5786 Portal Way

Ferndale, WA 98248

$965,000
Price
6
Beds
6
Baths
3,304 Sq. Ft.
$292 / Sq. Ft.
3,304
Sq. Ft.
$292
per Sq. Ft.
a view of a house with a cars park
a view of a house with a patio
a car parked in front of a white house
a living room with furniture and a book shelf
a living room with furniture and a book shelf
a view of a livingroom with furniture and floor to ceiling window
a living room with furniture and a flat screen tv
a view of a dining room with furniture and wooden floor
a kitchen with stainless steel appliances granite countertop a table chairs and a refrigerator
a view of a dining room with furniture and wooden floor
a kitchen with a sink stove and cabinets
a kitchen with stainless steel appliances granite countertop a refrigerator sink stove and microwave
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a close view of washer and dryer
a view of a livingroom with an empty space and closet area
a view of workspace with windows cabinet
a bathroom with a sink a toilet and a mirror
a bedroom with a bed and a flat screen tv
a bed sitting in a spacious bedroom next to a window
a view of a two chairs in the balcony
a view of a house with a yard and sitting area
a front view of a house with a yard
a view of a house with a yard and a large tree
a view of a backyard
Listing provided courtesy of Windermere Real Estate Whatcom

Description

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. Take advantage of recent interest...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. Take advantage of recent interest rate drops, today!
  1. Listed by Brent McMillan • Windermere Real Estate Whatcom

Property Details for 5786 Portal Way

Community Name
Ferndale
School District
Ferndale
Number of Assigned Spaces
5
Total Covered Parking
0
Entry Date
05-15-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/19/2025 12:59 PM

Property Details for 5786 Portal Way

StatusActive
MLS #2376574
Days on Market233
Cumulative Days on Market225
Taxes$5,014 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2006
Lot Size0.22 AC / 9,583 SF
CountyWhatcom County

Location

Listing Courtesy of Windermere Real Estate Whatcom
Add your commute

Building Information for 5786 Portal Way

Stories2Residences3Year Built2006Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$5,186 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,768

Property Taxes

$418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5786 Portal Way

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Fenced-Fully, High Speed Internet, Patio, Sprinkler System
  • Area: 870 - Ferndale/Custer
  • Directions: Address is GPS friendly
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • 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, Carpet
  • Amenities: Fire Sprinklers
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: City of Ferndale
  • Water Company: City of Ferndale
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 24
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3902202341190000
  • Calculated Square Footage: 3304
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3304.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8776
  • Gross Adjusted Income: 57420
  • Gross Rent Multiplier: 15.92
  • Gross Scheduled Income: $60,600
  • Insurance Expense: $3,762
  • Net Operating Income: $43,434
  • Other Expenses: $0
  • Total Monthly Income: 5050
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1100
  • Rent Unit 1: $1,750.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $1,600.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1100
  • Rent Unit 3: $1,700.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3304.0

Property History for 5786 Portal Way

DateEvent & SourcePriceAppreciation
May 15, 2025

Listed (Active)

NWMLS #2376574

$965,000—
Jun 29, 2018

Sold

NWMLS #1305138

$525,000—
Jun 19, 2018

Sold (Public Record)

Public Record #625974406

$525,000

+11.7% / yr

Jun 8, 2018

Pending

NWMLS #1305138

—
Jun 4, 2018

Listed (Active)

NWMLS #1305138

$525,000—
Feb 18, 2016

Sold

NWMLS #800101

$405,000—
Feb 12, 2016

Sold (Public Record)

Public Record #566074683

$405,000

-1.6% / yr

Dec 9, 2015

Pending

NWMLS #800101

—
Jun 8, 2015

Listed (Active)

NWMLS #800101

$415,000—
Mar 23, 2006

Sold

NWMLS #26021808

$475,000—
Mar 17, 2006

Sold (Public Record)

Public Record #193765140

$475,000

+192.6% / yr

Feb 27, 2006

Pending

NWMLS #26021808

—
Feb 13, 2006

Listed (Active)

NWMLS #26021808

$475,000—
Jul 19, 2004

Sold (Public Record)

Public Record #140528997

$80,000—
DateEvent & SourcePrice
05/15/2025

Listed (Active)

NWMLS #2376574

$965,000
06/29/2018

Sold

NWMLS #1305138

$525,000
06/19/2018

Sold (Public Record)

Public Record #625974406

$525,000

+11.7% / yr

06/08/2018

Pending

NWMLS #1305138

—
06/04/2018

Listed (Active)

NWMLS #1305138

$525,000
02/18/2016

Sold

NWMLS #800101

$405,000
02/12/2016

Sold (Public Record)

Public Record #566074683

$405,000

-1.6% / yr

12/09/2015

Pending

NWMLS #800101

—
06/08/2015

Listed (Active)

NWMLS #800101

$415,000
03/23/2006

Sold

NWMLS #26021808

$475,000
03/17/2006

Sold (Public Record)

Public Record #193765140

$475,000

+192.6% / yr

02/27/2006

Pending

NWMLS #26021808

—
02/13/2006

Listed (Active)

NWMLS #26021808

$475,000
07/19/2004

Sold (Public Record)

Public Record #140528997

$80,000

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

Public Records for 5786 Portal Way

Taxable ValueLand$220,000Additions$437,778Total$657,778
Tax Record2024$4,928 ($411 / month)
Home Facts
Total Finished SqFt3,304 SqFtAbove Ground SqFt3,304 SqFtStories2Lot Size9,374 SqFtStyleTriplexYear Built2006ZoningRM1.5CountyWHATCOMAPN390220 234119 0000

Schools near 5786 Portal Way

This home is within Ferndale School District.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - PK 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
Central Elementary School
PublicPK 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 5786 Portal Way, Ferndale, WA 98248

5786 Portal Way is a multi-family home for sale in Ferndale, WA 98248. This property was listed for sale on May 15, 2025 by Windermere Real Estate Whatcom, it's currently listed at $965,000. It has been on the market for a total of 233 days and was last sold on June 29, 2018. This listing's school district is Ferndale School District. Nearby schools include Central Elementary School, Vista Middle School and Ferndale High School. 5786 Portal Way is a 6-bed, 6-bath, 3,304 sqft multi-family home built in 2006.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Windermere Real Estate Whatcom

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/03/2026 06:34 AM. 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.