2135 4th ST, Bremerton, WA 98312
2135 4th ST, Bremerton, WA 98312
2135 4th ST, Bremerton, WA 98312
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Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by:Kidder Mathews • David A. Kelley
$ 725,000
Est. payment | /mo

3 Beds

7 Baths

0.25 Acres Lot

Save
$ 725,000
Est. payment | /mo
Save

3 Beds

7 Baths

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Bremerton

MLS Listing ID 2568500

Style 55 - 5-9 Units

Bedrooms 3

Year Built 1932

Annual Tax Amount $5,164

Lot Size 10,890 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Kitsap

Area 149 - East Bremerton

Interior

Flooring Ceramic Tile

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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2135 4th ST