324 S Lafayette Avenue, Bremerton, WA 98312

Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: max frame
Office: kidder mathews
MLS#:2508012
Source:NWMLS
324 S Lafayette Avenue,Bremerton, WA 98312
$1,850,000
  • - Beds
  • - Baths
  • 6,496 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$284.79

About this home

Located in rapidly growing Kitsap County, this property offers investors a compelling combination of stable market fundamentals, recent capital improvements, and proven rental upside. Backed by landlord-friendly policies and a federally anchored employment base, the area is well positioned for long-term demand and investment durability. The asset presents clear operational upside, with recent leases achieving $1,680 and $1,690, helping validate continued rent growth potential. Additional income opportunities may be realized through laundry, parking, and RUBS implementation. The property also benefits from excellent transportation access, with ferry, bus, and direct highway connections linking residents to the broader Puget Sound employment base. Over the past four years, approximately $246,000 has been invested in major capital improvements, including a new roof, all-unit window replacements, full electrical panel upgrades, and water heater replacements throughout. With key...

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Home facts

  • Year built:1978
  • Listing ID #:2508012
  • Updated:April 19, 2026 at 11:05 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:6,496 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1978
  • Building area:6,496 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Curbed Lot
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Barn

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$284.79
  • Tax amount:$12,634 (2026)

Parking

  • Total parking spaces:3
  • Garage:Yes
  • Garage spaces:6
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