5870 Portal Way, Ferndale, WA 98248

Property Description

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.

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 3:20PM

Listing Office:

eXp Realty : 888-877-9315

Listing Agent:

Tim Cornwell : 888-877-9315

MLS ID:

2490543

Interior

• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Exterior

• Improvements: Outbuilding(s)

Construction

• General: 42 - Multi-Family

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Ferndale
• County: Whatcom

Lot

• Topography: Level
• Zoning: 3902202302480000

Utilities

• Utilities: Electricity ConnectedNatural Gas AvailableElectricity on Property
• Water: On Property
• Sewer: On Property

Financial

• Source: nwmls