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Listed by: Charles Burnett (206) 931-6036 | Real Broker LLC (855) 450-0442
$669,000
Monthly Est:$3,330
4 Beds
4 Baths
2,738sqft
133 N Marion St, Bremerton, WA 98312
$669,000
$3,330/moEst:
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Multi Family
Built in 1942
$-- HOA
10,890 sqft lot
$244/sq.ft
Description
Solid, turnkey fourplex on a large 10,890 SF lot in West Bremerton. Fully occupied with an attractive unit mix of (1) 2-bedroom, (2) 1-bedroom, and (1) studio unit. Strong in-place income with upside through scheduled rent increases and market rent growth. Offered at a 7.4% current cap rate with ~8% projected cap rate at market rents. The property consists of a triplex plus detached one-bedroom cottage with separate electrical meters, coin-operated laundry, and off-street parking. Three of the four units have been cosmetically renovated, including the 2-bedroom unit in 2026. Major capital improvements include fresh exterior paint, extensive roof replacement, foundation stabilization, and updated plumbing and electrical. Conveniently located near PSNS, Olympic College, downtown Bremerton, the Seattle ferry, shopping, and major employers. Excellent investment opportunity offering immediate cash flow and long-term upside in one of Kitsap County's strongest rental markets.
- Houzeo last checked: 10 hours ago
- Listing updated: September 22, 2026 at 6:35 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2544918
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1942
HOA Fees
-
Finished Area
2,738 sqft
Lot Size
10,890 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2544918
MLS Status
Active
Days on Market
97
Cumulative Days on Market
97
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Heating
Baseboard
Cooling
None
Sewer
Sewer Connected
Flooring
Ceramic Tile, Engineered Hardwood, Carpet
Exterior Features
Wood
Construction
Year Built
Year Built: 1942
Home type
Multi Family
Roof
Composition
Foundation Details
Poured Concrete
Property Condition
Average
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Bremerton
Price History
| Date | Event | Price |
|---|---|---|
06/26/2026 Source: | Listed for Sale | $669,000 $244/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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