Kitsap WA Multi-Family Real Estate, Homes for Sale

Fantastic duplex opportunity in a convenient Bremerton location! Whether you’re looking to live in one side while generating income from the other or add a solid cash-flow property to your investment portfolio, 1725 & 1727 Bloomington Ave offers flexibility and value. Recent improvements include a brand-new roof, most new sheathing with addition having thermal sealing done for maximum efficiency, new blown in insulation, brand-new heaters in both units, and durable LVP flooring. Unit 1725 features the added bonus of a spacious rec room expansion, providing valuable additional living and flex space. Each unit offers the privacy of its own residence while creating an ideal setup for owner-occupants, multi-generational living, or rental income. Conveniently located near PSNS, shopping, dining, and everyday amenities, with easy access to the Seattle ferry and fast ferry terminals for commuters. A smart opportunity to own a versatile income-producing property in the heart of Bremerton! Mortgage savings may be available for buyers of this listing.

1725 1727 Bloomington Avenue, Bremerton

Listing courtesy of Redfin.

$424,000

2580192 MLS ⋅ ACTIVE Status

Investment opportunity in Bremerton. This property includes a duplex plus a separate detached cottage - 3 units total. Duplex upper unit: updated 2BR/1BA with new kitchen, granite counters, new bath, new flooring. Duplex lower unit: 1BR/1BA, new flooring. Detached cottage: 1BR/1BA, private and separate. Duplex roof about 5 years old. Strong cash-flow potential for an investor buyer. Property sold as-is.

839 10th Street, Bremerton

Listing courtesy of William E. Johnson.

$1,049,000

2577396 MLS ⋅ ACTIVE Status

This exceptional property presents a rare opportunity: two homes on one spacious, sunny lot. Tucked at the end of a quiet residential lane, the setting offers both privacy and convenience. The main residence (26107 James) is a charming single-story home featuring 2 bedrooms, 2.25 baths plus home office/den, and 1,736 sq ft of inviting living space with detached garage. Recently remodeled with a newer roof and a brand-new front entry deck, it offers easy one-level living. Inside, a cozy fireplace framed by built-in bookcases anchors the living area with a mini-split for heating and cooling options. The primary suite features an updated bathroom and walk-in closet. The second home (26105 James) adds tremendous flexibility. With 1,008 finished sq ft, it includes 2 bedroom 1.25 baths and private laundry, along with a 1-car garage. This home even enjoys a partial bay view, making it an appealing ADU, rental, or guest space. Whether you’re seeking multi-generational living, a live-in-one, rent-the-other setup, or a pure investment, the possibilities are wide open. Situated just minutes from the Kingston–Edmonds ferry, local shops, restaurants, beaches, and the marina, this in-town location is hard to beat. The sunny 1/3-acre lot is fully fenced perfect for pets and includes a 30-foot detached garage, ideal for a workshop or extra storage A rare find close to town, offering versatility, income potential, and the charm of two well-maintained homes on one property.

26107 James Lane NE, Kingston

Listing courtesy of Windermere RE Bainbridge.

$1,848,000

2577282 MLS ⋅ PENDING INSPECTION Status

Two homes on 3.57 private acres in Port Madison community of Bainbridge Island. All updated and ready to rent. Homes have been professionally managed and rented for last several years with NO VACANCIES. However, for marketing they are vacant at this time. Great income potential or live in one and rent the other. Each home has own Power, Septic and shares a well.

9067 Hidden Cove Road NE, Bainbridge Island

Listing courtesy of Windermere RE Bainbridge.

$685,000

2571193 MLS ⋅ ACTIVE Status

627 Highland Ave — Bremerton, WA 98337 This offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at $685,000 and offered at a 7% cap rate on in-place income. Built in 1910, the property represents classic older-vintage Bremerton housing stock, offering a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization as units turn. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, supporting steady renter demand and a durable tenant base for well-located multifamily product in the submarket. For an investor seeking an attractive going-in yield with a manageable-scale renovation opportunity, 627 Highland Ave offers an efficient, well-priced entry point into the Bremerton multifamily market.

629 Highland, Bremerton

Listing courtesy of Kidder Mathews.

