1911 Sheridan Road, Bremerton, WA 98310
- $550,000
- 2,020
- SqFt
Listing courtesy of Keller Williams Greater 360.
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- 2565941
- Days on Market
- 1
- Style
- 52 - Duplex
- Finished SqFt
- 2,020
- Area Total SqFt
- 2020
- Annual Tax Ammount
- 3402
- Lot Size (sq ft)
- 13,068
- Sewer
- Sewer Connected
Property Description
Turn-key duplex investment opportunity featuring two fully occupied income-producing units with stable, long-term tenants in good standing. Located just minutes from Naval Base Kitsap, Puget Sound Naval Shipyard, local shopping, and the Bremerton Ferry terminal for seamless Seattle commuting, this property offers immediate cash flow with significant recent improvements. Unit 1911 offers 768 square feet with 3 bedrooms and 1 bath, while Unit 1913 provides 1,250 square feet with 4 bedrooms and 1.75 baths, with carport and storage. Extensive updates completed within the last year minimize near-term maintenance requirements, including a full roof replacement with new sub-roof plywood and ventilation (Feb 2026), full exterior painting (Oct 2025), and a comprehensive interior overhaul of Unit 1913 (June 2026) featuring 100% replacement of both bathrooms, an 18-inch ceiling lift in the primary bath, a brand-new water heater, and fresh drywall, paint, and carpeting in the hallway. A clean, low-friction asset positioned in a high-demand rental corridor.
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Additional Information
- List Date
- 2026-08-08 08:41:13
- Community
- Sheridan Park
- Net Operating Income
- $38,154
- Gross Adjusted Income
- $46,740
- Gross Scheduled Income
- $49,200
- Total Monthly Income
- $4,100
- Insurance Expenses
- $1,634
- Water/Sewer/Garbage Expenses
- $2,050
- Gross Rent Multiplier
- 11.18
- Total Expenses
- $8,586
- Cap Rate
- 6.94
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1911
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1942
- View
- Territorial
- Roof
- Composition, See Remarks
- Site Features
- Cable TV, Deck, Dog Run, Fenced-Fully, Outdoor Fireplace, RV Parking, Shop
- Other Expenses
- 1500
- Energy Source
- Electric, Natural Gas
- School District
- Bremerton #100c
- Total Monthly Income
- $4,100
- Gross Scheduled Income
- $49,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $46,740
- Tax Year
- 2026
- Insurance Expense
- $1,634
- W/S/G Expenses
- $2,050
- Total Expenses
- $8,586
- Net Operating Income
- $38,154
- Gross Rent Multiplier
- 11.18
- Cap Rate
- 6.94
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.