140 S Cambrian Avenue, Bremerton, WA 98312

Bremerton
Local realty services provided by:Knipe Realty ERA Powered
Listed by: brian pate, sham haile
Office: compass
MLS#:2565800
Source:NWMLS
140 S Cambrian Avenue,Bremerton, WA 98312
$415,000
  • 4 Beds
  • - Baths
  • 2,192 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$415,000
  • Price per sq. ft.:$189.32

About this home

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...

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Home facts

  • Year built:1916
  • Subdivision & Development:Navy Yard City
  • Listing ID #:2565800
  • Updated:August 16, 2026 at 11:19 AM

Rooms and interior

  • Bedrooms:4
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl Floor
  • Bedroom Description:Main Level Bedrooms : 2, Upper Level Bedrooms : 2
  • Basement:Yes
  • Living area:2,192 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1916
  • Building area:2,192 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Alley, Paved, Sidewalk
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Deck, Fenced-Partially, Patio
  • Foundation Description:None

Schools

  • High school:Bremerton High
  • Middle school:Mtn View Mid
  • Elementary school:West Hills Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$415,000
  • Price per sq. ft.:$189.32
  • Tax amount:$3,796 (2025)

Features and amenities

  • Amenities:Cable TV, Gas Available, High Speed Internet, Security System

Parking

  • Total parking spaces:3
  • Parking description:Attached Carport, Attached Garage, Driveway, Off Street Parking
  • Garage:Yes
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