OFF MARKET

Listed by Ron Young • Muljat Group. Bought with Windermere RE Whatcom, Inc.

Off market jan 2016 for $300K

$626,530

Est. refi paymentEst. refi $1,815/mo

—

•

— ba

•

2,160

sq ft

7354 N Enterprise Rd, Ferndale, WA 98248

About this home

Four-plex rental unity in central country. Basically no vacancy in last 8 years (other than a few days between tenants). Mostly long-term tenants. Three of the units have been updated and renovated. Aprox. half of lot is rented out for horse pasture. Coin-op laundry services all tenants. Ample parking. Owner manages property. Cap rate 6.8%+. Private well water system monitored / testing approved. Oversized septic has O&M inspection approval. Well draining, sandy loam soil.

Multi-familyProperty Type

1973Year Built

1.1 acresLot Size

$290Est. Price/Sq.Ft.

8 spacesParking

Listed by Ron Young • Muljat Group

Bought with Marvin Van Mersbergen • Windermere RE Whatcom, Inc.

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #800224

Redfin Estimate

$626,530

$327K since sold in January 2016$12K since October

Recently sold homes
Estimate history

This home's estimate is 12.1% lower than the average sale price ($713K) of 6 comparable homes.

SOLD BY REDFIN MAY 27, 2026
$665,000
A
3 beds2.5 baths1,779 sq ft
1684 Brookwood Dr, Ferndale, WA 98248
Listing provided by nwmls
SOLD MAR 10, 2026
$773,000
B
3 beds2.5 baths2,166 sq ft
7163 Ashley Ct, Ferndale, WA 98248
Listing provided by nwmls
SOLD AUG 17, 2026
$953,500
C
4 beds3 baths2,009 sq ft
673 Schultz Dr, Bellingham, WA 98226
Listing provided by nwmls
SOLD DEC 17, 2025
$654,900
D
3 beds3 baths1,915 sq ft
1997 Conifer Dr, Ferndale, WA 98248
Listing provided by nwmls
SOLD APR 21, 2026
$680,000
E
3 beds2.5 baths1,852 sq ft
6012 Portal Way, Ferndale, WA 98248
Listing provided by nwmls
SOLD MAY 1, 2026
$550,000
F
4 beds2 baths2,292 sq ft
7999 Rathbone Rd, Ferndale, WA 98248
Listing provided by nwmls

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Earn from this home

Sell

$396,802

Est. take-home

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Est. cash available

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Market trends in 98248, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.4%

0.5% MoM

Median sale price

$650K

$5K MoM

Avg. days on market

25d

8 days MoM

Recently sold homes

7 MoM

New listings for sale

OPEN SAT, 12PM TO 2PM
$649,000
5 beds3 baths2,581 sq ft
6204 Pacific Heights Dr, Ferndale, WA 98248
Genaro Shaffer • Bellwether Real Estate
$379,000
2 beds1 bath1,005 sq ft
5687 Rosemary Ave, Ferndale, WA 98248
Chuck Occhiogrosso • Coldwell Banker Bain
LISTED BY REDFIN
$640,000
3 beds1.5 baths1,104 sq ft
6115 Shelby Ct, Ferndale, WA 98248
Redfin
NEW
$495,000
2 beds2 baths1,760 sq ft
7461 Guide Meridian, Lynden, WA 98264
Lindsay Rohweder • RE/MAX Whatcom County, Inc.
NEW
$675,000
4 beds2 baths2,018 sq ft
6120 Malloy Ave, Ferndale, WA 98248
Sean Jeffrey • RE/MAX Whatcom County, Inc.
$850,000
4 beds2 baths2,675 sq ft
4149 Saltspring Dr, Ferndale, WA 98248
Torrey Daniels • John L. Scott Bellingham
3D WALKTHROUGH
$399,000
3 beds1.5 baths1,472 sq ft
2085 Cottage Pl, Ferndale, WA 98248
Michelle Harrington • COMPASS
$1,288,888
5 beds6 baths4,256 sq ft
6868 Vista Dr, Ferndale, WA 98248
Sam Randhawa • Doug Freeman Real Estate
OPEN SAT, 1PM TO 3PM
$625,000
3 beds2.5 baths1,580 sq ft
5484 Blue Sky Way, Ferndale, WA 98248
Amy Solodyankin • Buck Real Estate
$568,000
4 beds2 baths2,072 sq ft
5791 Legoe Ave, Ferndale, WA 98248
Luis Herrera • RE/MAX Whatcom County, Inc.
See all