$1,895,000

2565362 MLS ⋅ ACTIVE Status

Outstanding potential in this Mixed-Use/Multi-Family property in Winslow Core with nine parking spaces. With a first-rate location, just steps from shops, restaurants, and the ferry, this exceptional property offers a rare live-work opportunity. The commercial component includes five well-appointed office suites with high-quality finishes. Two main-level suites share an inviting entrance, kitchenette, and two bathrooms, while each enjoys its own deck. Upstairs are two additional office spaces, including one with a private balcony. The expansive lower-level office offers outstanding flexibility with an attached workshop and storage area. The residence: a thoughtfully designed one-bedroom, one-bath home showcases clean architectural lines, warm wood cabinetry, quartz countertops, stainless steel appliances, Evoke engineered flooring, abundant natural light, and energy-efficient mini-split heating and cooling. The private, fully fenced patio with a gas BBQ hookup and EV charger adds value and convenience. An excellent opportunity to live, work, invest, or develop in one of Bainbridge Island's most desirable locations.

151 Finch Place SW, Bainbridge Island

Listing courtesy of Windermere RE Bainbridge.

$725,000

2568500 MLS ⋅ ACTIVE Status

This offering presents a 7-unit value-add multifamily opportunity in Bremerton, priced at $725,000 and offered north of a 7% cap rate on in-place income. Like much of the surrounding submarket's older housing stock, the property offers dated interiors and a clear path for new ownership to drive rents through unit-by-unit renovations and modernization — positioning the asset for meaningful upside as units turn. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, supporting steady renter demand and a durable tenant base for well-located multifamily product in the submarket. For an investor seeking an attractive going-in yield with a manageable-scale renovation opportunity, 2135 4th St offers an efficient, well-priced entry point into the Bremerton multifamily market.

2135 4th Street, Bremerton

Listing courtesy of Kidder Mathews.

$725,000

2568462 MLS ⋅ ACTIVE Status

The Veneta apartment offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at a 7% cap rate on in-place income. The property is an older-vintage asset with dated interiors, presenting a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization - a classic value-add play in a market where comparable renovated units command a meaningful rent premium. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, which continues to support steady renter demand and provides a durable, recession-resistant tenant base for well-located multifamily product in the submarket. For an investor seeking a manageable-scale renovation project with an attractive going-in yield and a clear path to stabilized upside, 801 Veneta Ave offers an efficient entry point into the Bremerton multifamily market.

801 Veneta Avenue, Bremerton

Listing courtesy of Kidder Mathews.

$275,000

2567108 MLS ⋅ PENDING INSPECTION Status

Calling all Investors and creative types! Fixer duplex located in West Bremerton neighborhood near Shipyard and 10 minutes from Fast ferry to Seattle. Once complete, this one would be perfect for multigeneration living--live in one side and rent out the other. Unit 1530 (in front) 2 beds 1 bath has original systems, was previously rented below market rate at $1000.00 per month. Second Unit, 1532 directly behind, roughed in for one bedroom (although it can easily be converted to a 2 bedroom again) and 3/4 bath. Preliminary L & I inspection has occurred and permit is still open. Two bay garage has handy extra storage (small area behind bays and attic) space. Shed in back yard for lawn and garden equipment. Easy freeway access for your commute. Close to Schools, including Olympic College. Find shopping and dining options in the Callow Ave Business District and Downtown Bremerton.

1530 N Wycoff Avenue, Bremerton

Listing courtesy of Windermere RE West Sound Inc..

$295,000

2567429 MLS ⋅ ACTIVE Status

That sizzle sound you hear isn't bacon frying, it is this smoking hot deal!!! 8% return! Opportunity to own a home with an ADU on one parcel. The main home offers 1 bedroom plus a versatile bonus room, a full bathroom, laminate flooring throughout and an updated kitchen and bath, with flexible living space. A 300+/- sq. ft unfinished basement adds excellent potential for additional finished sq. footage, storage, or a future rec room. The detached studio ADU (approx. 300 sq. ft) is perfect for rental income, multi-generational living, or a private guest suite, featuring a 3/4 bath with shower, fridge, and stove/oven, ductless heat/cool, plus its own deck for outdoor enjoyment. Plenty of off-street parking for both units. Don't miss this income-producing, flexible-use property!

