4648 Phillips Road SE, Port Orchard, WA 98366

$725,000
2,820
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Keller Williams West Sound. Selling Office: Keller Williams Realty.

Sold Price
$725,000
List Price
$725,000
Status
SOLD
MLS#
2380116
Closing Date
Jun 30, 2025
Days on Market
8
Style
52 - Duplex
Building Condition
Average
Finished SqFt
2,820
Area Total SqFt
2820
Annual Tax Ammount
5140
Lot Size (sq ft)
23,522
Sewer
Sewer Connected

Property Description

Prime investment opportunity! Well-maintained 2,820 sq ft duplex (1,410 sq ft per unit). Nestled in a serene setting with over half an acre for privacy, this duplex has a new roof, Hardi-Plank siding, a magical tiny creek running along the back of your partially fenced lot. Each unit features a 2-car garage, 3 bedrooms & 2.5 baths. The main floor has a kitchen, spacious living/dining area with backyard access, garage entry, & a half bath. Upstairs, find all bedrooms, including a primary with 3/4 bath. Laundry in garage. Right hand unit 4646 has been completely remodeled & upgraded with bamboo floors, totally new kitchen with butcher block counter tops & new appliances! Ideal for investors or owner-occupants seeking comfort & convenience.

Additional Information

List Date
2025-06-22 00:00:00
Community
Parkwood
Net Operating Income
$43,975
Gross Adjusted Income
$52,200
Gross Scheduled Income
$52,200
Total Monthly Income
$4,350
Insurance Expenses
$2,263
Water/Sewer/Garbage Expenses
$822
Gross Rent Multiplier
13.88
Total Expenses
$8,225
Cap Rate
6
Total Number of Units
2
Unit Name
4648
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1997
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet
Energy Source
Electric, Natural Gas
School District
South Kitsap
Elementary School
Hidden Creek Elem
Middle School
Marcus Whitman Jnr H
High School
So. Kitsap High
Total Monthly Income
$4,350
Gross Scheduled Income
$52,200
Gross Adjusted Income
$52,200
Tax Year
2025
Insurance Expense
$2,263
W/S/G Expenses
$822
Total Expenses
$8,225
Net Operating Income
$43,975
Gross Rent Multiplier
13.88
Cap Rate
6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks