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7655 E Karen Lane Port Orchard, WA $ 520,000
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7655 E Karen Lane
$ 520,000
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7655 E Karen Lane

Port Orchard, WA, 98366
$ 520,000
Bedrooms4 Baths2.0 Sq 1,680

Monthly Estimate*

$ 3,283

Listed by Better Properties Summit
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Multi-Family Home for sale in Port Orchard, WA

for $520,000 with 4 bedrooms and 2 full baths. This 1,680 square foot home was built in 1983 on a lot size of 0.48.

Beautiful duplex situated on a spacious half-acre lot with scenic water views. The property features beautifully landscaped front and back yards with mature trees and greenery, creating a peaceful setting. Both units offer open floor plans filled with natural light. Unit A has been fully updated and is vacant, making it move-in ready for an owner-occupant or new tenant. Market rent is $2200. Unit B is occupied by a long-term tenant on a month-to-month lease, currently paying $1,864per month. Recent updates include a new roof, and the deck for Unit A will be replaced prior to closing. This is an excellent opportunity to live in one unit while generating rental income from the other. Priced below market for exceptional value.

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Multi-Family Active

Price

$ 520,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,693

Style

Duplex

Lot Size

0.48

Year Built

1983

Town/City

Port Orchard

County/Region

Kitsap

MLS | Web ID

2555639
Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1983
View Lake
Property Subtype Multi Family
Tax Year 2025
County Kitsap
Net Operating Income 41875
Insurance Expense 800
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Manchester
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions WA-16 and take the Sedgwick Road (SR-160) exit toward Port Orchard follow Sedgwick Road east for several miles turn onto the local neighborhood roads leading to E Karen Ln.
City Port Orchard
Senior Community Y/N N
High School District South Kitsap
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 144 - Retsil/Manchester
Lot Size Units Square Feet
Lot Size Square Feet 20909
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 3693
Electric Expense 0
Fuel Expense 0
Property Condition Fair
Public Remarks Beautiful duplex situated on a spacious half-acre lot with scenic water views. The property features beautifully landscaped front and back yards with mature trees and greenery creating a peaceful set
Leasable Area 1680
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 8
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 4
Foundation Details Block
Building Area Total 1680
Lot Size Acres 0.48
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2555639
Street Number 1 7655
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* Excluded Features
List By
Subish Mathew

Listing Agent

Better Properties Summit

Broker

Affordability Calculator

$3,591
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,283
Monthly Property Taxes
$308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257397 Elementary School
257203 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
7/16/2026$520,000 Listed Price

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7655 E Karen Lane, Port Orchard, WA, 98366 is a Multi-Family Home for sale at $520,000 with 1,680 sqft and a lot size of 0.48. 7655 E Karen Lane has 4 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 98366 which is in Port Orchard, WA

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