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
Ask a Question
See this Listing
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
- Address629 Highland Bremerton WA
- SubdivisionBremerton
- CityBremerton
- CountyKitsap
- Zip Code98337
Subdivisions in Bremerton
- Blueberry Meadows
- Bremerton
- Brownsville
- Camp Union
- Central Kitsap
- Central Valley
- Charleston
- Chico
- East Bremerton
- Erlands Point
- Fairgrounds
- Gorst
- Huckle Ridge
- Illahee
- Kariotis
- Kitsap Lake
- Lake Symington
- Lake Tahuyeh
- Manette
- Marine Drive
- McCormick
- Mission Lake
- Oyster Bay
- Phinney Bay
- Port Orchard
- Ridgetop
- Rocky Point
- Seabeck
- Sheridan Park
- Sherman Heights
- Silverdale
- South Kitsap
- Tracyton
- West Bremerton
- West Hills
- Wildcat Lake
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.
Similar Listings Nearby
© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Kidder Mathews.
Disclaimer: Based on information submitted to the MLS GRID as of Sep-06-2026 12:06:18 pm. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by Kidder Mathews.Disclaimer: Based on information submitted to the MLS GRID as of Sep-06-2026 12:06:18 pm. 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.
Copyright 2026. All rights reserved.
629 Highland
Bremerton, WA