2533 E 3rd Street, Port Orchard

Listing courtesy of Great Northwest Real Estate.

$550,000

2565941 MLS ⋅ PENDING INSPECTION Status

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.

1911 Sheridan Road, Bremerton

Listing courtesy of Keller Williams Greater 360.

$475,000

2561414 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status

Excellent investment opportunity in Bremerton's desirable Upper Manette neighborhood! This well-maintained duplex offers proven income potential with two spacious, single-level units, each approximately 882 square feet. Both units feature 2 bedrooms, 1 full bath, a large living room, an eat-in kitchen, and a utility room with washer and dryer hookups. Efficient heat pumps provide year-round comfort with both heating and air conditioning.Situated on a quiet street with a nice-sized yard, the property offers an attractive setting for tenants. One unit includes two covered carports, while the other offers one covered carport, and each unit has its own exterior storage unit for added convenience.Conveniently located near the Seattle ferry, PSNS, downtown Bremerton, parks, shopping, and the vibrant Manette neighborhood. Whether you're looking to expand your investment portfolio or purchase your first income property, this is an outstanding opportunity with strong rental appeal and long-term investment potential.

2518 2514 Spring Street NE, Bremerton

Listing courtesy of Windermere RE West Sound Inc..

$415,000

2565809 MLS ⋅ PENDING Status

Investor or owner-occupant opportunity in the heart of Bremerton. This two-unit property offers 2,192 sq ft of livable space minutes from Puget Sound Naval Shipyard and Naval Base Kitsap — one of the region's most reliable rental markets.The larger unit is a spacious 3-bed/1-bath at 1,523 sq ft, with room for roommates, while the second is an efficient 1-bed/1-bath at 669 sq ft — ideal for a single tenant or a low-maintenance rental. Both come equipped with range/oven, refrigerator, and dishwasher, plus shared on-site laundry. Covered parking and additional street parking mean tenants always have a spot. Both units are vacant and ready now — a clean slate to set rents at today's market, or live in one side while the other helps cover your mortgage. Projected rents pencil to $3,050/month, driving $36,600 gross scheduled income, $26,114 NOI, and a 5.67% cap rate at list. Steady military and civilian demand keeps vacancy low and tenants dependable. House-hack into ownership or run it turnkey from day one. Double listed MLS#

140 S Cambrian Avenue, Bremerton

Listing courtesy of COMPASS.

$619,000

2565221 MLS ⋅ ACTIVE Status

Freshly renovated multi-family rambler with a beautifully updated kitchen and three bedrooms, including a master bath in the main house, and a fully renovated additional living unit with two bedrooms, a full-sized kitchen, and a full bathroom. Two homes for the price of one, updated and move-in ready! New electrical system, plumbing, roof, gutters, windows, garage doors, and paint inside and out, plus so much more! The work has been done; just move in and enjoy! The two-bedroom unit in the back could be a potential income generator that can help cover the mortgage. Driveways in the front and back of the property make access simple and convenient. This charming rambler is about one block away from the Illahee Forest Preserve, which has over 600 acres and extensive trails. Ample shopping amenities are nearby, with the recent addition of a new medical center. There are a total of five bedrooms and three bathrooms, two driveways, and an oversized two-car garage! There aren't many fully remodeled homes with full-sized ADU units in Bremerton. (Some websites are showing this as 7 beds & 4 baths; it's actually 5 and 3.)

1936 NE Clemens Street, Bremerton

Listing courtesy of Better Properties Real Estate.

$1,925,000

2563357 MLS ⋅ ACTIVE Status

INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. The property and surrounding neighborhood show exceptionally well. Comprised of two well-maintained buildings, the property features four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, an in-unit washer and dryer, and plenty of on-site parking. All eight units have been updated with a cohesive design and consistent color palette throughout. Ownership has invested approximately $590,000 in renovations, repairs, and capital improvements since 2022, including new roofs on both buildings, new furnaces in all units, updated kitchens and bathrooms, LVP flooring, interior and exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters, and appliances. The property offers a stabilized 6.15% cap rate based on the existing leases and stated operating expenses, with additional upside as rents move toward market rates. A solid, turnkey investment ready to perform from day one!

