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No HOA
Street View
Listed by: David A. Kelley (360) 705-2800 | Kidder Mathews (360) 705-2800
$725,000
Monthly Est:$3,609
3 Beds
7 Baths
--sqft
2135 4th Street, Bremerton, WA 98312
$725,000
$3,609/moEst:
Get Pre-Approved
Multi Family
Built in 1932
$-- HOA
10,890 sqft lot
--/sqft
Description
This offering presents a 7-unit value-add multifamily opportunity in Bremerton, priced at $725,000 and offered north of a 7% cap rate on in-place income. Like much of the surrounding submarket's older housing stock, the property offers dated interiors and a clear path for new ownership to drive rents through unit-by-unit renovations and modernization — positioning the asset for meaningful upside 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, 2135 4th St offers an efficient, well-priced entry point into the Bremerton multifamily market.
- Houzeo last checked: 9 hours ago
- Listing updated: October 1, 2026 at 4:18 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2568500
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1932
HOA Fees
-
Finished Area
- sqft
Lot Size
10,890 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2568500
MLS Status
Active
Days on Market
50
Cumulative Days on Market
377
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 7
Interior
Heating
Baseboard
Cooling
None
Sewer
Sewer Connected
Flooring
Ceramic Tile
Exterior Features
Wood
Construction
Year Built
Year Built: 1932
Home type
Multi Family
Roof
Composition
Foundation Details
Poured Concrete
Property Condition
Fair
Construction Materials
Wood
Other Features
Lot Features
Paved
Subdivision Name
Bremerton
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listed for Sale | $725,000 $0/sqft |
09/15/2026 Source: | Pending | $725,000 +0.01% $0/sqft |
08/04/2026 Source: | Listing Removed | $724,900 -3.33% $0/sqft |
07/14/2026 Source: | Price Decreased | $749,900 -3.23% $0/sqft |
08/26/2025 Source: | Listed for Sale | $774,900 $0/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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