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$669,000
2544918 MLS ACTIVE Status
Solid, turnkey fourplex on a large 10,890 SF lot in West Bremerton. Fully occupied with an attractive unit mix of (1) 2-bedroom, (2) 1-bedroom, and (1) studio unit. Strong in-place income with upside through scheduled rent increases and market rent growth. Offered at a 7.4% current cap rate with ~8% projected cap rate at market rents. The property consists of a triplex plus detached one-bedroom cottage with separate electrical meters, coin-operated laundry, and off-street parking. Three of the four units have been cosmetically renovated, including the 2-bedroom unit in 2026. Major capital improvements include fresh exterior paint, extensive roof replacement, foundation stabilization, and updated plumbing and electrical. Conveniently located near PSNS, Olympic College, downtown Bremerton, the Seattle ferry, shopping, and major employers. Excellent investment opportunity offering immediate cash flow and long-term upside in one of Kitsap County's strongest rental markets.

133 N Marion Street, Bremerton

Listing courtesy of Real Broker LLC.

$765,000
2442844 MLS SOLD Status
Iconic turn of the century, ship captains multi-plex just 60 feet from the waterfront, steps to Evergreen Park, and walking distance to the ferry, shipyard & amenities. The vacant top-floor 1BD/1Bath shines with 180 degree water views, granite counters, new appliances & fresh finishes. On the main level, a 1BD/1BA with picture windows captures stunning water & bridge views, alongside a charming studio unit with a classic Murphy bed. The lower studio offers a bright, open layout with updated kitchen and living space framed by more water views. Onsite coin-op laundry adds convenience. A rare mix of history, lifestyle, and income potential is offered with this iconic water-view 4-plex in a vibrant, walkable location.

114 11th St Pl, Bremerton

Listing courtesy of Windermere RE West Sound Inc.. Selling Office: Windermere Prof Partners.

$885,000
2186705 MLS SOLD Status
FULLY RENOVATED in 2018. Major improvements to exterior include new 30-year comp roof, new gutters, waterproof balconies, paint. Interiors renovated with NEW solid wood cabinetry, wide-plank laminate flooring, countertops w/tile backsplash, BEAUTIFUL tile showers, hardware, LED lighting, plumbing fixtures, etc. Modern systems: copper plumbing & copper electrical. GREAT LOCATION! Proximity to Silverdale/Bremerton, desirable CK Schools, naval bases, & easy access to freeway have kept vacancy near 0% for entire length of ownership. New owner will get a TURNKEY ASSET with all the heavy lifting done. Most recent lease signed at $1,705 which leaves new owner opportunity to raise other 3 units to market rent & possibility of charging for parking.

4410 NW Wedgewood Lane Unit #1-4, Bremerton

Listing courtesy of Destination Homes Northwest. Selling Office: John L. Scott, Inc..

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