2821 2831 NE Center Street Unit #1-8, Bremerton

Listing courtesy of Keller Williams Downtown Sea.

$875,000

2562415 MLS ⋅ PENDING Status

Rare North Kitsap Investment Opportunity! Discover one of the most distinctive income-producing properties in the region. This architecturally striking octagonal fourplex features four private corner residences, each spanning three stories and offering a unique, townhouse-style living experience. Every unit includes 2 bedrooms, 2 bathrooms, a spacious kitchen and living area on the main level, and a private balcony perfect for enjoying the peaceful surroundings. The thoughtful layout gives each residence exceptional privacy while creating an attractive living environment for tenants. Currently three units are occupied, and one is vacant so you can view it. The property generates $6,000 per month in rental income ($1,500 per unit), with significant upside. Market rents are estimated at approximately $1,900 per month per unit, presenting a compelling value-add opportunity for investors seeking increased cash flow. Multifamily opportunities of this caliber are exceptionally rare in North Kitsap. Whether you're looking to expand your portfolio, execute a rental repositioning strategy, or secure a one-of-a-kind long-term investment, this property offers a unique combination of architectural character, stable income, and future potential. Don't miss your chance to own one of Suquamish's most distinctive multifamily investment properties.

6194 6200 NE Pine Street, Suquamish

Listing courtesy of Keller Williams West Sound.

$1,150,000

2559306 MLS ⋅ ACTIVE Status

Looking for a great investment with positive cash flow? Here's your chance to own not just 1 duplex but 2 duplexes in this beautiful area of Beach Drive in Port Orchard! Each unit has 2BR & a full bath plus a very unexpected half bath for guests. The layout is great! Living, Dining, Kitchen, half bath & a super large storage space on the main floor and 2 BR, full Bath and Laundry below plus storage under stairs. Each has its own deck looking out to Sinclair Inlet where the WA State Ferries travel several times a day along with a multitude of marine life to see in their natural habitat. Having the bonus of a garage is also very attractive to tenants. There is no better price per unit in much of Kitsap than these 2 duplexes. Rental demand is high and inventory is low. These units have never stayed empty very long. Rent payments are below the current market rates. An investor could create a bigger cap rate and would truly benefit from these duplexes in their portfolios. Don't miss the amazing view!! Please NO drive-bys.

4617 Beach Drive E, Port Orchard

Listing courtesy of Better Properties Kitsap.

$498,000

2553467 MLS ⋅ ACTIVE Status

Investors, house hackers, and savvy buyers-this is the opportunity you've been waiting for. This rare 1918 Craftsman isn't just full of timeless character; it's a true income-producing property with flexibility that's hard to find. Live in one unit and rent the other, lease both for maximum income, or continue the successful approach the current owner has already proven-all three options have been done. The main home showcases the craftsmanship of a bygone era with hardwood floors, arched doorways, leaded-glass built-ins, vintage glass doorknobs, a brick-accented fireplace, formal dining room, two main-floor bedrooms, full bath, plus finished bonus rooms, 3/4 bath and abundant storage downstairs. Plot twist: the detached two-car garage is topped by a charming 1-bedroom apartment bursting with personality-hardwood floors, built-ins, coved doorways, vintage tile, full bath and its own kitchen. Separate utilities make managing the two living spaces even easier. Major updates include new house roof (2024), apartment/garage roof (2021), new furnace (2022), updated sewer (2025), plus more plumbing and electrical improvements. Three additional off-street parking spaces are a premium bonus this close to Olympic College, PSNS, the Seattle ferry, downtown Bremerton and waterfront parks. Historic charm, important system updates and multiple income strategies combine to create a rare investment opportunity with lasting appeal.

1108 Warren Avenue, Bremerton

Listing courtesy of Keller Williams West Sound.

$775,000

2531550 MLS ⋅ PENDING Status

Great investment opportunity! Check out this Bremerton/Chico multi-unit property conveniently located on a .83 acre parcel not far from the local military bases, downtown Bremerton and the Silverdale area. Four cabin style stick built homes plus one manufactured home. Each unit has their own inside laundry area. Most have newer roofs and updated windows. These are the only homes on this dead-end street. Owner terms: on approved credit, seller will carry back with 25% down, 6% interest on the balance, 25 year amortization with a 8 year cash out. Properties like this are rare and don't come available often. Now is a good time to take advantage of this great opportunity.

