2135 4th Street, Bremerton, WA 98312

Bremerton
Local realty services provided by:Knipe Realty ERA Powered
Listed by: rich kim
Office: lumin brokers of washington
MLS#:2425557
Source:NWMLS
2135 4th Street,Bremerton, WA 98312
$849,900
  • - Beds
  • - Baths
  • 2,812 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$849,900
  • Price per sq. ft.:$302.24

About this home

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 7.73% would be raised to 9.42%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

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Home facts

  • Year built:1932
  • Listing ID #:2425557
  • Updated:May 23, 2026 at 11:09 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor
  • Living area:2,812 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1932
  • Building area:2,812 sq. ft.
  • Lot area:0.25 Acres
  • Lot Features:Paved
  • Construction Materials:Wood Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$849,900
  • Price per sq. ft.:$302.24
  • Tax amount:$5,138 (2025)

Features and amenities

  • Amenities:Cable TV, High Speed Internet

Parking

  • Parking description:Uncovered Space(s) : 7
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