Provided by Redfin

Sale history for 7354 N Enterprise Rd

Date

Event

Price

Jan 26, 2016

Sold

Public Records

$300,000

$139/sq ft

Jan 27, 2016

Delisted

NWMLS as Distributed by MLS Grid #800224

—

Jan 27, 2016

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #800224

$300,000

$139/sq ft

Jul 7, 2015

Pending

NWMLS as Distributed by MLS Grid #800224

—

Jul 2, 2015

Relisted (Active)

NWMLS as Distributed by MLS Grid #800224

—

Jun 23, 2015

Pending

NWMLS as Distributed by MLS Grid #800224

—

Jun 8, 2015

Listed (Active)

NWMLS as Distributed by MLS Grid #800224

$295,000

$137/sq ft

Nov 26, 1997

Sold

Public Records

$137,500

$64/sq ft

Mar 30, 1990

Sold

Public Records

$78,000

$36/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,063 (+3.8%)

$258,743 + $243,926

$502,669

2025

$3,916 (+4.2%)

$258,743 + $243,926

$502,669

2024

$3,758 (−8.0%)

$289,940 + $234,544

$524,484

2023

$4,083 (+14.3%)

$289,940 + $234,544

$524,484

2022

$3,573 (+7.2%)

$197,637 + $294,735

$492,372

2021

$3,333 (−2.5%)

$156,853 + $233,914

$390,767

2020

$3,420 (+24.8%)

$132,926 + $198,232

$331,158

2019

$2,740 (+1.8%)

$112,110 + $167,189

$279,299

2017

$2,692 (−3.7%)

$101,000 + $150,621

$251,621

2016

$2,796 (+3.4%)

$106,151 + $115,358

$221,509

2015

$2,704

$108,735 + $108,498

$217,233

2014

$2,702 (+0.6%)

$106,425 + $106,193

$212,618

2013

$2,685 (−2.4%)

$106,425 + $106,193

$212,618

2011

$2,751 (+0.7%)

$110,000 + $109,760

$219,760

2010

$2,731 (+0.5%)

$132,000 + $125,160

$257,160

2009

$2,719

$132,000 + $125,160

$257,160

Tax history for 7354 N Enterprise Rd

Year

Property tax

Land + Additions

Assessment*

2026

$4,063 (+3.8%)

$258,743 + $243,926

$502,669

2025

$3,916 (+4.2%)

$258,743 + $243,926

$502,669

2024

$3,758 (−8.0%)

$289,940 + $234,544

$524,484

2023

$4,083 (+14.3%)

$289,940 + $234,544

$524,484

2022

$3,573 (+7.2%)

$197,637 + $294,735

$492,372

2021

$3,333 (−2.5%)

$156,853 + $233,914

$390,767

2020

$3,420 (+24.8%)

$132,926 + $198,232

$331,158

2019

$2,740 (+1.8%)

$112,110 + $167,189

$279,299

2017

$2,692 (−3.7%)

$101,000 + $150,621

$251,621

2016

$2,796 (+3.4%)

$106,151 + $115,358

$221,509

2015

$2,704

$108,735 + $108,498

$217,233

2014

$2,702 (+0.6%)

$106,425 + $106,193

$212,618

2013

$2,685 (−2.4%)

$106,425 + $106,193

$212,618

2011

$2,751 (+0.7%)

$110,000 + $109,760

$219,760

2010

$2,731 (+0.5%)

$132,000 + $125,160

$257,160

2009

$2,719

$132,000 + $125,160

$257,160

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

1.01 Acres

Year renovated

—

Sq. Ft.

