6048 Portal Way Ferndale, WA $ 1,395,000
6048 Portal Way
$ 1,395,000
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6048 Portal Way

Ferndale, WA, 98248
$ 1,395,000
Baths0.0

Monthly Estimate*

$ 8,808

Listed by Muljat Group
6048 Portal Way, Ferndale, WA 98248 - Image 1
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Studio

Lots and Land for sale in Ferndale, WA

for $1,395,000. The lot size is 4.54.

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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Lots and Land Active

Price

$ 1,395,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,575

Style

Multi-Family

Lot Size

4.54

Town/City

Ferndale

County/Region

Whatcom

MLS | Web ID

2578502

Features
General
Living Area 0
Sewer Available
Utilities Electricity Available Natural Gas Available
Possession Closing
HOA Fee 0
Topography Level
Property Subtype Land
Tax Year 2026
County Whatcom
Property Type Land
HOA N
Subdivision Name Ferndale
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Take I-5 to Exit 263 (Portal Way). Head north on Portal Way about 1.5 miles. Property is on the right just south of Newkirk Rd.
High School Ferndale High
City Ferndale
Senior Community Y/N N
High School District Ferndale
Zoning Description Multi-Family
MLS Area 870 - Ferndale/Custer
Lot Size Units Square Feet
Lot Size Square Feet 197762
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Cascadia Elem
Tax Annual Amount 2575.34
Middle/Junior High School Vista Mid
Public Remarks 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
Structure Type None
Building Area Units Square Feet
Standard Status Active
Gas Status Available
Property Style 42 - Multi-Family
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Available
Building Area Total 0
Lot Size Acres 4.54
Road Surface Type Paved
Waterfront Y/N N
Road Responsibility Private Maintained Road Road Maintenance Agreement
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2578502
Street Number 1 6048
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* Excluded Features
List By
Troy C. Muljat

Listing Agent

Muljat Group

Broker

Affordability Calculator

$9,023
Per Month
98%
2%
0%
Monthly Principal & Interest
$8,808
Monthly Property Taxes
$215
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4634804 Elementary School
257050 Middle School
Ferndale High High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,395,000 Listed Price

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6048 Portal Way, Ferndale, WA, 98248 is a Lots and Land for sale at $1,395,000 with a lot size of 4.54. 6048 Portal Way is a studio with 0.0 baths. The property's zip code is 98248 which is in Ferndale, WA