2996 Northlake Way NW, Bremerton

Listing courtesy of Windermere Prof Partners.

$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.

$525,000

2528049 MLS ⋅ PENDING Status

A well-located Bremerton triplex offering a rare blend of historic character, stable income, and broad investor appeal. Built in 1905, the property retains the early-century architectural detail that continues to resonate with Kitsap County renters and supports consistent occupancy. The building is configured as three units, all currently occupied by tenants, providing immediate in-place income with no downtime or lease-up risk. The property has operated as a reliable, low-maintenance multifamily asset for many years. Tenants are on utility-pay leases, operating expenses have remained predictable, and management history is well documented. The structure, layout, and long-term rental performance make this an attractive option for investors seeking a steady, easy-to-manage addition to their portfolio. Located near key Bremerton employment centers and amenities, the property benefits from a strong and diverse tenant base. Showings are available only after a mutually accepted offer, ensuring minimal disruption to residents and smooth continuity of operations.

926 Pleasant Avenue, Bremerton

Listing courtesy of John L. Scott Snohomish.

$725,000

2541795 MLS ⋅ ACTIVE Status

Turnkey Duplex – Investment or Owner-Occupant Opportunity. Well-maintained duplex in a desirable Kitsap location near ferries, town, and commuter routes. One unit will be vacant at closing, offering the option to live in one side or maximize rental income. Each unit features 3 bedrooms, 2.5 baths, an attached garage, and additional off-street parking. The occupied unit is leased through December at $2,000/month plus $65/month for shared well water. Situated on a rare ¾-acre wooded lot, the property has seen major updates including a new roof, insulation, moisture barrier, Trex decks, and updated windows. This property has immediate income, strong rental appeal, and long-term flexibility.

1353 - 1355 Saddle Club Road SE, Port Orchard

Listing courtesy of Premier Real Estate Partners.

$525,000

2534690 MLS ⋅ ACTIVE Status

Positioned in the heart of Port Orchard within Business Professional Mixed Use zoning, this well-maintained duplex offers a rare blend of income potential and flexibility of use. The vacant main-level unit features 3 bedrooms, 1 bath, and 1,318 SqFt of single-level living, highlighted by newly refinished hardwood floors, a spacious family room with wood-burning fireplace, and a fully fenced backyard with patio. The 858 SqFt upper unit offers 1-bedroom, 1-bath, spacious living room area and great natural light. Each unit enjoys its own washer and dryer, private entrance, and dedicated 1-car garage. Recent improvements include a new 30-year roof, new gutters, fresh exterior paint, and a fully refreshed crawlspace with new insulation and vapor barrier. Conveniently located near Highway 16, shopping, dining, and downtown amenities.

360 Tremont Street W, Port Orchard

Listing courtesy of Paramount Real Estate Group.

$515,000

2534274 MLS ⋅ ACTIVE Status

Excellent Investment Opportunity. Owner has built put 3 OFF STRRET parking stalls for this spacious units that were totally remodeled in 2013 with new PEX water supply lines throughout, cabinets & counter tops, appliances, plumbing fixtures, flooring, paint and new laundry areas for both units. EZ to lease/rent. Wonderful area @ Anderson Cove in Port Washington Narrows. Close to revitalized downtown Bremerton, Seattle Ferry Terminal and Puget Sound Naval Shipyard which will experience extensive renovations over the next few years. . EZ drive to Hwy 3 and the world beyond.

1740 Anderson, Bremerton

Listing courtesy of Old Towne Realty.

$525,000

2526301 MLS ⋅ ACTIVE Status

Fully remodeled duplex in an excellent central location. Located 2 blocks from Olympic College and less than 1 mi from the Seattle Ferry. Studs-out remodel in 2018, this home features luxury vinyl plank (LVP) flooring throughout. The kitchens offer stainless steel appliances, and rich cherry wood cabinets. A washer and dryer are included for added convenience. Off street parking behind home. A turn-key investment with modern upgrades and reliable income.

