6048 Portal Way
Ferndale, WA 98248
$1,395,000
MLS# NWM2578502
4.54
Acres
14
Days Listed
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!
Listing Updated: Sep 4, 2026, 6:41 PM UTC
Photos Updated: Sep 4, 2026
OnSite last checked: Sep 17, 2026, 8:53 PM UTC|Source: NWMLS as Distributed by MLS Grid #NWM2578502
Listing provided courtesy of Northwest MLS. Information contained herein is derived from different sources but has not been independently verified by OnSite Real Estate Group, MLS Grid, or the MLS, and should be verified by the buyer. 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 or agent presenting the information.
Property Details
Comparable Sales
5 similar nearby properties
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Comparable sales are selected by Repliers.io based on proximity, size, and type — they are not part of the NWMLS listing data for this property.
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Listed By
Questions? Contact OnSite
André Bohall
WA Lic. #25031564 · OnSite Real Estate Group
Listing data provided by NWMLS as distributed by MLS Grid. Data last refreshed: Sep 17, 2026, 8:53 PM UTC.
Based on information submitted to the MLS Grid as of Thu, Sep 17, 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.
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, 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.
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