140 S Cambrian Avenue, Bremerton, WA 98312
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: brian pate, dan pehlke
Office: compass
MLS#:2565809
Source:NWMLS
140 S Cambrian Avenue,Bremerton, WA 98312
$385,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
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Price summary
- Price:$385,000
About this home
Investor or owner-occupant opportunity in the heart of Bremerton. This two-unit property offers 2,192 sq ft of livable space minutes from Puget Sound Naval Shipyard and Naval Base Kitsap — one of the region's most reliable rental markets.The larger unit is a spacious 3-bed/1-bath at 1,523 sq ft, with room for roommates, while the second is an efficient 1-bed/1-bath at 669 sq ft — ideal for a single tenant or a low-maintenance rental. Both come equipped with range/oven, refrigerator, and dishwasher, plus shared on-site laundry. Covered parking and additional street parking mean tenants always have a spot. Both units are vacant and ready now — a clean slate to set rents at today's market, or live in one side while the other helps cover your mortgage. Projected rents pencil to $3,050/month, driving $36,600 gross scheduled income, $26,114 NOI, and a 5.67% cap rate at list. Steady military and civilian demand keeps vacancy low and tenants dependable. House-hack into ownership or run it turnkey from day one. Double listed MLS#...
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Home facts
- Year built:1916
- Subdivision & Development:Navy Yard City
- Listing ID #:2565809
- Updated:September 25, 2026 at 08:19 AM
Rooms and interior
- Flooring:Carpet, Vinyl Floor
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1916
- Lot Features:Alley, Paved, Sidewalk
- Construction Materials:Wood Products Exterior Finish
- Exterior Features:Deck, Fenced-Partially, Patio
Schools
- High school:Bremerton High
- Middle school:Mtn View Mid
- Elementary school:West Hills Elem
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$385,000
- Tax amount:$3,796 (2025)
Features and amenities
- Amenities:Cable TV, Gas Available, High Speed Internet
Parking
- Total parking spaces:6
- Carport spaces:2
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