Bainbridge Island

629 Highland Bremerton WA 98337 | MLS #NWM2571193

629 Highland
Bremerton, WA, 98337
$685,000
4 Beds
6 Baths
0 SqFt
0.11 Acres
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MLS #NWM2571193 image #0
Listing Provided Courtesy of Kidder Mathews
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.

Property Details

Price:
$685,000
MLS #:
NWM2571193
Status:
Active
Beds:
4
Baths:
6
Type:
Multi Family
Subdivision:
Bremerton
Neighborhood:
148westbremerton
Listed Date:
Aug 19, 2026
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1910
Units:
6
148 – West Bremerton148westbremertonBremertonBremerton #100cPartial

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Schools

School District:
Bremerton #100c

Interior

Cooling
None
Heating
Forced Air

Exterior

Construction Materials
Wood
Exterior Features
Wood Products
Roof
Flat
View
Partial

Financial

Net Operating Income
$47,956
Tax Year
2026
Taxes
$5,652

Map

Community

Market Summary

Current real estate data for Multi Family in Bremerton as of Sep 06, 2026
22
Multi Family Listed
111
Avg DOM
241
Avg $ / SqFt
$1,056,808
Avg List Price

Property Summary

    Located in the Bremerton subdivision, 629 Highland Bremerton WA is a Multi Family for sale in Bremerton, WA, 98337. It is listed for $685,000 To schedule a showing of MLS#nwm2571193 at 629 Highland in Bremerton, WA, contact your The Agency Bainbridge Island agent at 2068668002.

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