Bainbridge Island

1275 Northlake Way NW Bremerton WA 98312 MLS #NWM2491005

There are multiple listings for this address:
1275 Northlake Way NW
Bremerton, WA, 98312
$410,000
2 Beds
2 Baths
1,162 SqFt
0.24 Acres
Add
MLS #NWM2491005 image #0
Listing Provided Courtesy of eXp Realty
These 1940 cabins offer a unique blend of classic charm and modern convenience in a prime Kitsap Lake location. These 2 homes on a single parcel are nestled in a serene neighborhood. The homes are partially updated making an excellent opportunity for investors or those seeking a cozy home with rental potential. This parcel is zoned R-10 and double listed in the MLS under single family and multifamily listings. Each home is a 1-bedroom, 3/4 bath unit with its own laundry and everything else you may need. This is a prime location, with quality tenants, and strong upside and the type of investment you’ve been waiting for. Units are currently on month-to-month leases, with long term tenants making this a turnkey opportunity. Monthly rent for these units is $1,050/month and $1,100/month and current rates are below market value.

Property Details

Price:
$410,000
MLS #:
NWM2491005
Status:
Active
Beds:
2
Baths:
2
Type:
Multi Family
Subdivision:
Kitsap Lake
Neighborhood:
148westbremerton
Listed Date:
Apr 23, 2026
Finished Sq Ft:
1,162
Total Sq Ft:
1,162
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1940
Units:
2
148 – West Bremerton148westbremertonKitsap LakeBremerton #100cKitsap Lake ElemMtn View MidBremerton High

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Schools

School District:
Bremerton #100c
Elementary School:
Kitsap Lake Elem
Middle School:
Mtn View Mid
High School:
Bremerton High

Interior

Cooling
See Remarks
Flooring
Vinyl
Heating
Stove/Free Standing, Wall Furnace

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
4
Parking Total
4
Roof
Composition

Financial

Net Operating Income
$20,672
Tax Year
2026
Taxes
$1,541

Map

Community

Market Summary

Current real estate data for Multi Family in Bremerton as of Jun 16, 2026
27
Multi Family Listed
92
Avg DOM
270
Avg $ / SqFt
$906,837
Avg List Price

Property Summary

    Located in the Kitsap Lake subdivision, 1275 Northlake Way NW Bremerton WA is a Multi Family for sale in Bremerton, WA, 98312. It is listed for $410,000 To schedule a showing of MLS#nwm2491005 at 1275 Northlake Way NW in Bremerton, WA, contact your The Agency Bainbridge Island agent at 2068668002.

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1275 Northlake Way NW
Bremerton, WA
1275 Northlake Way NW
Bremerton, WA, 98312
$410,000
2 Beds
2 Baths
1,162 SqFt
0.24 Acres
Add
MLS #NWM2491014 image #0
Listing Provided Courtesy of eXp Realty
These 1940 cabins offer a unique blend of classic charm and modern convenience in a prime Kitsap Lake location. These 2 homes on a single parcel are nestled in a serene neighborhood. The homes are partially updated making an excellent opportunity for investors or those seeking a cozy home with rental potential. This parcel is zoned R-10 and double listed in the MLS under single family and multifamily listings. Each home is a 1-bedroom, 3/4 bath unit with its own laundry and everything else you may need. This is a prime location, with quality tenants, and strong upside and the type of investment you’ve been waiting for. Units are currently on month-to-month leases, with long term tenants making this a turnkey opportunity. Monthly rent for these units is $1,050/month and $1,100/month and current rates are below market value.

Property Details

Price:
$410,000
MLS #:
NWM2491014
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Multi Family
Subdivision:
Kitsap Lake
Neighborhood:
148westbremerton
Listed Date:
Apr 23, 2026
Finished Sq Ft:
1,162
Total Sq Ft:
1,162
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1940
148 – West Bremerton148westbremertonKitsap LakeBremerton #100cKitsap Lake ElemMtn View MidBremerton High

Ask a Question

See this Listing

Send
  

Schools

School District:
Bremerton #100c
Elementary School:
Kitsap Lake Elem
Middle School:
Mtn View Mid
High School:
Bremerton High

Interior

Cooling
See Remarks
Flooring
Vinyl
Heating
Stove/Free Standing, Wall Furnace

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
4
Parking Total
4
Roof
Composition

Financial

Net Operating Income
$20,672
Tax Year
2026
Taxes
$1,541

Map

Community

Market Summary

Current real estate data for Single Family in Bremerton as of Jun 16, 2026
27
Single Family Listed
92
Avg DOM
270
Avg $ / SqFt
$906,837
Avg List Price

Property Summary

    Located in the Kitsap Lake subdivision, 1275 Northlake Way NW Bremerton WA is a Single Family for sale in Bremerton, WA, 98312. It is listed for $410,000 and features 2 beds, 2 baths, and has approximately 1,162 square feet of living space, and was originally constructed in 1940. The current price per square foot is $353. The average price per square foot for Single Family listings in Bremerton is $270. The average listing price for Single Family in Bremerton is $906,837. To schedule a showing of MLS#nwm2491014 at 1275 Northlake Way NW in Bremerton, WA, contact your The Agency Bainbridge Island agent at 2068668002.

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