Date
Details
Price
Change
Source
9/04/2026
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,395,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 6048 Portal Way
General
- Price: $1,395,000
- Taxes: $2,575 (2026)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2578502
- Updated: 9/4/2026
- Added to Site: 1 day(s) ago
Location
- Area: 870 - Ferndale/Custer
- County: Whatcom
- Subdivision: Ferndale
- Driving 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.
School Information
- High School District: Ferndale
- Elementary School: Cascadia Elem
- Middle School: Vista Mid
- High School: Ferndale High
Utilities
- Sewer: Available
- Water: Available
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Structure Type: None
Lot Features
- Lot Size (Acres): 4.54
- Lot Size (Sq. Ft.): 197,762
- Lot Size Source: Assessor
- Street/Road Desc.: Access Easement, Paved, Privately Maintained, Recorded Maint. Agrm
- Topography: Level
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $2,575.34
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 3902203744700000
Listed by Troy C. Muljat | Muljat Group | (360) 733-3030
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Price & Sales History for 6048 Portal Way
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,780Sq. Ft.
Listed by John Angier (360) 527-6606
- Single Family
- Active
- Updated 3 hours ago
- 4Beds
- 4Total Baths
- 2,152Sq. Ft.
Listed by Joseph Hoppis | ENRG Realty and Christopher McCoy | ENRG Realty
- Industrial
- Active
- Updated 5 days ago
Listed by Chet E. Kenoyer | Windermere RE Whatcom, Inc. and Gina L. Harris | Windermere RE Whatcom, Inc.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 1,848Sq. Ft.
Listed by Donnie Rubenack | Bellwether Real Estate
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- Land Residential
- Active
- Updated 3 days ago
- 14.72Acres
Listed by Shannon Medearis | HomeSmart One Realty
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 3,044Sq. Ft.
Listed by Paul Balzotti | John L. Scott Bellingham and Danielle Howell | John L. Scott Bellingham
- Manufactured Home
- Active
- Updated 2 hours ago
- 2Beds
- 1Total Bath
- 930Sq. Ft.
Listed by Christy Khalaf | Keller Williams Realty PS
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 1,324Sq. Ft.
Listed by Sam Everton | HomeSmart One Realty
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,744Sq. Ft.
Listed by Doug M. Nesbit | Windermere RE Whatcom, Inc.
Sold by Ann Wark | Compass
Sold by Ann Wark | Compass
- Single Family
- Closed
- 5Beds
- 4Total Baths
- 2,749Sq. Ft.
Listed by Brad Stave | Keller Williams Rty Tacoma
Sold by Shenandoah Myrick | BHHS Bayside Realty
Sold by Shenandoah Myrick | BHHS Bayside Realty
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,555Sq. Ft.
Listed by Carmen Andrew | RE/MAX Whatcom County, Inc. and Sydney Weitzel | RE/MAX Whatcom County, Inc.
Sold by Nick Gerisilo | John L. Scott, Inc
Sold by Nick Gerisilo | John L. Scott, Inc
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,154Sq. Ft.
Listed by Derek Buse | Compass
Sold by Jay Dhindsa | RE/MAX Whatcom County, Inc.
Sold by Jay Dhindsa | RE/MAX Whatcom County, Inc.
6048 Portal Way, Ferndale, WA 98248 (MLS# 2578502) is a Multi-Family property with a lot size of 4.54 acres. 6048 Portal Way is currently listed for $1,395,000 and was received on September 04, 2026. Want to learn more about 6048 Portal Way? Do you have questions about finding other Multi-Family real estate for sale in Ferndale? You can browse all Ferndale real estate or contact a Coldwell Banker agent to request more information.