629 Highland, Bremerton, WA 98337

Bremerton
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: david a. kelley
Office: kidder mathews
MLS#:2571193
Source:NWMLS
629 Highland,Bremerton, WA 98337
$685,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$685,000

About this home

627 Highland Ave — Bremerton, WA 98337 This offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at $685,000 and offered at a 7% cap rate on in-place income. Built in 1910, the property represents classic older-vintage Bremerton housing stock, offering a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization as units turn. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, supporting steady renter demand and a durable tenant base for well-located multifamily product in the submarket. For an investor seeking an attractive going-in yield with a manageable-scale renovation opportunity, 627 Highland Ave offers an efficient, well-priced entry point into the Bremerton multifamily market.

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Home facts

  • Year built:1910
  • Subdivision & Development:Bremerton
  • Listing ID #:2571193
  • Updated:September 05, 2026 at 11:33 AM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat Roof
  • Year built:1910
  • Lot area:0.11 Acres
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$685,000
  • Tax amount:$5,652 (2026)
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