1223 11th Street, Bremerton

Listing courtesy of John L. Scott, Inc..

$1,950,000

2520059 MLS ⋅ ACTIVE Status

Investor Alert!!! This 11 unit complex on 2 tax parcels is ideally located minutes away from the PSNS State Street Gate offering convenient access to Ferries, PSNS, and all that downtown Bremerton has to offer (fabulous new restaurants, shops, nightlife, Beautiful waterfront parks and marina....MORE). This Stabilized asset boasts a TRUE 6.4% cap rate INCLUDING: Management (10%), Maintenance and Repairs, Utilities, Taxes and Insurance....you won't find many properties that pencil this well when you are honest about your expenses. Self managing these units would provide a cap rate over 7.3%!! Storage available for tenants to rent for additional income as well as 5 garage spaces. Fully updated in the 2010's these units show well and rent easily. Dual paned windows in all units, Heat pump in one unite and Gas heat in the 6 unit building. These units show well and rent easily due to the location and condition. No internal showings until mutual acceptance.

1215 Burwell Street, Bremerton

Listing courtesy of REally Properties Inc.

$6,750,000

2511189 MLS ⋅ PENDING Status

We are pleased to present South Court, a 47-unit multifamily community located in Bremerton. Originally constructed in 1919, the property comprises 26,100 net rentable square feet and features a balanced mix of studio, one-bedroom, and two-bedroom residences, appealing to a broad renter demographic. South Court currently generates $440,679 in net operating income and is offered at an attractive 6.53% in-place Cap Rate, providing investors with strong day-one cash flow. Current rents are approximately 8.24% below market, presenting a clear opportunity to increase revenue through alignment with prevailing market rates. The property also includes 32 surface parking spaces in addition to available street parking, supporting resident convenience and operational stability. The community benefits from convenient access to local employment centers, neighborhood retail amenities, and regional transportation connections throughout the Puget Sound area. Bremerton’s growing economic base and connectivity to the broader region position the asset to capture sustained rental demand and long-term value appreciation.

834 ML King Way Drive, Bremerton

Listing courtesy of Northmarq Multifamily, LLC.

$1,250,000

2509353 MLS ⋅ PENDING FEASIBILITY Status

Bremerton 6 offers high quality, well maintained, and spacious 2 Bedroom-1 Bathroom units. Units are approximately 1000 SF each and include W/D hookups which positions a buyer for a very easy value-add opportunity. The property includes 6 covered parking spaces and 6 storage rooms, making it a very easily rentable asset. Local economic drivers create a strong rental market in Bremerton with historically low vacancy rates. Bremerton 6 positions itself as the perfect property for entry-level or experienced investors through its large, high-quality units and ability to capture additional upside without extensive renovations.

2001 11th Street, Bremerton

Listing courtesy of John L. Scott, Inc.

$1,850,000

2508012 MLS ⋅ PENDING Status

Located in rapidly growing Kitsap County, this property offers investors a compelling combination of stable market fundamentals, recent capital improvements, and proven rental upside. Backed by landlord-friendly policies and a federally anchored employment base, the area is well positioned for long-term demand and investment durability. The asset presents clear operational upside, with recent leases achieving $1,680 and $1,690, helping validate continued rent growth potential. Additional income opportunities may be realized through laundry, parking, and RUBS implementation. The property also benefits from excellent transportation access, with ferry, bus, and direct highway connections linking residents to the broader Puget Sound employment base. Over the past four years, approximately $246,000 has been invested in major capital improvements, including a new roof, all-unit window replacements, full electrical panel upgrades, and water heater replacements throughout. With key systems already addressed, new ownership steps into a well-maintained asset with limited deferred maintenance risk. An enclosed, covered parking garage further distinguishes the property, offering a valuable amenity in a submarket where many competing rental properties lack secured parking. This is an opportunity to acquire a well-maintained asset with both immediate strength and future upside.

324 S Lafayette Avenue, Bremerton

Listing courtesy of Kidder Mathews.

