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.
Active
Listed by: Pacific Continental Realty LLC • Kenneth C Coonc
$16,350,000
1655 Main Street, Ferndale, WA 98248
--beds
--baths
--sqft
Multi Family
Built in 2024
-- sqft lot
$15,580,200 Zestimate®
$--/sqft
$-- HOA
What's special
Large windowsEfficient floor plansLaminate flooringSpacious common areasAir conditioning
- --
- on Zillow
- 85
- views
- 9
- saves
Zillow last checked:
Listing updated:
Listed by:
Kenneth C Coonc,
Pacific Continental Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2475761
Facts & features
Interior
Heating
- Ductless, Electric
Cooling
- Ductless
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 70
- Uncovered spaces: 70
Lot
- Size: 1.41 Acres
Details
- Parcel number: 3902280915210000
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Cement Planked, Cement Plank
- Roof: Composition,Metal
Condition
- Very Good
- New construction: Yes
- Year built: 2024
- Major remodel year: 2024
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Ferndale
Location
- Region: Ferndale
Financial & listing details
- Tax assessed value: $10,071,574
- Annual tax amount: $82,790
- Date on market: 2/2/2026
- Listing terms: Conventional
Estimated market value
$15,580,200
$14.80M - $16.36M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Listed for sale | $16,350,000 |
Source:  NWMLS as distributed by MLS GRID #2475761 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $82,790 +17% | $10,071,574 +6.6% |
| 2024 | $70,789 +627.9% | $9,448,246 +575.5% |
| 2023 | $9,725 +78.9% | $1,398,804 +110.8% |
| 2022 | $5,435 | $663,650 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 98248
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