801 Veneta Avenue, Bremerton, WA 98337
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: david a. kelley
Office: kidder mathews360-705-2800
MLS#:2568462
Source:NWMLS
801 Veneta Avenue,Bremerton, WA 98337
$725,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
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:November 13, 2026 at 10:02 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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