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
- Address4617 Beach Drive E Port Orchard WA
- SubdivisionWaterman
- CityPort Orchard
- CountyKitsap
- Zip Code98366
Subdivisions in Port Orchard
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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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Better Properties Kitsap.
Disclaimer: Based on information submitted to the MLS GRID as of Aug-19-2026 6:16:37 pm. 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.
represents listings courtesy of NWMLS. Listed by Better Properties Kitsap.Disclaimer: Based on information submitted to the MLS GRID as of Aug-19-2026 6:16:37 pm. 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.
4617 Beach Drive E
Port Orchard, WA

