6048 Portal Way, Ferndale, WA 98248

Ferndale
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: troy c. muljat
Office: muljat group
MLS#:2578502
Source:NWMLS
6048 Portal Way,Ferndale, WA 98248
$1,395,000
  • 4.54 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,395,000

About this home

4.54-acre multifamily development site on Portal Way in Ferndale, with quick access to I-5. Site plans have already been prepared for a proposed five-story, 21,780 SF multifamily building with surface parking, stormwater vault, and modular wetland treatment. The property sits in a fast-growing submarket, with the immediate area projected to grow more than 4% annually through 2031! The area draws a mix of renter profiles. Household incomes across the area run above county norms, supporting strong achievable rents. A strong multifamily development opportunity for a developer, builder, or investor!

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Home facts

  • Subdivision & Development:Ferndale
  • Listing ID #:2578502
  • Updated:September 05, 2026 at 11:33 AM

Structure and exterior

  • Lot area:4.54 Acres

Schools

  • High school:Ferndale High
  • Middle school:Vista Mid
  • Elementary school:Cascadia Elem

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$1,395,000
  • Tax amount:$2,575 (2026)
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