801 Veneta Avenue, Bremerton, WA 98337

Bremerton
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: david a. kelley
Office: kidder mathews
MLS#:2568462
Source:NWMLS
801 Veneta Avenue,Bremerton, WA 98337
$725,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$725,000

About this home

The Veneta apartment offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at a 7% cap rate on in-place income. The property is an older-vintage asset with dated interiors, presenting a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization - a classic value-add play in a market where comparable renovated units command a meaningful rent premium. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, which continues to support steady renter demand and provides a durable, recession-resistant tenant base for well-located multifamily product in the submarket. For an investor seeking a manageable-scale renovation project with an attractive going-in yield and a clear path to stabilized upside, 801 Veneta Ave offers an efficient entry point into the Bremerton multifamily market.

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Home facts

  • Year built:1912
  • Subdivision & Development:Bremerton
  • Listing ID #:2568462
  • Updated:August 13, 2026 at 11:47 AM

Rooms and interior

  • Flooring:Ceramic Tile Floor

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1912
  • Lot area:0.19 Acres
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$725,000
  • Tax amount:$6,664 (2026)
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