
7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 6.92% would be raised to 8.43%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!
Property Details
Price:
$949,900
MLS #:
NWM2425557
Status:
Active
Beds:
0
Baths:
0
Address:
2135 4th Street
Type:
Multi Family
Subdivision:
West Bremerton
Neighborhood:
148 – West Bremerton
City:
Bremerton
Listed Date:
Aug 26, 2025
State:
WA
Finished Sq Ft:
2,812
Total Sq Ft:
2,812
ZIP:
98312
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1932
Units:
7
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As a seasoned realtor with an advanced background in tech, I offer a unique market advantage above the rest. Whether you’re a first-time buyer navigating the complicated world of home purchasing, or an experienced investor looking for a solid investment property, I provide in-depth analytics, expert strategy, and a thorough understanding of contracts to ensure informed decision-making every step of the way.
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Schools
School District:
Bremerton #100c
Interior
Cooling
None
Flooring
Ceramic Tile, Carpet
Heating
Baseboard
Exterior
Construction Materials
Wood
Exterior Features
Wood
Parking Spots
7
Roof
Composition
Financial
Net Operating Income
$65,722
Tax Year
2025
Taxes
$5,138
Map
Community
- Address2135 4th Street Bremerton WA
- SubdivisionWest Bremerton
- CityBremerton
- CountyKitsap
- Zip Code98312
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The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Aug-28-2025 6:19:27 am. © 2025 NWMLS.
2135 4th Street
Bremerton, WA
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