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6048 Portal Way, Ferndale, WA 98248

Ferndale
Local realty services provided by:CENTURY 21 Real Estate Center
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:October 26, 2026 at 12:06 PM

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)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 26, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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