1630 & 1632 Colchester Drive E, Port Orchard, WA 98366

$467,500
2,064
SqFt

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Listing courtesy of Better Properties UP/Fircrest. Selling Office: ZNonMember-Office-MLS.

Sold Price
$467,500
List Price
$499,950
Status
SOLD
MLS#
2428738
Closing Date
Jan 09, 2026
Days on Market
42
Style
52 - Duplex
Finished SqFt
2,064
Area Total SqFt
2064
Annual Tax Ammount
4460
Lot Size (sq ft)
20,909
Sewer
Septic Tank

Property Description

Fantastic investment opportunity in a sought-after area of Port Orchard! This 2-unit duplex sits on a large lot and offers great potential. The upstairs unit features vaulted ceilings, exposed beams, abundant windows for natural light, and a private deck off the living room—perfect for relaxing. Both units are 2 bed/1 bath layouts, providing comfortable living spaces. Additional highlights include a covered parking area, newer septic system, and a newer roof for peace of mind. With its desirable location and solid updates, this property is priced to sell—don’t miss out on this great duplex opportunity!

Additional Information

List Date
2025-11-28 00:00:00
Community
Colchester
Net Operating Income
$32,020
Gross Adjusted Income
$36,480
Gross Scheduled Income
$36,480
Total Monthly Income
$3,040
Gross Rent Multiplier
14.51
Total Expenses
$4,460
Cap Rate
6.04
Total Number of Units
2
Unit Name
1630 & 1632
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1975
View
Partial, Sound, Territorial
Roof
Composition
Site Features
Deck, High Speed Internet, Patio
Energy Source
Electric
School District
South Kitsap
Elementary School
Manchester Elem
Middle School
John Sedgwick Jnr Hi
High School
So. Kitsap High
Total Monthly Income
$3,040
Gross Scheduled Income
$36,480
Gross Adjusted Income
$36,480
Tax Year
2025
Total Expenses
$4,460
Net Operating Income
$32,020
Gross Rent Multiplier
14.51
Cap Rate
6.04
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.
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