Listed by Rich Kim, Lumin Brokers of Washington
- 2,812
- Square feet
- $276
- Per sq ft
- Multi Family
- Type
- 1932
- Year built
- 10,890 sq ft
- Lot
- 321
- Days on market
About this property
7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 8.48% would be raised to 10.33%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2425557
- Listed
- August 26, 2025
- Days on market
- 321
- Price per sq ft
- $276
- Original list price
- $949,900
Unit & building
- Stories in building
- 1
- Units in building
- 7
Views
- View
- Territorial
Construction
- Year built
- 1932
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- Ceramic TileCarpet
Lot
- Lot features
- Paved
- Lot size
- 10,890 sq ft
Terms
- Terms offered
- CashConventionalSee Remarks
Utilities
- Water
- City of Bremerton
- Sewer
- City of Bremerton
- Power
- Puget Sound Energy
Schools
- District
- Bremerton #100c
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Territorial
- Multi Family
- Composition
- Baseboard
- None
- Electric
- Natural Gas
- Ceramic Tile
- Carpet
- Paved
- Cash
- Conventional
Listing history
Listed
$949,900
August 26, 2025
Current price
$774,900
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$4,512
- Principal & interest
- $3,918
- Property tax (est.)
- $594
Assumes $154,980 down (20%), a $619,920 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. 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.