Bainbridge Island

4617 Beach Drive E Port Orchard WA 98366 | MLS #NWM2559306

4617 Beach Drive E
Port Orchard, WA, 98366
$1,170,000
8 Beds
8 Baths
4,664 SqFt
0.75 Acres
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MLS #NWM2559306 image #0
Listing Provided Courtesy of Better Properties Kitsap
Looking for a great investment with positive cash flow? Here’s your chance to own not just 1 duplex but 2 duplexes in this beautiful area of Beach Drive in Port Orchard! Each unit has 2BR & a full bath plus a very unexpected half bath for guests. The layout is great! Living, Dining, Kitchen, & half bath on the main floor and 2 BR, full Bath and Laundry below plus storage. Each has its own deck looking out to Sinclair Inlet where the WA State Ferries travel several times a day along with a multitude of marine life to see in their natural habitat. Having the bonus of a garage is also very attractive to tenants. There is no better price per unit in much of Kitsap than these 2 duplexes. Rental demand is high and inventory is low. These units have never stayed empty very long. Rent payments are below the current market rates. An investor could create a bigger cap rate and would truly benefit from these duplexes in their portfolios. Don’t miss the amazing view!! Please NO drive-bys.

Property Details

Price:
$1,170,000
MLS #:
NWM2559306
Status:
Active
Beds:
8
Baths:
8
Type:
Multi Family
Subdivision:
Waterman
Neighborhood:
144retsilmanchester
Listed Date:
Jul 24, 2026
Finished Sq Ft:
0
Total Sq Ft:
4,664
Lot Size:
32,670 sqft / 0.75 acres (approx)
Year Built:
1980
Units:
4
144 – Retsil/manchester144retsilmanchesterWatermanSouth KitsapBuyer To VerifyBuyer To VerifyBuyer To Verify

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Schools

School District:
South Kitsap
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Flooring
Laminate, Vinyl, Carpet
Heating
Baseboard, Wall Furnace

Exterior

Construction Materials
Wood
Covered Spaces
4
Exterior Features
Wood
Garage Spaces
4
Green Energy Efficient
Thermal Windows
Lot Features
Dead End Street
Parking Spots
8
Parking Total
8
Roof
Composition
View
Bay, Mountains, Partial, Territorial

Financial

Net Operating Income
$57,175
Tax Year
2026
Taxes
$8,525

Map

Community

Market Summary

Current real estate data for Multi Family in Port Orchard as of Aug 20, 2026
8
Multi Family Listed
183
Avg DOM
279
Avg $ / SqFt
$782,250
Avg List Price

Property Summary

    Located in the Waterman subdivision, 4617 Beach Drive E Port Orchard WA is a Multi Family for sale in Port Orchard, WA, 98366. It is listed for $1,170,000 To schedule a showing of MLS#nwm2559306 at 4617 Beach Drive E in Port Orchard, WA, contact your The Agency Bainbridge Island agent at 2068668002.

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