629 Highland, Bremerton, WA 98337
Local realty services provided by:Knipe Realty ERA Powered
Listed by: david a. kelley
Office: kidder mathews
MLS#:2571193
Source:NWMLS
629 Highland,Bremerton, WA 98337
$685,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$685,000
About this home
627 Highland Ave — Bremerton, WA 98337 This offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at $685,000 and offered at a 7% cap rate on in-place income. Built in 1910, the property represents classic older-vintage Bremerton housing stock, offering a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization 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, 627 Highland Ave offers an efficient, well-priced entry point into the Bremerton multifamily market.
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Home facts
- Year built:1910
- Subdivision & Development:Bremerton
- Listing ID #:2571193
- Updated:August 20, 2026 at 11:18 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Flat Roof
- Year built:1910
- Lot area:0.11 Acres
- Construction Materials:Wood Products Exterior Finish
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$685,000
- Tax amount:$5,652 (2026)
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