1805 Lawrence Street, Port Orchard, WA 98366
- $715,000
- 1,724
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: Engel & Voelkers North Tacoma.
- Sold Price
- $715,000
- List Price
- $715,000
- Status
- SOLD
- MLS#
- 2489581
- Closing Date
- Apr 29, 2026
- Days on Market
- 19
- Style
- 52 - Duplex
- Finished SqFt
- 1,724
- Area Total SqFt
- 1724
- Annual Tax Ammount
- 3448
- Internet Provider
- Astound
- Lot Size (sq ft)
- 5,663
- Sewer
- Sewer Connected
Property Description
Turnkey duplex investment with unobstructed Sound views in a prime location, each fully remodeled unit offers 2 bedrooms and 1 bathroom with stainless steel appliances and updated interiors designed for strong rental appeal. With downtown being just a mile away, you can enjoy cafés, dining and the local Farmer's market! This is an excellent opportunity for investors or owner-occupants seeking income and long-term appreciation. The upper unit features Sound views from every room, an ample light filled living room with French doors that open up to a private deck overlooking the Sinclair inlet where you can watch Friday-night sailboat races and there is a retractable wall that allows you the option to open up your living room space and widen your Sound views. Not to be outdone, the lower unit also boasts water views along with an oversized concrete patio perfect for entertaining or relaxing and taking in the sunrise/sunset over the bay. The property features ample off-street parking with enough space for an RV as well, making it ideal for tenants or guests. A rare opportunity to own a beautiful property in a sought-after location near dining, shopping, and the waterfront!
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Additional Information
- List Date
- 2026-04-10 00:00:00
- Community
- Annapolis
- Net Operating Income
- $44,507
- Gross Adjusted Income
- $54,950
- Gross Scheduled Income
- $56,150
- Total Monthly Income
- $2,080
- Insurance Expenses
- $995
- Water/Sewer/Garbage Expenses
- $6,000
- Gross Rent Multiplier
- 12.7
- Total Expenses
- $11,643
- Cap Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 1805
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1939
- View
- Bay, City, Ocean, Sound
- Roof
- Composition
- Site Features
- Cable TV, Deck, Gas Available, Hot Tub/Spa, Patio, RV Parking
- Electric Expenses
- 1200
- Energy Source
- Electric
- School District
- South Kitsap
- Elementary School
- East Port Orchard El
- Middle School
- Marcus Whitman Jnr H
- High School
- So. Kitsap High
- Total Monthly Income
- $2,080
- Gross Scheduled Income
- $56,150
- Gross Adjusted Income
- $54,950
- Tax Year
- 2025
- Insurance Expense
- $995
- W/S/G Expenses
- $6,000
- Total Expenses
- $11,643
- Net Operating Income
- $44,507
- Gross Rent Multiplier
- 12.7
- 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.