6048 Portal Way, Ferndale, WA 98248 (MLS # 2578502)
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Listing provided courtesy of Northwest MLS; 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!
| LAST UPDATED | 9/4/2026 | TRACT | Ferndale |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Ferndale |
| COUNTY | Whatcom | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Cascadia Elem |
|---|---|
| Jr. High School | Vista Mid |
| High School | Ferndale High |
| ADDITIONAL DETAILS | |
| AREA | 870 - Ferndale/Custer |
|---|---|
| HEAT | None |
| LOT | 4.54 acre(s) |
| LOT DESCRIPTION | Level |
| MLS STATUS | Active |
| STYLE | 42 - Multi-Family |
| SUBDIVISION | Ferndale |
| TAXES | 2575.34 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/5/26 5:08 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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