2,112

Year built

1973

Style

Multi-Family (2-4 Unit)

County

Whatcom County

APN

4002325510750000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 23, 2026.

R5A

Rural District

The purpose of the Rural District is to maintain the low density rural residential character of the areas designated as rural and rural neighborhood on the Comprehensive Plan map and implement the Comprehensive Plan policies that define the rural character in Whatcom County in accordance with RCW 36.70A.070(5). In addition, it is the intent of this district to allow a variety of low intensity uses that are compatible and complementary with the conservation of agricultural, forestry and related uses.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Student
Public service
Recreation
Park & open space

Property details

Parking

Parking Information
Parking Uncovered Spaces: 8
Open Parking Spaces: 8
Has Open Parking

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet

Multi-Family Financial Information
Fuel Expense: $180
Electric Expense: $336
Insurance Expense: $659
Net Operating Income: $20,115
Gross Adjusted Income: 24990
Gross Scheduled Income: $25,500
Total Monthly Income: 2125
Gross Rent Multiplier: 12
Total Expenses: 4875

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
Vacancy Rate: 2
# of Units (Total): 1
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Has View

Land Information
Possible Use: Residential

Lot Information
MLS Lot Size Source: Assessor
Site Features: Cable TV,Fenced-Partially,High Speed Internet
Zoning Jurisdiction: County
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 1.1
Lot Size Dimensions: 378 x 125
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,704
Tax Year: 2015

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash

Utilities

Utility Information
Water Source: See Remarks, Shared Well
Water Company: Group B Well
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Cable Connected, High Speed Internet, Septic System, Electric
Water Sewer Garbage: 996

Location

School Information
High School District: Ferndale

Location Information
Directions: I-5 to Grandview Exit, east to Enterprise Rd., left (north) about 2 miles to #7354

Community Information
Amenities: Coin Op Laundry,Thermal Windows

Public facts

Beds: —
Baths: 4.0
Sq. Ft.: 2,112
Stories: —
Lot Size: 1.01 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1973
Year Renovated: —
County: Whatcom County
APN: 4002325510750000

Home facts updated by county records on Oct 23, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Monday, June 8, 2015

Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2160
Building Area Total: 2160
Building Area Units: Square Feet
Foundation Details: Poured Concrete, Slab
Structure Type: Quadruplex
Stories Total: 1

Around this home

Schools

K - 12
Preschool & daycare

Custer Elementary School

Public K-5 • Assigned • 3.0mi

4/10

Horizon Middle School

Public 6-8 • Assigned • 4.0mi

6/10

Ferndale High School

Public 9-12 • Assigned • 4.0mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 83° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

10 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Ferndale, WA • 98248

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 7.4 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

7.4 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$596,000 – $721,000

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Home values near 7354 N Enterprise Rd

Data from public records.

Address	Redfin Estimate
7339 N Enterprise Road, Ferndale, WA 3 Beds \| 2 Baths \| 1456 Sq. Ft.	$548,730
7365 N Enterprise Road, Ferndale, WA 4 Beds \| 2 Baths \| 2176 Sq. Ft.	$743,649

Address	Redfin Estimate
7349 N Enterprise Road, Ferndale, WA 6 Beds \| 1 Baths \| 1008 Sq. Ft.	$381,925
7411 N Enterprise Road, Ferndale, WA 3 Beds \| 1 Baths \| 1104 Sq. Ft.	$729,569

Address	Redfin Estimate
7396 N Enterprise Road, Ferndale, WA 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$477,086
7348 N Enterprise Road, Ferndale, WA 2 Beds \| 1 Baths \| 576 Sq. Ft.	—

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2015. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98248, WA

Sale history for 7354 N Enterprise Rd

Tax history for 7354 N Enterprise Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98248

Home values near 7354 N Enterprise Rd

More real estate resources