value
2026
September 2026$3.32M
August 2026$3.43M

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.62
Multi-Family Home
$1,050,000
10/01/25
8
12
4,426
0.08
Multi-Family Home
$375,000
01/29/26
3
2
1,032
0.85
Multi-Family Home
$1,090,000
12/12/25
8
8
4,928
0.92
Multi-Family Home
$950,000
04/20/26
8
4
3,260
1.51
Multi-Family Home
$1,525,000
01/30/26
12
12
5,616
1.49
Multi-Family Home
$1,579,000
12/15/25
12
12
5,616
0.55
Multi-Family Home
$595,800
05/26/26
-
1,960
0.78
Multi-Family Home
$457,000
11/07/25
2
2.5
1,340
1.54
Multi-Family Home
$825,000
10/22/25
6
6
2,832

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$378,400
3
2
1,032
Off Market
0.08
$375,000
3
2
1,032
Recently Sold
0.13
$567,900
4
2
1,869
Off Market
0.15
$530,000
4
2.5
2,272
Recently Sold
0.16
$136,000
-
-
-
Recently Sold
0.18
$308,200
2
2
782
Off Market
0.19
$330,000
3
2
1,135
Recently Sold
0.20
$295,100
2
2
782
Off Market
0.21
$129,900
-
-
-
For Sale
0.23
-
-
-
-
Off Market
0.26
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Aug 25, 2026
Source: NWMLS as distributed by MLS GRID #2572813
Listed For Sale
$3,500,000

LGBTQ Local Legal Protections

Lilia Orlova, RE/MAX Whatcom County, Inc.
Based on information submitted to the MLS GRID as of 2026-09-13 00:44:28 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

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Frequently asked questions about 2002 2008 Cherry Street

  • What is the estimated monthly payment for 2002 2008 Cherry Street?
    Based on a $3,500,000 list price with 20% down at today's rates, the estimated monthly payment for 2002 2008 Cherry Street in Ferndale, WA is approximately $20,979 (about $18,862 principal & interest, $2,042 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2002 2008 Cherry Street compare to homes in Ferndale?
    2002 2008 Cherry Street in Ferndale, WA is listed at $3,500,000, about 457% above the $628K median sale price in Ferndale.
  • What do residents say about Ferndale?
    Residents describe Ferndale, WA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Ferndale, WA.
  • What are the closest schools to 2002 2008 Cherry Street?
    The closest schools to 2002 2008 Cherry Street in Ferndale, WA are Central Elementary School (Pre-K, rated 6/10), Ferndale High School (rated 5/10), Vista Middle School (rated 6/10).
  • Does 2002 2008 Cherry Street have parking?
    Yes, 2002 2008 Cherry Street in Ferndale, WA has on-site parking.
2002 2008 Cherry Street, Ferndale, WA 98248 is a 32 bedroom, 24 bathroom, 13,972 sqft multi-family built in 2018. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Aug 25, 2026. The MLS # for this home is MLS# 2572813.