3618 W Madrona Street, Bremerton, WA 98312

$340,000
1,344
SqFt

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Listing courtesy of Great Northwest Real Estate. Selling Office: Commencement Bay Brokers LLC.

Sold Price
$340,000
List Price
$350,000
Status
SOLD
MLS#
2511135
Closing Date
Jun 02, 2026
Days on Market
3
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,344
Area Total SqFt
1344
Annual Tax Ammount
2840
Internet Provider
Astound or Xfinity
Lot Size (sq ft)
5,663
Sewer
Sewer Connected

Property Description

Opportunity knocks in West Bremerton — this classic 1942 duplex offers timeless character, steady income potential, and a peekaboo view of Puget Sound. With the charm only a mid-century build can deliver, each unit retains the craftsmanship and warmth that today’s renters appreciate, giving you a competitive edge in the Kitsap rental market. Whether you’re a seasoned investor looking to expand your portfolio or a house-hacker ready to let the other unit pay your mortgage, this property checks the boxes. Don’t miss your chance to own a piece of Bremerton history with cash flow from day one!

Additional Information

List Date
2026-05-30 00:00:00
Community
Navy Yard City
Net Operating Income
$17,848
Gross Adjusted Income
$27,460
Gross Scheduled Income
$28,020
Total Monthly Income
$2,335
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$1,972
Gross Rent Multiplier
12.5
Total Expenses
$9,012
Cap Rate
5
Vacancy Rate
2
Total Number of Units
2
Unit Name
3618
Potential Terms
Cash, Conventional
Year Built
1942
View
See Remarks, Sound
Roof
Composition
Site Features
Deck, Gas Available
Other Expenses
2200
Energy Source
Electric, Natural Gas
School District
Bremerton #100c
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,335
Gross Scheduled Income
$28,020
Vacancy Rate
2
Gross Adjusted Income
$27,460
Tax Year
2026
Insurance Expense
$2,000
W/S/G Expenses
$1,972
Total Expenses
$9,012
Net Operating Income
$17,848
Gross Rent Multiplier
12.5
Cap Rate
5
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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