Estimated payment $5,820/month
Welcome to 5786 Portal Way, a multi-family Tri-Plex situated in Ferndale boasting 2 bed/2 bath and over 3,300 total sqft. Each unit has all appliances including W/D. Interior is in fantastic condition. Ample parking and ZERO vacancy over a 6 year current ownership. Fantastic tenants who are individually metered and fire sprinkled. Tenants cover their own utilities. Rents are under market value and leases available upon request. Close to Ferndale bus lines and amenities.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2376574
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Flooring
Bedrooms and Bathrooms
Parking
Outdoor Features
Utilities
Community Details
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,576 | $668,689 | $213,400 | $455,289 |
| 2023 | $4,576 | $657,778 | $220,000 | $437,778 |
| 2022 | $4,629 | $625,634 | $140,445 | $485,189 |
| 2021 | $4,662 | $517,052 | $116,070 | $400,982 |
| 2020 | $4,514 | $478,764 | $107,475 | $371,289 |
| 2019 | $3,472 | $416,989 | $93,608 | $323,381 |
| 2018 | $4,049 | $381,241 | $85,583 | $295,658 |
| 2017 | $3,367 | $334,099 | $75,000 | $259,099 |
| 2016 | $3,157 | $300,529 | $69,451 | $231,078 |
| 2015 | $3,166 | $282,614 | $65,753 | $216,861 |
| 2014 | -- | $276,873 | $64,260 | $212,613 |
| 2013 | -- | $273,300 | $63,000 | $210,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $965,000 | +83.8% | $292 / Sq Ft |
| 06/29/2018 06/29/18 | Sold | $525,000 | 0.0% | $159 / Sq Ft |
| 06/08/2018 06/08/18 | Pending | -- | -- | -- |
| 06/04/2018 06/04/18 | For Sale | $525,000 | +29.6% | $159 / Sq Ft |
| 02/18/2016 02/18/16 | Sold | $405,000 | -2.4% | $123 / Sq Ft |
| 12/09/2015 12/09/15 | Pending | -- | -- | -- |
| 06/08/2015 06/08/15 | For Sale | $415,000 | -- | $126 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance | |
| Warranty Deed | $525,000 | Chicago Title Inc | |
| Warranty Deed | $405,000 | Whatcom Land Title | |
| Warranty Deed | $475,280 | Stewart Title Company | |
| Warranty Deed | $80,000 | First American Title Insuran |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $454,000 | New Conventional | |
| Previous Owner | $324,000 | Commercial | |
| Previous Owner | $320,000 | Construction |
$950,000
Excellent investment opportunity at 5863 Cedar Street in Ferndale, WA.This well-maintained tri-plex offers 2,440 square feet of living space on an 8,276 square foot lot. Built in 2007 with a durable metal roof added in 2019, the property is fully tenant-occupied, providing immediate rental income. Located in a desirable area, this is a low-maintenance, turnkey investment you won’t want to miss.
Tony Hoefakker COMPASS
$960,000
2021 build, low-maintenance townhome style duplex in Ferndale! Mirrored layout, with 3BR/2.5BTH/1416 SQ FT on each side. 5 minutes to downtown Ferndale, shopping, restaurants, and 2 minutes to I-5. Located halfway between Bellingham and the Canadian border and 15 minutes to BP! Unit 102 renewed for another year and Unit 101 lease is up in June - could be owner occupied or increase rent. Showings
Leo Cohen Bellingham Real Estate Company
$1,199,000
This updated, centrally located home lives like a country estate. The main home is mostly one-level, with a dream kitchen -- two islands, high-end finishes, carved Italian hood above commercial 6-burner gas range (with hybrid oven)! The open layout allows for warm group get-togethers & private meditative spaces inside and out. The wrap-around, expansive deck is wired for live musicians;
Melissa Schapiro eXp Realty
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2376574
APN: 390220-234119-0000
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.