133 N Marion Street, Bremerton, WA 98312

Bremerton
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: charles burnett
Office: real broker llc.855-450-0442
MLS#:2603099
Source:NWMLS
133 N Marion Street,Bremerton, WA 98312
$635,500
  • - Beds
  • - Baths
  • 2,738 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$635,500
  • Price per sq. ft.:$232.1

About this home

4 Units | 8% Current Cap Rate. West Bremerton investment property consisting of a triplex plus detached one-bedroom cottage on a 10,890 SF lot. Strong in-place income with additional upside from scheduled rent increases and potential adjustments to market rents. Three of the four units have been cosmetically renovated, including the 2-bedroom unit in 2026. Major improvements include fresh exterior paint, extensive roof replacement, foundation, and updated plumbing and electrical. Separate electrical meters, coin-operated laundry, and off-street parking. Three units are leased on 12-month terms, while one is month-to-month, offering potential flexibility for an owner-occupant buyer. Conveniently located near PSNS, Olympic College, downtown Bremerton, Seattle ferry service, shopping, and major employers. An opportunity to acquire a four-unit property with an 8% current cap rate, established rental income, and significant capital improvements already completed.

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Home facts

  • Year built:1942
  • Subdivision & Development:Bremerton
  • Listing ID #:2603099
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Engineered Hardwood
  • Living area:2,738 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1942
  • Building area:2,738 sq. ft.
  • Lot area:0.25 Acres
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$635,500
  • Price per sq. ft.:$232.1
  • Tax amount:$6,208 (2026)

Parking

  • Total parking spaces:8
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 13, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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