2135 4th Street, Bremerton, WA 98312

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: rich kim
Office: lumin brokers of washington
MLS#:2425557
Source:NWMLS
2135 4th Street,Bremerton, WA 98312
$949,900
  • - Beds
  • - Baths
  • 2,812 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$949,900
  • Price per sq. ft.:$337.8

About this home

7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 6.92% would be raised to 8.43%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

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Home facts

  • Year built:1932
  • Listing ID #:2425557
  • Updated:December 17, 2025 at 10:43 PM

Rooms and interior

  • Living area:2,812 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1932
  • Building area:2,812 sq. ft.
  • Lot area:0.25 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$949,900
  • Price per sq. ft.:$337.8
  • Tax amount:$5,138 (2025)
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