$624,000

2494422 MLS ⋅ PENDING Status

Steady income potential! Large duplex in Bremerton’s Tracyton neighborhood offering a great mix of space, flexibility, and location. Each 1,520sf unit includes four bedrooms, two full bathrooms, comfortable living and dining areas, in-unit laundry hookups, a covered carport space, and private fenced backyards. One side is occupied by a reliable long-term tenant, while the other has been regularly leased but is now available for showings. Located in a quiet, tucked-away setting with easy access to Central Kitsap schools, military bases, shopping, and outdoor recreation, this property is a dependable option for investors or buyers interested in living in one unit while renting the other.

5726 5728 Tracyton Boulevard NW, Bremerton

Listing courtesy of Windermere RE Bainbridge.

$485,777

2467140 MLS ⋅ ACTIVE Status

Remodeled 5-plex in the heart of Bremerton. Previous owner updated this property beautifully, but did not obtain the necessary permits from the City of Bremerton. General Commercial zoning allows for the potential to use for multi-family, retail, office or mixed use. Lot size is over half an acre so might be possible to subdivide. Owner financing may be available.**Buyer to verify any and all information on what is needed to obtain permits from the City of Bremerton.**

6323 Kitsap Way, Bremerton

Listing courtesy of Keller Williams Greater 360.

$749,000

2452331 MLS ⋅ ACTIVE Status

Well maintained Triplex in a great central location, close to Hospital and Freeway access. Good rental history. Live in one unit and rent out the other two! Detached three car garage with storage space is already partitioned providing three individual spaces for optimum tenant privacy and security.

1277 Sherman Avenue, Port Orchard

Listing courtesy of Better Properties Gig Harbor.

$1,295,000

2441377 MLS ⋅ PENDING Status

Two homes on over .4 of an acre with 100' of waterfront. Yard is fenced and waterfront has a concrete bulkhead. Mature landscaping with decks, patios and a gazebo on the Waterfront area. The homes a detached and would easily be separate rental units or as a ADU. The smaller home has 1 bedroom, 1 bath with a full kitchen and living room /dining room area. It has an open floor plan with a Great Room setup. The Main home has 1 bedroom up and 3 bedrooms downstairs. It is a classic home with hardwood floors, built in cabinets, plaster walls, leaded windows and gas fireplace in the living area.

3538 Beach Drive E, Port Orchard

Listing courtesy of Great Northwest Real Estate.

$5,200,000

2431025 MLS ⋅ ACTIVE Status

Waterfront Park Apartments offers a rare turnkey investment on the Silverdale waterfront. This fully renovated 20-unit community boasts a 5.97% cap rate and a 6.08% cash-on-cash return on current rents. The property features 16 spacious two-bedroom townhome-style units and 4 one-bedroom units, averaging 758 SF. Ownership has invested over $1.1M in capital improvements, delivering modern finishes and durable systems throughout—new roofs, Hardie siding, cabinetry, stainless steel appliances, in-unit washers/dryers, upgraded electrical and mechanical systems, and stylish interior updates. The result is a low-maintenance, high cash-flowing asset poised to capture long-term rent growth in one of Kitsap's most desirable waterfront locations.

8755 Shore Place NW, Silverdale

Listing courtesy of Blake Investment Advisors.

$899,000

2325766 MLS ⋅ ACTIVE Status

Reduced to sell! Spectacular Investment Opportunity for this 5 parcel short plat (total approx. 4.54 acre/5 addresses); each parcel includes a manufactured home w/current renter, septic system and Group B water system serving all 5 lots. Calling all builders to explore their options to get amazing return on your money with this unique property located close to town, freeway, shopping, medical and restaurants yet in a private setting.

1566 SW Old Clifton Road, Port Orchard

Listing courtesy of Better Properties Gig Harbor.

$439,000

2274107 MLS ⋅ ACTIVE Status

Investors Wanted! Demolition Done and Ready for a New Look. Down to studs. Transform this Waterfront Duplex into what it deserves! Architectural Plans Available and Permits to approve. Windows ready to install. City Sewer and Water connected. High Bank Waterfront, Private setting, Great Location close to Parks, Ice Skate Rink, Bowling, Ferry to Seattle, DownTown Bremerton, Shopping. Amazing Rental Income to be had!! Owner will consider financing options.

2325 Wheaton Way, Bremerton

Listing courtesy of JKB Brokerage, LLC.

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