5870 Portal Way, Ferndale, WA 98248 (MLS # 2490543)
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Listing provided courtesy of Northwest MLS; eXp Realty
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Prime High Density Multifamily Development Opportunity Positioned for efficient infill development, this 16,988 square foot (0.39-acre) parcel offers a rare opportunity in Ferndale's Residential Multifamily High (RMH) zone, allowing 15 or more units per acre and building heights up to 55 feet. The site features a functional, buildable footprint with approximately 78 feet of frontage and 247 feet of depth, providing flexibility for a well-designed multifamily project. Conceptual planning supports a three-story apartment development in the 9 to 10 unit range, totaling approximately 12,000 square feet, with parking in the range of 16 to 20 stalls achievable through an efficient site layout. This property is well suited for developers seeking a high-density infill opportunity with a clear path to development and flexibility in design, including townhomes, small-scale multifamily, or a hybrid concept. With minimal excess land and a layout that naturally supports development, this is a strong opportunity for builders targeting a clean, efficient, and profitable project. Buyer to verify all development potential, density, parking, and design requirements with the City of Ferndale.
| LAST UPDATED | 3/19/2026 | TRACT | Ferndale |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Ferndale |
| COUNTY | Whatcom | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AREA | 870 - Ferndale/Custer |
|---|---|
| HEAT | None |
| LOT | 0.39 acre(s) |
| LOT DESCRIPTION | Paved, Sidewalk |
| MLS STATUS | Active |
| STYLE | 40 - Res-Less thn 1 Ac |
| SUBDIVISION | Ferndale |
| TAXES | 2022 |
| UTILITIES | Electricity Connected, Natural Gas Available |
| ZONING | Commercial,Multi-Family |
| 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 3/20/26 5:27 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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