- 0
- 2
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
No HOA
Street View
Listed by: Troy C. Muljat (360) 820-2000 | Muljat Group (360) 733-3030
$1,395,000
Monthly Est:$6,943
-- Bed
-- Bath
4.54acres lot
6048 Portal Way, Ferndale, WA 98248
$1,395,000
$6,943/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
4.54 acres lot
$307,269/acre
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!
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 1:13 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2578502
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
4.54 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2578502
MLS Status
Active
Days on Market
28
Cumulative Days on Market
27
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Available
Utilities & Energy
Water Source
Available
Utilities
Electricity Available, Natural Gas Available
Other Features
Subdivision Name
Ferndale
Price History
| Date | Event | Price |
|---|---|---|
09/04/2026 Source: | Listed for Sale | $1,395,000 +86.25% $0/sqft |
04/02/2021 Source: | Price Increased | $749,000 +304.86% $0/sqft |
05/23/2015 Source: | Sold | $185,000 $0/sqft |
Nearby Homes
Find Homes by Property Features in Ferndale, WA
Nearby New Homes For Sale
Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
Advertising Broker: Christy Lee-Naumann (267) 341-8337 | Houzeo Brokerage LLC