360 Tremont Street W, Port Orchard, WA 98366

$550,000
2,171
SqFt

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Listing courtesy of Paramount Real Estate Group.

List Price
$550,000
Status
ACTIVE
MLS#
2534690
Price Change
▼ $25,000 1782933418
Days on Market
45
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
2,171
Area Total SqFt
2171
Annual Tax Ammount
3713.5
Internet Provider
Astound
Lot Size (sq ft)
7,841
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-06-11 14:28:11
Community
Port Orchard
Net Operating Income
$30,337
Gross Adjusted Income
$41,610
Gross Scheduled Income
$43,800
Total Monthly Income
$3,600
Insurance Expenses
$1,736
Water/Sewer/Garbage Expenses
$2,810
Gross Rent Multiplier
13.13
Total Expenses
$11,271
Cap Rate
5.65
Vacancy Rate
5
Total Number of Units
2
Unit Name
360
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1965
Roof
Composition
Site Features
Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
Electric Expenses
1980
Energy Source
Electric, Natural Gas, See Remarks
School District
South Kitsap
Elementary School
Sidney Glen Elem
Middle School
Cedar Heights Jh
High School
So. Kitsap High
Total Monthly Income
$3,600
Gross Scheduled Income
$43,800
Vacancy Rate
5
Gross Adjusted Income
$41,610
Tax Year
2026
Insurance Expense
$1,736
W/S/G Expenses
$2,810
Total Expenses
$11,271
Net Operating Income
$30,337
Gross Rent Multiplier
13.13
Cap Rate
5.65
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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