Listing Provided Courtesy of Lumin Brokers of Washington7-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:
4
Baths:
7
Type:
Multi Family
Subdivision:
West Bremerton
Neighborhood:
148westbremerton
Listed Date:
Aug 26, 2025
Finished Sq Ft:
2,812
Total Sq Ft:
2,812
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1932
Units:
7
See this Listing
Schools
School District:
Bremerton #100c
Interior
Cooling
None
Flooring
Ceramic Tile, Carpet
Heating
Baseboard
Exterior
Construction Materials
Wood
Exterior Features
Wood
Lot Features
Paved
Open Parking Spaces
7
Open Parking YN
1
Parking Spots
7
Parking Total
7
Roof
Composition
View
Territorial
Financial
Tax Year
2025
Taxes
$5,138
Map
Community
- Address2135 4th Street Bremerton WA
- SubdivisionWest Bremerton
- CityBremerton
- CountyKitsap
- Zip Code98312
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 Apr 19, 2026
22
Multi Family Listed
85
Avg DOM
268
Avg $ / SqFt
$675,343
Avg List Price
Property Summary
- Located in the West Bremerton subdivision, 2135 4th Street Bremerton WA is a Multi Family for sale in Bremerton, WA, 98312. It is listed for $949,900 To schedule a showing of MLS#nwm2425557 at 2135 4th Street in Bremerton, WA, contact your The Agency Bainbridge Island agent at 2068868002.
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Courtesy of Lumin Brokers of Washington. Disclaimer: Based on information submitted to the MLS GRID as of Apr-19-2026 12:29:50 am. 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.
2135 4th Street
Bremerton, WA
