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$1,395,000
38 Days On Site
6048 Portal WayFerndale, WA 98248
For Sale|Land|Active
Cumulative Days On Market:
18
Subdivision:
Ferndale
County:
Whatcom
Courtesy of NWMLS
Listing courtesy of Troy C. Muljat of Muljat Group
Listing courtesy of Troy C. Muljat of Muljat Group




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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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Listing Snapshot
Price
$1,395,000
Days On Site
38 Days
Bedrooms
N/A
Inside Area (SqFt)
0 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
4.54 Acres
Year Built
N/A
MLS® Number
2578502
Status
Active
Property Tax
$2,575.34
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Acres
4.54
Additional Property Use
Multi-Family
Utilities
Electricity AvailableNatural Gas AvailableSewer Available
Zoning
RMM
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Exterior Features
Lot Features
Level
Community Features
MLS Area
870 - Ferndale/Custer
School District
Ferndale
Financing Terms Available
CashConventional
Roads
Paved
Schools
School District
Ferndale
Elementary School
Cascadia Elem
Middle School
Vista Mid
High School
Ferndale High
Courtesy of NWMLS
Listing courtesy of Troy C. Muljat of Muljat Group
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-10-13 12:29 AM PDT
Listing courtesy of Troy C. Muljat of Muljat Group
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-10-13 12:29 AM PDT
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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