Turnkey fourplex Investment in Bremerton – Strong Cash Flow + Upside PotentialThis well-maintained and thoughtfully upgraded fourplex offers a rare opportunity to acquire a fully stabilized asset in one of Kitsap County’s most desirable rental corridors. With 100% occupancy throughout ownership, premium rents, and multiple value-add opportunities, this property is positioned for both immediate income and long-term appreciation. Consistent Performance: 100% occupancy with no vacancy gaps—demonstrating strong rental demand. Prime Location: Walking distance to Puget Sound Naval Shipyard, downtown, and ferry access to Seattle. Future Demand Driver: Expected arrival of the USS John F. Kennedy (CVN-79) in 2029, bringing additional workforce demand. Private Off-Street Parking: Dedicated tenant parking—no reliance on street parking. Turnkey Condition: Professionally maintained with landscaping and pest control in place. Recent Capital Improvements (2023–Present)New Laundry Facility ($20K+ Investment): Fully built-out with new power, venting, plumbing, and hot water system. Entire parking area re-graveled in 2026 for improved access and durability. Exterior Enhancements: Landscaping upgrades improving curb appeal and tenant satisfaction. Property Identity Upgrade: Added new official address representing the full complex.
Property Details
Price:
$949,000
MLS #:
NWM2508584
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subdivision:
West Bremerton
Neighborhood:
148westbremerton
Listed Date:
Apr 15, 2026
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1940
Units:
4
148 – West Bremerton148westbremertonWest BremertonCentral Kitsap #401Buyer To VerifyBuyer To VerifyBuyer To Verify
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Schools
School District:
Central Kitsap #401
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Cooling
Central Air
Flooring
Laminate
Heating
Ductless
Exterior
Construction Materials
Wood
Exterior Features
Wood Products
Lot Features
Sidewalk
Parking Spots
6
Parking Total
6
Roof
Composition
Financial
Net Operating Income
$59,429
Tax Year
2025
Taxes
$4,662
Map
Community
- Address815 Hewitt Avenue Bremerton WA
- SubdivisionWest Bremerton
- 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 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, 815 Hewitt Avenue Bremerton WA is a Multi Family for sale in Bremerton, WA, 98337. It is listed for $949,000 To schedule a showing of MLS#nwm2508584 at 815 Hewitt Avenue in Bremerton, WA, contact your The Agency Bainbridge Island agent at 2068868002.
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Courtesy of NW Elite Home Brokers. Disclaimer: Based on information submitted to the MLS GRID as of Apr-19-2026 12:23:30 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.
815 Hewitt Avenue
Bremerton, WA

