Listing provided courtesy of Pacific Continental Realty LLCNWMLSas Distributed by MLSGrid- MLS# NWM2475761MLS Provider

1655 Main StreetFerndale, WA 98248

Multi-Family · 1.41 Acres
$16,350,000 Active

1655 Main Street Overview

Visits:
8

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.

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1655 Main Street Facts & Features

  • Type Multi-Family
  • Lot 1.41 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Ferndale

Income/Expenses

  • Total Monthly Income: 99480

Building Information

  • New Construction: Yes
  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Whatcom
  • MLS Area Major: 870 - Ferndale/Custer
  • Subdivision Name: Ferndale

Community/Development

  • Amenities: See Remarks

General Information

  • New Construction: Completed
  • Listing Terms: Conventional
  • Parcel Number: 3902280915210000
  • Possible Use: Multi-Family
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Heating: Yes
  • Leasable Area: 39226
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 3

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 70
  • Parking Uncovered Total: 70

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 1.4134
  • Lot Size Square Feet: 61567
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition, Metal
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement Planked
  • Number Of Units Total: 0
  • Sewer: Sewer Connected

1655 Main Street Neighborhood

Community

98248 (FERNDALE) Demographics

38
Median Age
363
Population Density (per sq. mile)
43%
College Educated
$71,164
Estimated Median Income
7,040
Estimated Total Home Owners
2,365
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1655 Main Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1655 Main Street Market Data

Based on the last 30 days in this zip code

$722,542
Average List Price
$358
Average Price per Square Foot
27
Properties Sold
77
Average Days on Market
139
Properties for Sale
Calculations provided by Reliance Network

1655 Main Street History

Date Event Value Agent
2/2/2026Source: NWMLS Added to Database
February 02, 2026