1655 Main St

Ferndale, WA 98248

$16,350,000
Price
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a view of a city
a view of lake with mountain
a view of a city
a view of a building with a tv
Listing provided courtesy of Pacific Continental Realty LLC

Description

New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate...New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR.

Property Details for 1655 Main Street

Community Name
Ferndale
School District
Ferndale
Number of Assigned Spaces
70
Total Covered Parking
0
Entry Date
10-01-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/01/2025 11:48 AM

Property Details for 1655 Main Street

StatusActive
MLS #2440160
Days on Market75
Cumulative Days on Market385
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size1.41 AC / 61,567 SF
CountyWhatcom County

Location

Listing Courtesy of Pacific Continental Realty LLC
Add your commute

Building Information for 1655 Main Street

Stories3Residences-Year Built2024Building Size-Lot Size1.41 AC / 61,567 SF

Payment Calculator

$80,791 per month

30 year fixed, 6.28% Interest

Principal and Interest

$80,791

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1655 Main Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 870 - Ferndale/Custer
  • Effective Year Built Source: See Remarks
  • Directions: Exit 262 heading north, take left at light, head east, property on right about 200 yards from intersection.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 70.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • New Construction: Completed
  • Amenities: See Remarks
  • Cooling: Yes
  • Cooling: Ductless
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition, Metal
Property
Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family
  • Estimated Completion Date: 2024-04-15
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2024
  • Photos Count: 4
Lot Information
  • Lot Size Source: City
  • Parcel Number Free Text: 3902280915210000
  • Building Condition: Very Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 70
  • Number of Stories in Building: 3
  • Number Of Units Total: 0
  • Units Below Grade: false
  • Units In Building Total: 66
Financing / Income and Expenses
  • Total Monthly Income: 99480
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 39226.0

Property History for 1655 Main Street

DateEvent & SourcePriceAppreciation
Oct 1, 2025

Listed (Active)

NWMLS #2440160

$16,350,000—
DateEvent & SourcePrice
10/01/2025

Listed (Active)

NWMLS #2440160

$16,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1655 Main Street

This home is within Ferndale School District.
Rating
School
Type
Grades
Distance
Cascadia Elementary School
Public - K to 5
Vista Middle School
Public - 6 to 8
Ferndale High School
Public - 9 to 12
Ferndale Virtual Academy
Public - K to 12
Rating
School
Distance
Cascadia Elementary School
PublicK to 5

Vista Middle School
Public6 to 8

Ferndale High School
Public9 to 12

Ferndale Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1655 Main Street, Ferndale, WA 98248

1655 Main Street is a multi-family home for sale in Ferndale, WA 98248. This property was listed for sale on October 1, 2025 by Pacific Continental Realty LLC, it's currently listed at $16,350,000. This listing's school district is Ferndale School District. Nearby schools include Cascadia Elementary School, Vista Middle School and Ferndale High School. 1655 Main Street is a 0-bed, 0-bath, multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific Continental Realty LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 04:16 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.